A strategic alliance between two companies that involves cooperating in research and development is known as
A) a dynamic capability.
B) a technological alliance.
C) an acquisition.
D) a spin-in.
E) an internal strategy.

Question

Quizplus · Accepted Answer

A strategic alliance involving cooperation in research and development is known as a technological alliance. Choice A, dynamic capability, refers to a company's ability to adapt and respond to changing market conditions. Choice C, an acquisition, is the purchase of one company by another. Choice D, a spin-in, refers to a company bringing in external technology or knowledge to develop its own capabilities. Choice E, an internal strategy, could refer to a range of strategies implemented solely within a company.

A Strategic Alliance Between Two Companies That Involves Cooperating in Research