The Renault Nissan alliance is an example of a __________ created to gain economies of scope by sharing resources and capabilities.
A) diversifying strategic alliance
B) vertical complementary alliance
C) synergistic strategic alliance
D) nonequity-based horizontal complementary alliance

Question

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The Renault Nissan alliance is a synergistic strategic alliance, where both companies collaborate to achieve greater efficiency and effectiveness by sharing resources and capabilities, thus gaining economies of scope.

The Renault Nissan Alliance Is an Example of a __________