A strategic alliance is a(n):
A) contract that brings together members from different functional departments in an organization.
B) cooperation agreement with another organization to jointly pursue activities of mutual interest.
C) organizational structure that combines the functional and divisional structures.
D) set-up that eliminates internal boundaries among subsystems and external boundaries with the external environment.
E) arrangement that emphasizes formal authority, order, fairness, and efficiency.

Question

Quizplus · Accepted Answer

A strategic alliance is a cooperative agreement between two or more organizations to jointly pursue activities of mutual interest. It allows organizations to collaborate and leverage their resources and capabilities to achieve shared goals.

A Strategic Alliance Is A(n)