Strategic alliances and ____ are very similar.

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Strategic alliances and joint ventures are very similar as they both involve two or more businesses collaborating to achieve a common goal. In a joint venture, the businesses create a separate legal entity to pursue the common goal, while in a strategic alliance the businesses may remain separate legal entities but work together on a specific project or initiative. Trading companies, most-favoured-nation status, licensing agreements, and corporate mergers are not necessarily similar to strategic alliances.

Strategic Alliances and ____ Are Very Similar