Anna makes delicious baked goods but has no retail space.She has contracted with a local grocer to sell her wares in the grocery store.This arrangement is known as a(n):

Question

Quizplus · Accepted Answer

The arrangement between Anna and the local grocer is a strategic alliance. A strategic alliance is a cooperative agreement between two or more businesses to work together for mutual benefit. In this case, Anna benefits from having a retail outlet for her baked goods while the grocery store benefits from offering fresh, delicious products to their customers without having to make them themselves.

Anna Makes Delicious Baked Goods but Has No Retail Space