The management is thinking of joining hands with its one time rival, CG-VAK Software in order to gain access to new markets and technologies.By doing this, the organization is nurturing a ________.
A) cross-functional partnership
B) task force
C) community of practice
D) strategic partnership

Question

Quizplus · Accepted Answer

Joining hands with a one-time rival to gain access to new markets and technologies suggests a strategic partnership, which is a type of collaboration between two organizations with a long-term vision and shared goals for mutual growth and benefit. Cross-functional partnerships involve collaboration between different departments within the same organization, task forces are temporary groups formed to accomplish a specific objective, and communities of practice are groups of individuals with a shared interest or passion who come together to share knowledge and learn from one another.

The Management Is Thinking of Joining Hands with Its One