A _____ is an agreement in which companies combine key resources, costs, risks, technology, and people.
A) strategic alliance
B) business acquisition
C) merger
D) divestiture

Question

Quizplus · Accepted Answer

A strategic alliance is a partnership between companies where they combine resources, costs, risks, technology, and people for a common objective. It is less binding than a merger or acquisition and allows companies to share knowledge and resources while maintaining their independence. Business acquisition refers to one company buying another. Merger refers to two companies joining together and forming a new entity. Divestiture is the opposite of an acquisition, where a company sells or spins off a part of their business.

A _____ Is an Agreement in Which Companies Combine Key