Two companies join together in partnership to pursue an area of mutual interest. This is called a(n) __________.
A) acquisition
B) downsizing
C) strategic alliance
D) divestiture

Question

Quizplus · Accepted Answer

A strategic alliance is a partnership formed between two companies with a shared interest in pursuing a particular opportunity or goal. An acquisition involves one company taking over another company, while downsizing and divestiture involve reducing the size or scope of a company's operations.

Two Companies Join Together in Partnership to Pursue an Area