Strategic alliances are

Question

Quizplus · Accepted Answer

Strategic alliances refer to partnerships between competitors, customers, or suppliers that may take various forms such as joint ventures, licensing agreements, or research and development collaborations. Thus, option A is the correct choice. Option B is incorrect because a growth triangle refers to geographic regions or economic areas that are linked together for mutual benefit. Option C is incorrect because arbitration refers to the process of resolving a dispute between two parties through a neutral third party. Option D is incorrect because joint ventures are a specific type of strategic alliance where two or more parties come together to create a new entity.

Strategic Alliances Are