CADIC serves a group of member hospitals that are located in many countries.The partnering members do not invest in each other's institutions, but CADIC coordinates with members on mutual interests, helping them create value through collaboration.This is an example of:

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Quizplus · Accepted Answer

CADIC's coordination with member hospitals on mutual interests and creation of value through collaboration is a clear example of a strategic alliance. A strategic alliance is a cooperative agreement between two or more firms in which they work together to achieve a specific goal. In this case, the member hospitals are working together to create value through collaboration facilitated by CADIC. Exporting, franchising, joint ventures, and direct investment all involve some form of monetary investment or ownership in another institution, which is not the case with CADIC's member hospitals.

CADIC Serves a Group of Member Hospitals That Are Located