Strategic alliances are more rigid than joint ventures.

Name: Strategic alliances are more rigid than joint ventures.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Strategic alliances are often less formal and less structured than joint ventures, allowing for more flexibility in their formation and operation. Joint ventures, on the other hand, usually involve the creation of a separate legal entity and require a more strict contractual agreement between the participating parties.

Strategic Alliances Are More Rigid Than Joint Ventures