In the context of strategic alliances,a cooperative relationship formed between businesses:
A)typically involves forming a new business unit.
B)involves partners taking ownership positions.
C)is usually less formal than a joint venture.
D)is not flexible or easily adaptable to changing market conditions.

Question

Quizplus · Accepted Answer

A cooperative relationship formed between businesses in the context of strategic alliances is usually less formal than a joint venture. It may involve collaborative activities such as sharing resources, knowledge, or expertise, without necessitating the formation of a separate legal entity or taking ownership positions. This allows for more flexibility and adaptability to changing market conditions. However, it is still a formalized alliance with clear objectives and expectations.

In the Context of Strategic Alliances,a Cooperative Relationship Formed Between