A _____ is an agreement between two companies (or a company and a nation) to pool resources to achieve goals that benefit both partners.
A) limited partnership
B) licensing
C) strategic alliance
D) direct investment

Question

A _____ is an agreement between two companies (or a company and a nation) to pool resources to achieve goals that benefit both partners.
A) limited partnership 
B) licensing
C) strategic alliance
D) direct investment

Quizplus · Accepted Answer

A strategic alliance refers to a collaboration between two companies or a company and a nation to pool resources and expertise in order to achieve mutual benefits. This type of partnership can be formed to share market knowledge, technology, and resources, among other things. A limited partnership involves two or more partners, with one or more being limited partners whose liability is limited to their investment, while licensing involves the granting of permission by one company to another to use intellectual property, while direct investment refers to a company investing in a foreign country to establish a subsidiary or acquire an existing company.

A _____ Is an Agreement Between Two Companies (Or a Company