In a(n) _____, firms work together cooperatively, but no new organization is formed.

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A strategic alliance is a type of cooperative arrangement between two or more firms for mutual benefit, but without the creation of a new organization. In a strategic alliance, the participating firms remain independent and maintain their respective ownership and control structures. They work together towards a common goal, such as developing a new product, entering a new market, or sharing resources and expertise, while retaining their separate identities and legal status. Examples of strategic alliances include joint marketing agreements, technology transfer partnerships, and research and development collaborations.

In A(n) _____, Firms Work Together Cooperatively, but No New