A strategic partnership ________.
A)promotes efficiencies because of its flexible and informal arrangements
B)leads to dysfunctional conflict,as opposed to synergy,among the parties involved
C)entails a lot of paperwork when creating and disbanding projects
D)does not allow either firm to retain its brand identity

Question

Quizplus · Accepted Answer

A strategic partnership promotes efficiencies because it allows for flexible and informal arrangements between the parties involved, enabling them to work together towards a common goal. It does not necessarily entail a lot of paperwork, nor does it require the firms to give up their brand identity. While there may be certain challenges that need to be addressed, such as power imbalances and conflicting goals, a well-executed strategic partnership can lead to significant benefits for all parties involved.

A Strategic Partnership ________