A Strategic Alliance Is

question 5

Multiple Choice

A strategic alliance is:

• A)an organizational relationship that links two separate businesses.
• B)an unimportant organizational form in today's business environment.
• C)an attempt to duplicate efforts between two firms.
• D)a strategy that,as a result of its unwieldy nature,is falling from practice.

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Definitions:

Gift

A voluntary transfer of property for which the donor receives no consideration in return.

Title

The formal right of ownership of property, whether real or personal, tangible or intangible.

Bailment

The temporary placement of control over or possession of personal property by one person into the hands of another, under agreement.

Transfer of Exclusive Possession

The act of transferring the right to exclusively occupy or use property or goods to another party.