Which of the Following Is True About Strategic Alliance

question 70

Multiple Choice

Which of the following is true about strategic alliance?

• A) It is an agreement that considers the choice between making money or controlling and running a business.
• B) It is a business relationship based on cooperation out of mutual need, and there is shared risk in achieving a common objective.
• C) It is the transference of leadership from one generation to the next to ensure continuity of family ownership of the business.
• D) It is a nonprofit association dedicated to educating entrepreneurs and helping small businesses start, grow, and succeed nationwide.
• E) It is insurance that protects a business in the event of a natural disaster that affects the ability of a company to conduct business.

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Definitions:

Mistrust

The lack of trust or confidence in something or someone, often stemming from experiences of betrayal or inconsistencies.

Betrayal

An act of disloyalty or treachery, where trust is broken by one party in a relationship.

Guilt

A feeling of having committed wrong or failed in an obligation.

Assassinated

The act of killing someone suddenly and deliberately, often a prominent or political figure, for ideological or other reasons.