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What Are Some Advantages for Businesses That Engage in Strategic

question 156

Essay

What are some advantages for businesses that engage in strategic alliances?


Definitions:

Registered Mark

A trademark that has been officially registered with a recognized government authority.

Trade Secrets

Intellectual property that consists of confidential business information which provides a competitive edge.

Computer

An electronic device capable of executing a series of arithmetic or logical operations to process data, often programmable.

Confidential Business Data

Information proprietary to a business that is kept secret to maintain an advantage or prevent it from being exploited by competitors.

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