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Explain Strategic Alliance and the Factors That Contribute to Its

question 44

Essay

Explain strategic alliance and the factors that contribute to its long-term survival.


Definitions:

Commercial Ventures

Business endeavors undertaken with the aim of making a profit, including a wide range of activities from start-ups to large corporate enterprises.

Donations

Voluntary gifts of money or goods to organizations or individuals, often for charitable purposes or to support a cause.

Social Responsibility

The obligation of individuals, organizations, and businesses to act for the benefit of society at large, often emphasizing sustainability and ethical practices.

Philanthropic

Relating to the act of giving money, goods, time, or effort to support a charitable cause, often with no financial benefit to the giver.

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