The Kind of Strategic Alliance in Which a Company Forms

question 82

Multiple Choice

The kind of strategic alliance in which a company forms a strong and close long-term relationship for mutual advantage with a key supplier or distributor is the

• A) joint venture.
• B) licensing agreement.
• C) value-chain partnership.
• D) mutual service consortia.
• E) holding company.

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Definitions:

Compliance

The act of adhering to laws, regulations, standards, or policies.

Inconvenience

A minor trouble or difficulty that causes disruption to someone's comfort, plans, or routine.

Apology

An expression of regret or sorrow for having wronged someone, often seeking forgiveness.

Compliance

Involves adhering to rules, regulations, or standards set by authorities or organizations.