Which of the Following Is a Characteristic of a Strategic

question 63

Multiple Choice

Which of the following is a characteristic of a strategic partnership?

• A) It allows multiple parties to share the risks and expenses.
• B) It can accommodate only a small number of participants.
• C) It provides access to new markets and technologies.
• D) It prevents rival firms from collaborating.

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Definitions:

Corporate Social Responsibility

A business model that helps a company be socially accountable to itself, its stakeholders, and the public.

Social Change

Significant alterations over time in behavior patterns, cultural values and norms, and societal structures.

Business Value

The importance or worth that a company or project brings to stakeholders, including financial profitability, brand reputation, and customer satisfaction.

Key Message

A core piece of information or value proposition that an organization seeks to communicate to its audience.