What Is a Strategic Alliance

question 26

Multiple Choice

What is a strategic alliance?

• A) It is a long-term partnership between two organizations designed to accomplish the strategic goals of both parties.
• B) It is a collaboration of two different departments within an organization in order to implement the organization's strategic plan.
• C) It is a team, consisting of members from different functional areas of the organization, that work together to create a strategic plan
• D) It is an alliance with experts outside the organization who are called in to help the company generate new product ideas.

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Definitions:

Excise Tax

A tax paid on specific goods and services, such as gasoline, cigarettes, or alcohol, often imposed by the government.

Pumpkins

Large, round, orange-yellow fruits from the squash family, commonly carved as jack-o'-lanterns for Halloween or used in pies.

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Individuals below the legal age who engage in smoking tobacco products.

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Individuals over the legal adult age who consume tobacco products through the act of smoking.