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What Is the Term for a Strategic Alliance in Which

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What is the term for a strategic alliance in which two existing companies collaborate to form a third,independent company?


Definitions:

Business Managers

Individuals responsible for planning, organizing, leading, and overseeing the activities and operations in an organization.

Form Teams

The process of creating groups of individuals to work together towards a common goal or project.

Trade Offs

The concept of giving up one benefit or advantage in order to gain another considered more desirable.

Group Diversity

The presence of a wide range of variation in qualities among members of a group, such as age, gender, ethnic background, and socio-economic status.

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