A(n)___ Is a Type of Strategic Alliance in Which Cooperation

question 61

Essay

A(n)___ is a type of strategic alliance in which cooperation between firms is managed directly through contracts, without cross-equity holdings, or an independent firm being created.

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Definitions:

Tencent

A major Chinese technology and entertainment conglomerate known for its social messaging app WeChat and its vast portfolio of video games and online services.

Cellular Technologies

Technologies for mobile communication that enable the transmission of voice and data over a network of geographically divided cells from a mobile device to a cell site.

GasBuddy

GasBuddy is a mobile application that helps users find nearby gas stations with the cheapest prices and provides other services such as reviews and amenities.

Subscription Fees

Regular payments made to access or receive a product or service, commonly used by software providers, streaming platforms, and membership organizations.