What Type of Strategic Alliance Involves Two or More Firms

question 29

Multiple Choice

What type of strategic alliance involves two or more firms creating and together owning a new independent organization?

• A)Partnership
• B)Tapered integration
• C)Close-knit semi-formal relationship
• D)Mutual agreement
• E)Joint venture

---

Definitions:

Head Start Program

A program in the United States that provides comprehensive early childhood education, health, nutrition, and parent involvement services to low-income children and their families.

Advocate Role

The position of actively supporting, defending, or arguing on behalf of oneself or others.

Worst Scenario

The most adverse or negative outcome that can be envisioned in a given situation, often used in planning or risk assessment.

Adversary

A person, group, or force that opposes or attacks; opponent; enemy.