A Strategic Alliance Is a Partnership Formed to Create Competitive

question 28

True/False

A strategic alliance is a partnership formed to create competitive advantage on a worldwide basis.

---

Definitions:

Upper-Management Positions

Roles within an organization that involve high-level decision-making responsibilities and oversight of the company or its major departments.

Strategic Alliance

A partnership between two or more companies to pursue a set of agreed upon goals while remaining independent organizations.

International Business Environment

Refers to the external factors, including economic, cultural, political, and legal aspects, that influence a company's operations when conducting business across borders.

Licensing

The act of giving official permission to an individual or organization to do something, especially to use intellectual property or conduct certain types of business activities.