Which of the Following Is a Characteristic of a Strategic

question 63

Multiple Choice

Which of the following is a characteristic of a strategic partnership?

• A) It allows multiple parties to share the risks and expenses.
• B) It can accommodate only a small number of participants.
• C) It provides access to new markets and technologies.
• D) It prevents rival firms from collaborating.

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Definitions:

Shed

A simple roofed structure used for storage, hobbies, or as a workshop.

Liability

The state of being legally responsible for something, especially in terms of debts or legal wrongs.

Disclaimer of Liability

A statement intended to specify or delimit the scope of rights and obligations that may be exercised and enforced by parties in a legally recognized relationship.

Damage to Car

Physical harm or impairment to a vehicle, affecting its value or functionality.