Answer to Question #276053 in Economics for nicole

Question

Directions: Provide your top 3 strategic alliances which you can possibly adopt for your future business.

Answer 1

Strategic alliances are agreements between two or more independent companies to cooperate in the manufacturing, development, or sale of products and services, or other business objectives.

There are three types of strategic alliances: Joint Venture, Equity Strategic Alliance, and Non-equity Strategic Alliance.