strategic alliance

Popular Terms
Agreement for cooperation among two or more independent firms to work together toward common objectives. Unlike in a joint venture, firms in a strategic alliance do not form a new entity to further their aims but collaborate while remaining apart and distinct.

Use 'strategic alliance' in a Sentence

You may need to make a strategic alliance with another business if you think it can help out your long term goals.
20 people found this helpful
We formed a strategic alliance that we all thought would benefit both companies in the future and make us rich.
17 people found this helpful
The strategic alliance engaged in by the market players was of vital importance for us to understand in order to succeed.
14 people found this helpful

Email Print Embed