strategic alliance
Definition
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.
strategic alliance is in the Decision Making, Problem Solving, & Strategy and Entrepreneurship, Management, & Leadership subjects.
strategic alliance appears in the definitions of the following terms: joint venture (JV), partnering, off balance sheet financing (OBSF), quasi partner and grand strategy
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