The kind of strategic alliance in which there is a partnership of similar companies in similar industries who pool their resources to gain a benefit that is too expensive to develop alone is the
A) joint venture.
B) licensing agreement.
C) value-chain partnership.
D) mutual service consortia.
E) holding company.

Question

Quizplus · Accepted Answer

Mutual service consortia involve partnerships of similar companies in similar industries where they pool resources to gain a benefit that would be too expensive or difficult to develop independently. This type of strategic alliance allows these companies to leverage shared resources for mutual advantage.

The Kind of Strategic Alliance in Which There Is a Partnership