Which of the following usually means that the firms will partner to produce and sell a given product or service?
A) Turnkey project
B) Exporting
C) Merger
D) Strategic alliance

Question

Quizplus · Accepted Answer

A strategic alliance is a partnership between two or more firms to jointly produce and sell a given product or service. This allows for the sharing of resources and expertise, while reducing individual risks and costs. A turnkey project refers to a contractor or vendor providing a complete project to a client who only has to turn a key to start using the project. Exporting involves selling products or services to foreign customers, and a merger is a combination of two or more companies into a single entity.

Which of the Following Usually Means That the Firms Will