What Is a Strategic Alliance

Question 61
Multiple Choice

What is a strategic alliance? A) It is a long-term partnership between two organizations designed to accomplish the strategic goals of both parties. B) It is a collaboration of two different departments within an organization in order to implement the organization's strategic plan. C) It is a team, consisting of members from different functional areas of the organization, that work together to create a strategic plan D) It is an alliance with experts outside the organization who are called in to help the company generate new product ideas.