Which of the following statements about strategic partnerships is true?
A) Strategic partnerships are not found anywhere outside the United States.
B) Members of strategic partnerships have a high level of dependence on and trust in each other.
C) Strategic partnerships typically have a shorter time horizon than functional relationships.
D) Strategic partnerships have lower levels of risk than functional relationships.
E) The strategic partnership can best be described as competitive.

Question

Quizplus · Accepted Answer

Strategic partnerships involve a high level of dependence and trust between members, as they work closely to achieve mutual goals.

Which of the Following Statements About Strategic Partnerships Is True