Asked by Chris Davis on Apr 24, 2024
What is the difference between a strategic alliance and a joint venture?
Strategic Alliance
A partnership between two or more companies to pursue a set of agreed upon objectives while remaining independent organizations.
Joint Venture
A business arrangement where two or more parties agree to pool their resources for the purpose of accomplishing a specific task or project.
- Distinguish between a strategic alliance and joint venture.
Learning Objectives
- Distinguish between a strategic alliance and joint venture.
Related questions
In a ________ Two or More Organizations Form an Alliance ...
The Major Difference Between a Joint Venture and a Joint ...
What Type of Business Organization Is Best Suited for the ...
The President of Kool Science Wants to Draw Up a ...
A Strategic Alliance That Involves the Development of Preferred Supplier ...