Question

________ are cooperative arrangements between two firms in which they agree to share resources to accomplish mutually desirable goals for a predetermined period of time, say, 5 years.

A) Strategic alliances


B) Licensing arrangements


C) joint venture


D) Wholly-owned subsidiaries

Answer 1

(a) ) Strategic alliances

Step-by-step explanation:

Strategic alliances :

Strategic alliance is the process which could help an organization to build up an increasingly successful procedure. It permits two organization, people or different elements to progress in the direction of normal or relating objectives.

It is conceivable when at least two organizations cooperate to make a success win circumstance.

For example : At the point when two organizations choose to join their circulation offices so they can share common assets and cut the expenses related with delivery.