Final answer:
Strategic partners are collaborators in a strategic plan who share responsibility, risk, and contribute complementary skills in business management and decision-making.
Step-by-step explanation:
Strategic partners, also known as strategic allies, are not competitors, social media influencers, or rivals in the market. Instead, they are collaborators in a strategic plan. These partners share responsibility and risk with one or more parties in business ventures. They often possess complementary skills and are integral in the management and decision-making processes within a company. Strategic partners work together towards a common goal and support each other to achieve success, much like players in a chesStrategic partners, also known as strategic allies, are collaborators in a strategic plan.
They are not business competitors, rivals in the market, or social media influencers. Instead, strategic partners work together to share responsibility and risk, and they may have complementary skills to assist in managing the business. By making decisions together, strategic partners can maximize their potential for success.s game who must consider each other's strategies to advance their own positions.