Final answer:
In week 8, a strategic partnership with Charles Wong involves collaborating with another entity to achieve mutual goals.
Step-by-step explanation:
In week 8, a strategic partnership with Charles Wong could involve a collaboration between two businesses to achieve mutually beneficial goals. A strategic partnership is a formal agreement where two or more entities work together to combine their resources, expertise, and market presence to achieve strategic objectives.
For example, Charles Wong, an established software development company, could form a strategic partnership with a start-up company that has an innovative technology product. By pooling their resources and sharing knowledge, they can develop and market the product more efficiently, accelerate growth, and gain a competitive advantage in the market.
This strategic partnership could involve a variety of activities such as joint product development, shared marketing campaigns, co-branded offerings, or even joint ventures.