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A __________ represents a long-term partnership between two or more companies established to help each firm build competitive market advantages, without sharing the cost of risk.1) multinational cooperative 2) shared venture 3) global franchise 4) strategic alliance

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Answer:

The correct answer is: 4) Strategic alliance.

Step-by-step explanation:

The strategic alliance occurs when two more companies establish a formal relationship with the objective of achieving competitive and economic advantages, but which still remains as independent companies.

The concept arose from the transformation of the current economic scenario, where globalization and new technologies requires improvement of innovation and organizational processes for success and survival in the market.

In a strategic capacity, intangible and tangible resources are shared, such as executive knowledge, distribution channels, financing, productive capacity and others

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