Asked by Rachel Oftedahl on Jun 18, 2024
Verified
__________ occur(s) when two or more organisations join together in partnership to pursue an area of mutual interest.
A) Horizontal integration
B) Vertical integration
C) Organisational collusion
D) Strategic contracts
E) Strategic alliances
Strategic Alliances
Formal agreements between two or more parties to pursue a set of agreed-upon objectives while remaining independent organizations.
Organisational Collusion
A situation where individuals within an organization conspire to act in a way that is against the rules or best interests of the organization.
Horizontal Integration
A strategy where a company acquires or merges with its competitors to increase its market share or product offerings.
- Comprehend the role of strategic alliances in pursuing mutual interests among organizations.
Verified Answer
Learning Objectives
- Comprehend the role of strategic alliances in pursuing mutual interests among organizations.
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