Asked by Brooke Candia on Jul 21, 2024
Verified
Compsolute, an IT company, enters into a partnership with Double Edge Finances. The terms of the agreement state that Compsolute would purchase the service of Double Edge Finance's finance team for a period of five years. This is an appropriate example of a(n) ___ alliance.
A) supplier
B) distribution
C) outsourcing
D) co-opetition
E) equity strategic
Outsourcing Alliance
Refers to a strategic partnership where a company contracts out certain tasks or services to external organizations, focusing on mutual benefits and collaboration.
- Understand the fundamental importance and value of forming strategic partnerships and entering into outsourcing contracts.
Verified Answer
DP
Daniela PentecostesJul 24, 2024
Final Answer :
C
Explanation :
The partnership between Compsolute and Double Edge Finances where Compsolute purchases the service of finance team from Double Edge is an example of outsourcing alliance, where a company contracts out a particular function or service to another company.
Learning Objectives
- Understand the fundamental importance and value of forming strategic partnerships and entering into outsourcing contracts.