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program5 program5
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6 years ago
How does a joint venture differ from a strategic alliance?
A) A joint venture is when two or more organisations set up a new enterprise, whereas a strategic alliance is a temporary collaboration to achieve a shared goal.
B) A joint venture is where two organisations act as venture capitalists to fund the development of a third organisation, whereas an alliance involves contributing expertise rather than money.
C) The two terms are interchangeable and both describe collaboration between two or more organisations.
D) A joint venture is where two companies own equal shares in a third, whereas a strategic alliance is where one of them is a junior partner, owning less than an equal share.
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Exploring Corporate Strategy

Exploring Corporate Strategy


Edition: 8th
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JUL7ENJUL7EN
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6 years ago
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program5 Author
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Smart ... Thanks!
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Just got PERFECT on my quiz
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