Strategic Alliances Are

Multiple Choice

Strategic alliances are:

A) short-term agreements between two companies to jointly develop new products.
B) short-term agreements between two companies to jointly market new products that benefit all companies involved in creating the product.
C) short-term partnerships between two companies.
D) long-term commitments between two companies to share research and development activities.
E) long-term agreements between two or more companies to jointly develop new products or processes that benefit all companies that are a part of the agreement.