Which of the following is a characteristic of a strategic partnership?
A) It allows multiple parties to share the risks and expenses.
B) It is limited to five or fewer participants.
C) It provides access to new sources of financing.
D) It prevents rival firms from collaborating.
Question 2
The management is thinking of joining hands with its one time rival, CG-VAK Software, in order to gain access to new markets and technologies. By doing this, the organization is nurturing a ________.
A) joint stock company
B) task force
C) community of practice
D) strategic partnership
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