Ask Question
26 June, 22:49

a __ is a strategic alliance in which two or more firms create a legally independent company to share some of their resources and capabilities to develop a competitive advantage These are often formed to improve firms' abilities to compete in uncertain competitive environments. They form long-term relationships and transfer tacit knowledge (knowledge learned through experiences).

+4
Answers (1)
  1. 26 June, 23:05
    0
    Answer: Joint venture

    Explanation:

    A joint venture is a strategic partnership formed between two or more companies, where each company maintains it's individual identity, while information and resources are shared in order to create a product or complete a project. The ownership of the venture is shared by all member companies.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “a __ is a strategic alliance in which two or more firms create a legally independent company to share some of their resources and ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers