Search results
Results from the WOW.Com Content Network
A strategic alliance is an agreement between two or more players to share resources or knowledge, to be beneficial to all parties involved. It is a way to supplement internal assets, capabilities and activities, with access to needed resources or processes from outside players such as suppliers, customers, competitors, companies in different industries, brand owners, universities, institutes ...
Strategic alliance is a type of cooperative agreements between different firms, such as shared research, formal joint ventures, or minority equity participation. [33] The modern form of strategic alliances is becoming increasingly popular and has three distinguishing characteristics: [34] They are frequently between firms in industrialized nations.
It includes thorough research about the potential partners through channels like internet, database and media search, establishing each partner's duties and responsibilities, management control, agreeing on splits of returns, exit strategies, contingency plans, etc. [3] International law firms working with businesses who are considering a joint ...
Bleecker Street, the indie studio behind “The Assistant” and “Mass,” and online film packaging, financing and distribution marketplace Slated have entered a strategic partnership.
Companies develop strategic alliances for different reasons: [13] Firms create strategic alliances because it has a lack of resources or knowledge to achieve their objectives. Cooperative behavior gives a company values that can not be achieved independently. Reach stakeholders interests to reduce uncertainty inside the company.
A strategic partnership will usually fall short of a legal partnership entity, agency, or corporate affiliate relationship. Strategic partnerships can take on various forms from shake hand agreements, contractual cooperation's all the way to equity alliances, either the formation of a joint venture or cross-holdings in each other.
Several descriptions of business networks stipulate different types of characteristics: A business network is a form of inter-firm cooperation that allows companies, located in different regions or countries, to collaborate on a basis of common development objectives expressed in a cooperation agreement.
On the other hand, some businesses can only achieve increased sales, brand awareness and business stability if they enter a new market. Developing a market-entry strategy involves thorough analysis of potential competitors and possible customers.