Define the concept of partnerships and alliances. Identify when a firm should pursue a partnership or alliance

Question:

Define the concept of partnerships and alliances. Identify when a firm should pursue a partnership or alliance with selected suppliers

Partnership
A legal form of business operation between two or more individuals who share management and profits. A Written agreement between two or more individuals who join as partners to form and carry on a for-profit business. Among other things, it states...

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