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Which of the following statement/s regarding a strategic alliance is correct? a. A big firm acquires a smaller firm for strategic reasons. b. An informal

Which of the following statement/s regarding a strategic alliance is correct?

a.

A big firm acquires a smaller firm for strategic reasons.

b.

An informal agreement between two firms to sell each other's products.

c.

A formal agreement where two firms continue to operate as separate entities.

d.

Two firms pool money to establish a new firm.

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