USA HISTORY

THE ROAD TO REVOLUTION 1700 1774

THE FRENCH AND INDIAN WAR CAUSES EFFECTS SUMMARY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What is an alliance?
A
A disagreement
B
A partnership
C
A treaty
D
A farming machine
Explanation: 

Detailed explanation-1: -An alliance is a collaboration between two companies in which each individual company is expected to profit or benefit from the agreement. A partnership is a more formal type of agreement in which partners merge to create a single, shared economic interest.

Detailed explanation-2: -Two common forms of collaboration are alliances and partnerships. An alliance is a collaboration between individual companies for mutual profit, while a partnership is a merging of individual interests for mutual profit.

Detailed explanation-3: -In business, an alliance occurs between two companies that work together on mutually beneficial projects. These agreements are also called strategic alliances, and they usually involve cooperation in the development, creation, marketing, and sale of products or services or other objectives.

Detailed explanation-4: -Strategic alliances, also known as strategic partnerships, are long-term, multi-department commitments with clearly defined goals for both companies.

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