Difference between revisions of "Strategic alliance"
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| − | + | [[Strategic alliance]] is an [[agreement]] that stops short of a merger; also called a [[corporate alliance]]. | |
==Definitions== | ==Definitions== | ||
According to [[Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition)]], | According to [[Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition)]], | ||
| − | : | + | :[[Corporate alliance]]. A cooperative deal that stops short of a merger; also called a strategic alliance. |
| + | According to [[Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition)]], | ||
| + | :[[Corporate alliance]]s (''strategic alliances''). Cooperative deals that stop short of a merger. | ||
| + | According to [[Management by Robbins and Coulter (14th edition)]], | ||
| + | :[[Strategic alliance]]. A partnership between an organization and foreign company partner(s) in which both share resources and knowledge in developing new products or building production facilities. | ||
| + | According to the [[HRBoK Guide]], | ||
| + | :[[Strategic alliance]]. An agreement to cooperate between two organizations. An arrangement between two organizations to pursue common goals and share resources. Unlike a joint venture, the organizations do not form a new legal entity. | ||
==Related concepts== | ==Related concepts== | ||
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*[[Introduction to Financial Management]]. | *[[Introduction to Financial Management]]. | ||
| − | [[Category: Financial Management]][[Category: Articles]] | + | [[Category:Management]][[Category: Financial Management]][[Category: Articles]] |
Latest revision as of 04:36, 8 December 2020
Strategic alliance is an agreement that stops short of a merger; also called a corporate alliance.
Definitions
According to Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition),
- Corporate alliance. A cooperative deal that stops short of a merger; also called a strategic alliance.
According to Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition),
- Corporate alliances (strategic alliances). Cooperative deals that stop short of a merger.
According to Management by Robbins and Coulter (14th edition),
- Strategic alliance. A partnership between an organization and foreign company partner(s) in which both share resources and knowledge in developing new products or building production facilities.
According to the HRBoK Guide,
- Strategic alliance. An agreement to cooperate between two organizations. An arrangement between two organizations to pursue common goals and share resources. Unlike a joint venture, the organizations do not form a new legal entity.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.
