When two service businesses, H&R Block and Hyatt Legal Services, combined their efforts, they also joined marketing forces to create a strong alliance. This would classify as which type of strategic alliance? Explain your answer

What will be an ideal response?

This alliance is called a product or service alliance where one company licenses another to produce its product, or two companies jointly market their complementary products or a new product.

Business

You might also like to view...

In most international firms' foreign operations, nonmanagerial employees are ________

A) home country nationals B) host country nationals C) third country nationals D) parent country nationals

Business

The ________ is the face value of a bond, and the amount that is returned to the bondholder at maturity

A) return price B) par value C) dead price D) market price E) none of the above

Business