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Sagot :
There are different kinds of services rendered. This above scenario is an example of non-equity-based strategic alliance.
What is non-equity strategic alliance?
In a non-equity strategic alliance, firms often develop a form of agreement to distribute their resources without forming a separate entity or sharing equity.
Non-equity alliances are said to be a kind of loose and informal setting than a partnership that involves equity. This is said to be composed of a high majority of business alliances
Learn more about strategic alliance from
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