Connection lost
Server error
The life of the law has not been logic; it has been experience.
✨ Enjoy an ad-free experience with LSD+
Legal Definitions - strategic alliance
It is better to risk saving a guilty man than to condemn an innocent one.
✨ Enjoy an ad-free experience with LSD+
Definition of strategic alliance
A strategic alliance is when two or more businesses team up to gain advantages without losing their independence. They work together to achieve long-term financial, operational, or marketing benefits.
For example, a manufacturer and distributor might form a strategic alliance to develop and sell a new product. They share the costs of development and marketing, but they still operate as separate businesses.
Another example could be two airlines forming a strategic alliance to share routes and resources. This allows them to offer more destinations and better service to their customers.
Overall, a strategic alliance is a way for businesses to work together and achieve mutual benefits while still maintaining their own identities and independence.
A lawyer is a person who writes a 10,000-word document and calls it a 'brief'.
✨ Enjoy an ad-free experience with LSD+
Simple Definition
A strategic alliance is when two or more businesses work together to get benefits like more money, better operations, or more customers. They do this without losing their independence or competing against each other. For example, a company that makes a product might team up with another company that sells it to share the costs of making it. This is different from a partnership or joint venture.
The life of the law has not been logic; it has been experience.
✨ Enjoy an ad-free experience with LSD+