strategic alliance

strategic alliance. A coalition formed by two or more persons in the same or complementary businesses to gain long-term financial, operational, or marketing advantages without jeopardizing competitive independence (through their strategic alliance, the manufacturer and distributor of a co-developed product shared development costs). Cf. ALLIANCE(1); JOINT VENTURE; PARTNERSHIP.

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词条贡献者

双语律师Andrew，欧洲名校国际税法专业，擅长翻译各类与国际税法相关的法律文件。