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Title: Chapter 9

Description: Alliances

Total Flash Cards: 7

Created: 08/08/2007 21:51:16

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Cards

Term
strategic alliance
Definition
a relationshp between firms in which the partners agree to cooperate in ways that provide benefits to each firm
Term
cooperative strategy
Definition
an action plan to form cooperative relationships with other firms
Term
equity alliance
Definition
each partner owns a percentage of the equity in a venture that the firms have jointly formed
Term
joint venture
Definition
seperate business formed by an equity alliance
Term
nonequity alliance
Definition
a contractual relationship between two or more firms in which each partner agrees to share some of its resources
Term
VERTICAL strategic alliance
Definition
an alliance that involves cooperative partnerships across the value chain...i.e. buyers and suppliers
Term
HORIZONTAL strategic alliance
Definition
an alliance that involves co-op partnerships in whic firms at the same stage of the value chain



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