5. An alliance involves
share
who inay be sharing common skills with the objective of increased market
(A) low level competitor
(B) Direct competitors
(C) core competitor
(D) related company
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(d,), I think it's ans is related company
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An alliance involves related company who may be sharing common skills with the objective of increase market.
• Option “D” is correct i.e. Related company
• A alliance is actually an agreement among 2 or more players to share means or information, to be useful to all parties involved.
• There are mainly three kinds of alliances named Equity Strategic Alliance, Joint Venture, and Non-equity Strategic Alliance.
Hope it helped..
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