Strategic alliances CANNOT: a.) Overcome absent key success factors in markets b.) Result in successful partnerships c.) Result in mutual profits d.) Help overcome trade barriers

Definition Definition Arrangement between two or more people whereby they agree to manage business operations and share its profits and losses in an agreed ratio. The agreement drafted and signed by the partners of the firm is termed as a partnership deed and contains various important clauses agreed between the partners such as profit/loss sharing, interest on capital, remuneration allocation of each partner, and drawings of a partner.