Keyword Analysis & Research: alliance definition simple


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What is meant by Alliance?

Alliance is defined as a written agreement between two or more parties in order to forge a bond, and/or work together to serve both sides interests. An example of an alliance is a treaty signed by countries once a war is over, and serves as an agreement to work together in the future.

What is the meaning of the word alliance?

English Language Learners Definition of alliance. : a union between people, groups, countries, etc. : a relationship in which people agree to work together. : the state of being joined in some activity or effort : the state of being allied.

What is the purpose of an alliance?

Coming together of two or more firms to create a unique organizational entity (such as a joint venture), in which each firm retains its individual identity and internal control. The purpose of an alliance is to (1) achieve joint strategic goals, (2) reduce risk while increasing rewards and/or, (3) leverage resources.

What is the definition of alliances?

The definition of an alliance is a relationship forged between two or more individuals or groups that works as a positive for both parties involved.

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