Miami-Dade Florida Contract for Strategic Alliance

Category:

Corporations - Contracts

State:

Multi-State

County:

Miami-Dade

Control #:

US-03259BG

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Instant download

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A strategic alliance agreement can involve an agreement between two or more individuals or entities stating that the involved parties will act in a certain way in order to achieve a common goal. Strategic alliances usually make sense when the parties involved have complementary strengths. Unlike in a joint venture, firms in a strategic alliance do not have to form a new entity to further their aims but collaborate while remaining apart and distinct.

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An alliance agreement, sometimes called a joint venture agreement or a strategic alliance agreement, between two independent entities that agree to work together, without forming a jointly owned entity, to compete for and work on a project or series of projects.

What Is a Strategic Alliance? A strategic alliance is an arrangement between two companies to undertake a mutually beneficial project while each retains its independence. The agreement is less complex and less binding than a joint venture, in which two businesses pool resources to create a separate business entity.

Strategic alliances are when two or more businesses enter into an agreement to work together toward a common goal, while still remaining independent. This type of partnership enables you to pool resources, leverage your combined expertise, and go further as a team than either of you could go alone.

In a contractual alliance, companies do not take cross-shareholdings or form a new joint company; instead they enter into a contractual agreement. Contractual alliances are easy to create and change; therefore, they fit in a business environment that requires companies to adapt to ever changing requirements.

With a joint venture, two or more companies create a single legal entity in which each owns a share. By contrast, with a strategic alliance, each company works together but no new legal entity is created.

A contractual strategic alliance is created when two or more companies sign a contract to pool their resources and seek mutual benefits together. This arrangement is less involved and less binding than equity purchases and JVs.

Read through the following strategic alliance examples and gain ideas on how to start forming your own valuable partnerships. 10 top strategic alliance examples.Uber and Spotify.Starbucks and Target.Starbucks and Barnes & Noble.Disney and Chevrolet.Red Bull and GoPro.Target and Lilly Pulitzer.T-Mobile and Taco Bell.

A prominent strategic alliance example is the partnership between Spotify and Uber. The strategic alliance between the two organizations allows Uber users to connect to Spotify and stream their favorite music while on a ride.

Three Different Types of Strategic Alliances Joint Venture. A joint venture is a child company of two parent companies.Equity Strategic Alliance.Non ? Equity Strategic Alliance.

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According to an internal memo cited by the New York Times on February 10, 2010, a U.S. Treasury Department official wrote in a memo: “We believe that the contract is likely to be a source of significant concern to both the United States and the Iranian government.” According to another memo cited in the same document: “Under the Obama administration's current approach, an Israeli strike on Iran may not occur until 2014, and we do not want that to be viewed in Israeli eyes as an acknowledgment by the government of the United States that it can't prevent Iran from obtaining nuclear weapons.” According to a December 2012 memo from U.

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Miami-Dade Florida Contract for Strategic Alliance

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