Question

When cisco systems inc. of san jose, california, and tata consultancy services of mumbai, india, entered into their __________, they both continued to develop market-ready infrastructure and network solutions for customers, but they relied on each other to provide the training and skills that one or the other might have lacked?

Answer 1

Strategic aliance is collaborative relationship between independent firms. Though this relationship the partnering firms do not invest in one another, which means do not create an equity partnership
Example is when Cisco systems inc. of San Jose, California, and Tata consultancy services of Mumbai, India, entered into their strategic aliance. They both continued to develop market-ready infrastructure and network solutions for customers, but they relied on each other to provide the training and skills that one or the other might have lacked.