Question

Two companies, healthy nutrition inc. and the simple solutions software inc., have joined forces to produce a meal planning program for use at home. the two organizations have decided to work together on the project since they cannot develop the project only with individual resources. both organizations will own the resulting program. this effort is known as a:

Answer 1

This effort is known as a strategic alliance.
Both of these companies have a common goal, but cannot reach this goal without the help of the other company. This is why they devised a particular strategy that will enable both of them to achieve profit from their alliance, which is why their decision is a good thing.