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In the "Business School 101" tutorial, the speaker discusses strategic alliances, which are voluntary arrangements between firms for sharing knowledge, resources, and capabilities to develop processes, products, or services. The prevalence of these alliances has increased significantly in recent decades as companies seek to enhance strengths or mitigate weaknesses. The tutorial covers the definition of strategic alliances, their purpose, the major types, and notable real-world examples. By exploring these questions, the tutorial aims to provide a comprehensive understanding of the role and importance of strategic alliances in contemporary business practices.