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hello everyone in our todays session we are going to discuss about strategic alliance strategic alliance can be explained as it is a group or an association which is formed by two or more companies in order to share their resources to achieve their goals and objectives so it can be defined as strategic alliances our cooperative agreements between two or more companies to work together and share resources to achieve a common business objective each company maintains its autonomy while gaining a new opportunity a global strategic alliance is an agreement among two or more independent firm to cooperate for the purpose of achieving common goal such as competitive advantage or customer value creation while remaining independent why strategic alliance I would like to justify this with a great saying of Bill Gates our success has really been based on partnerships from the very beginning but near of strategic alliance is nothing for sharing resources like products distribution channels manuf