Business alliance

A business alliance is an agreement between businesses, most of the time to help lower cost and improve service for the customer. Alliances are often connected by an agreement with shared risk and opportunity for all business involved. They are usually managed by a project team. An example of this is code sharing in airline alliances.

There are five basic types of alliances:

 Sales alliance
 Solution-specific alliance
 Geographic-specific alliance
 Investment alliance
 Joint venture alliance

References

Related pages
 Business group
 Strategic alliance
 Competition regulator

Category:Business