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There Are 4 Major Areas Where Partnership Agreements Can Be Made

This document discusses different types of partnerships that can be formed in four major areas: politics, knowledge, individual relationships, and business. It focuses on business partnerships and defines several forms of business-to-business relationships including strategic alliances, joint ventures, consortiums, corporations, conglomerates, mergers, takeovers, and limited liability companies. Strategic alliances allow companies to share resources for a specific project while maintaining autonomy, whereas joint ventures create a separate business entity. Consortiums are groups that pool resources to achieve a common goal.

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33 views2 pages

There Are 4 Major Areas Where Partnership Agreements Can Be Made

This document discusses different types of partnerships that can be formed in four major areas: politics, knowledge, individual relationships, and business. It focuses on business partnerships and defines several forms of business-to-business relationships including strategic alliances, joint ventures, consortiums, corporations, conglomerates, mergers, takeovers, and limited liability companies. Strategic alliances allow companies to share resources for a specific project while maintaining autonomy, whereas joint ventures create a separate business entity. Consortiums are groups that pool resources to achieve a common goal.

Uploaded by

Екатерина Аксючиц
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd
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Building relationships

A state involving mutual dealings between people or parties or countries –


relationship.
An arrangement where parties, known as partners, agree to cooperate to advance
their mutual interests – partnership.

There are 4 major areas where partnership agreements can be made –

 Politics: governments may partner to achieve their national interests, sometimes against allied
governments holding contrary interests,

 Knowledge: In education, accrediting agencies increasingly evaluate schools, or universities, by the level
and quality of their partnerships with local or international peers and a variety of other entities across
societal sectors.

 Individual: Some partnerships occur at personal levels, such as when two or more individuals agree to
domicile together, while other partnerships are not only personal, but private, known only to the
involved parties.

 Business: I will tell you more about business partnership agreements .

Some of the forms of business-to-business relations – partnership, strategic alliance,


joint venture, consortium, conglomerate, merger, takeover…

Through a strategic alliance, two companies will decide to share resources to


accomplish a specific, mutually beneficial project. This type of agreement is less
involved and less binding than a joint venture, where the two businesses pool
resources in the creation of a separate business entity. Each of the two
companies will maintain their autonomy in a strategic alliance while gaining a
new opportunity.
(a joint venture between the film companies to produce TV shows).

A consortium is a group made up of two or more individuals, companies, or


governments that work together and pool theit resources for achieving a
common goal .
A corporation is a business organization that has a separate legal personality from
its owners. Ownership in a stock corporation is represented by shares of stock.
The owners (stockholders) enjoy limited liability but have limited involvement in
the company's operations. The board of directors, an elected group from the
stockholders, controls the activities of the corporation.

A large corporation formed by the merge of separate companies – conglomerate.


And the last one form of business-to-business relations is
a Limited Liability Company
Business or company organized in such a manner that its owners and
shareholders are not personally liable for debts or other business liabilities (such
as damages from lawsuits)

The result of the collaboration of two or more corporations into a single


corporation – merger.
The purchase of one company (the target) by another (the acquirer, or bidder) –
takeover.

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