Strategic Partnerships

Partnerships may bring added value to strategic supply relationships, and have been described using seven factors. Identify those factors and describe each while providing an explanation of how each provides value within the cooperative relationship. Document your sources

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The success of any partnership within an organization depends a lot on how effective capabilities of the involved organization are matched as well as a full commitment to every partner is achieved. There are seven factors that need to be considered within cooperative relationship. This includes: defining your goal (Brinkerhoff, 2002). Every strategy needs to be built around your goals. Therefore, every goal that…

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