strategic partnership
noun [C or U] MANAGEMENTDefinition
› an arrangement between two companies or organizations to help each other or work together, to make it easier for each of them to achieve the things they want to achieve: A way of breaking into the market would be to form a strategic partnership with a large player that is already successful in the sector.
(Definition of strategic partnership noun from the Cambridge Business English Dictionary
© Cambridge University Press)
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