global-partnerships

Vocabulary Word

Definition
'Global-partnerships' are collaborations between businesses, organizations or groups from different nations. They're made to benefit everyone involved and usually work towards a common goal, like a tech firm in the USA partnering with one in India.
Examples in Different Contexts
In sustainable development, 'global partnerships' involve cooperation between governments, private sector, civil society, and international organizations to achieve sustainable goals. A sustainability advocate might explain, 'Global partnerships are essential for addressing climate change and ensuring sustainable development for all.'
Practice Scenarios
Business

Scenario:

Our company needs new strategic alliances for our expansion plans in Europe. Their market has potential.

Response:

Forming a strong global partnership with a European company could indeed be a game-changer for us.

Tech

Scenario:

This startup in Singapore has technology that could considerably enhance our product's performance. It's worth looking into.

Response:

I agree, forging a global partnership with that startup could lead to major product enhancements.

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