If a firm pursues a strategic alliance in order to reduce industry overcapacity, that firm most likely operates in what type of market?
A) Slow-cycle
B) Moderate-cycle
C) Standard-cycle
D) Fast-cycle

Question

Quizplus · Accepted Answer

In a standard-cycle market, firms often pursue strategic alliances to manage overcapacity and stabilize the market, as these markets have moderate levels of competition and change.

If a Firm Pursues a Strategic Alliance in Order to Reduce