A key to making a strategic alliance work is
A) having one partner handle daily operations.
B) reducing investment in the alliance to a minimum.
C) sharing all knowledge.
D) enforcing one culture for both partners.
E) selecting the right partner.

Question

Quizplus · Accepted Answer

Selecting the right partner is crucial to making a strategic alliance work. The partner should have compatible goals, values, and cultures, and be willing to share resources and knowledge. Without a good partner, the alliance is unlikely to succeed, regardless of the other factors mentioned.

A Key to Making a Strategic Alliance Work Is