There are three major advantages that strategic alliances enjoy.These are (1)may facilitate trade into a foreign market,(2)allows firms to share the fixed costs and developing new products or processes,and (3):
A) an alliance is a way to bring together the complementary skills and assets of the participants
B) gives competitors a low cost route to new technology
C) a firm never gives away more than it gains by participating in a strategic alliance
D) give competitors a low cost route to new markets
E) protects the proprietary technology of the partners

Question

Quizplus · Accepted Answer

Strategic alliances bring together the complementary skills and assets of the participants, which leads to mutually beneficial outcomes. By pooling resources and expertise, both parties can achieve their objectives more efficiently and effectively than they would have done otherwise.

There Are Three Major Advantages That Strategic Alliances Enjoy