Cooperative relationships such as _______ have potential advantages such as entering new markets, reducing manufacturing (or other) costs in the value chain, and developing and diffusing new technologies.
A) joint ventures
B) mergers and acquisitions
C) strategic alliances
D) joint ventures and strategic alliances

Question

Quizplus · Accepted Answer

Joint ventures and strategic alliances are forms of cooperative relationships that allow companies to enter new markets, reduce costs, and develop new technologies by pooling resources and capabilities. Mergers and acquisitions, while also strategies for growth and expansion, typically involve one company taking over another, rather than cooperating as equals or near-equals.

Cooperative Relationships Such as _______ Have Potential Advantages Such as Entering