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Does strategic alliances help companies avoid financial losses when the economy is struggling?
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STRATEGIC ALLIANCES
Forming a strategic alliance that is even allows the sharing of profits, skills, know-how and the
resources between the business partners. It also creates global foreign markets with wellestablished distribution and marketing systems. Upon these two factor created, when the
economy is struggling then it means that the rate of consumption of goods and services in the
country is not doing well and therefore globa...
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