In this assignment you are to assume the role of a senior executive of a large and highly successful organization in Saudi Arabia. The executive committee has directed you to collaborate with a global organization located in Europe in order to form a strategic alliance in your industry to gain an advantage over your organization’s fiercest competitor in the global marketplace.Using the Saudi Vision 2030 as a backdrop for your analysis, you are to discuss the following:Describe the various challenges that you could face by forming the alliance with the global organization located in Europe.How might you apply prescriptive or descriptive decision-making methods to accomplish the alliance initiative. Fully justify your reasoning.Evaluate the various decision-making methods that you might use to better insure the alliance will be effective against the competition.Your well-written paper should meet the following requirements:Be 7 pages in length, which does not include the title page, abstract or required reference page, which are never a part of the content minimum requirements.Use APA style guidelines.Support your submission with course material concepts, principles and theories from the textbook and at least 4 scholarly, peer-reviewed journal articles.Be sure to support your statements with logic and argument, citing all sources referenced. course book: Bazerman, M. H., & Moore, D. A. (2012). Judgment in managerial decision making (8th ed.). Hoboken, NJ: John Wiley and Sons. ISBN-13: 9781118065709