Strategic Alliances.

May 31st, 2016
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Management of International Business. Work 5. Business. GEB4361.

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Strategic Alliances1JKInstructor Gordon JettManagement of International BusinessFebruary 14, 2016Strategic AlliancesStrategic Alliances2A strategic alliance is an understanding between two or more gatherings to seek after anarrangement of settled upon targets required while staying autonomous associations. Somebenefits of a strategic alliance are that it empowers business to increase upper hand throughaccess to an accomplice's assets. And it includes corresponding assets and capacities andempowering members to develop and grow all the more rapidly and effectively. There are manyfast growing companies that use strategic alliances to help them created a bigger and better brandreputation. But there can also be some downfalls of forming a strategic alliance. And it is almostalways long-term, which can be hard at times to handle. Sometimes there are factors that cancontribute to the failure of a strategic alliance between two companies.These factors that can contribute to the failure of a strategic alliance between twocompanies are that sometimes alliance have difficulty trusting one another. They arent alwaysso agreeable to sharing their personal ideas with

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