Why is an organization entered in strategic alliances

Why is an organization entered in strategic alliances?

E

Expert

Verified

The most common reasons why organization enter into strategic alliances are to collaborate on technology or the growth of hopeful new products, to overcome shortfalls in their manufacturing and technical expertise, to acquire altogether new competencies, to enhance supply chain efficiency, to increase economies of scale in marketing and/or production, and to acquire or enhance market access through combined marketing agreements.

   Related Questions in Other Management

©TutorsGlobe All rights reserved 2022-2023.