With reference to the academic literature, explain the risks specifically associated with the choice of strategic alliance as an approach to this particular partnership. Why is this NOT a merger? Justify your view.
Additional Requirement
This kinds of question based on the Corporate Strategy and define about the choice of strategic alliance as an approach to partnership. There is generally a difference between partnership and strategic alliance. Strategic alliance can be a simpler means of achieving mutual goals while partnership is a lengthy legal process which makes two or more firms to bind together. While an alliance can be broken in the future, it can create legal and other hustles while breaking a partnership. The solution discusses these and other points in much detail.
Word limit 920