A company that fails in managing their strategic alliance probably has not:

Question

Quizplus · Accepted Answer

Managing a strategic alliance is a challenging task and requires an integrative approach. Contractual safeguards provide a degree of certainty, and opportunities for learning, a routine management process, and a system to manage alliances in a systematic fashion provide a framework for managing the alliance effectively. Establishing strong interpersonal relationships and establishing trust between partners is also essential, as it sets the foundation for mutual understanding, communication, and cooperation. Therefore, all of these factors are essential, and if any aspect is neglected, the chances of the strategic alliance failing increase.

A Company That Fails in Managing Their Strategic Alliance Probably