Which of the following is true about advantages for the entrepreneur when he or she forms an alliance or partnership with an established firm?
A) The entrepreneur can take advantage of the established facilities.
B) The entrepreneur can imitate the firm's existing production functions.
C) The entrepreneur can take advantage of the firm's brand name.
D) All of the above are advantages.
E) None of the above are advantages.

Question

Quizplus · Accepted Answer

Forming an alliance or partnership with an established firm allows the entrepreneur to leverage the firm's existing resources, such as facilities and brand name, and potentially adopt their production functions, offering significant advantages.

Which of the Following Is True About Advantages for the Entrepreneur