By focusing on what the entrepreneur does best, and letting others do the rest, the _____ strategy helps the business grow more rapidly, keeps unit costs down, and turns out products more quickly.

Question

By focusing on what the entrepreneur does best, and letting others do the rest, the _____ strategy helps the business grow more rapidly, keeps unit costs down, and turns out products more quickly. ​

Quizplus · Accepted Answer

The alliance strategy allows an entrepreneur to focus on their strengths by partnering with other companies or individuals who can take on the tasks that are outside the entrepreneur's expertise or core business focus. This collaboration can lead to faster growth, reduced costs, and quicker product development compared to trying to do everything in-house.

By Focusing on What the Entrepreneur Does Best, and Letting