By focusing on what an entrepreneur does best and letting others do the rest, the _____ strategy helps the business grow more rapidly, keeps unit costs down, and turns out new products more quickly.
A) v ertical integration
B) a lliance
C) h orizontal integration
D) process improvement
E) circular integration

Question

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 other tasks or processes. This collaboration can lead to faster growth, lower costs, and quicker development of new products by leveraging the expertise and resources of each partner.

By Focusing on What an Entrepreneur Does Best and Letting