Because strategic alliances foster the learning of new skills and core competencies, there are no significant drawbacks to this growth strategy.

Question

Quizplus · Accepted Answer

While strategic alliances can bring many benefits, such as access to new markets and technologies, there are potential drawbacks such as loss of control and competition with one's own partner. Additionally, not all alliances may be successful, leading to wasted resources and damage to a company's reputation.

Because Strategic Alliances Foster the Learning of New Skills and Core