Strategic alliances are the major substitute for vertical integration.

Name: Strategic alliances are the major substitute for vertical integration.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Strategic alliances are partnerships between companies that work together to achieve common goals. They can allow companies to access necessary resources or capabilities without having to vertically integrate or merge with another company. Therefore, strategic alliances can serve as a substitute for vertical integration.

Strategic Alliances Are the Major Substitute for Vertical Integration