A major advantage of global and cross-border alliances is that they share the cost and risk of research and development of new products.

Name: A major advantage of global and cross-border alliances is that they share the cost and risk of research and development of new products.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Global and cross-border alliances allow companies to pool their resources and share the costs and risks of research and development, leading to greater efficiency and cost-effectiveness in developing new products.

A Major Advantage of Global and Cross-Border Alliances Is That