In a highly competitive environment, alliances are a slow and risky route to globalization, and therefore, are likely to be avoided.

Question

Quizplus · Accepted Answer

In a highly competitive environment, alliances can be an effective and efficient way to enter new markets and gain competitive advantage. While there are risks involved, many companies see the benefits as outweighing the potential downsides. Therefore, alliances are not likely to be avoided simply because of their perceived slowness and riskiness.

In a Highly Competitive Environment, Alliances Are a Slow and Risky