Cross-border alliances are used to gain rapid entry into a new or consolidating industry and to take advantage of synergies.

Name: Cross-border alliances are used to gain rapid entry into a new or consolidating industry and to take advantage of synergies.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Cross-border alliances allow companies to quickly enter a new industry or market by partnering with existing players. This strategy can also create synergies, such as access to new technologies, markets, or resources, that can benefit both partners.

Cross-Border Alliances Are Used to Gain Rapid Entry into a New