Which of the following was identified in the textbook as an advantage of participating in strategic alliances and joint ventures?
A) risk and cost sharing
B) loss of organizational flexibility
C) partners' cultures may clash
D) risk becoming dependent on a partner
E) loss of proprietary information

Question

Quizplus · Accepted Answer

Participating in strategic alliances and joint ventures allows for risk and cost sharing, which can lead to reduced financial burden and increased potential for success. However, there are also potential drawbacks such as loss of organizational flexibility and the risk of becoming dependent on a partner.

Which of the Following Was Identified in the Textbook as an Advantage