Which of the Following Is True of Strategic Alliances

Which of the following is true of strategic alliances?

A) Strategic alliances can make entry into a foreign market difficult.
B) Strategic alliances, while they have many benefits, do not allow firms to share the fixed costs of developing new products or processes.
C) Strategic alliances allow firms to bring together complementary skills and assets that neither company could easily develop on its own.
D) Strategic alliances, while beneficial to firms, make the establishment of technological standards for an industry difficult.