A major DISADVANTAGE of strategic alliances, joint ventures, and cooperative agreements between domestic and foreign firms is
A) to compete on a more global scale while still preserving their independence.
B) to gain better access to scale economies in production and/or marketing.
C) to fill competitively important gaps in their technical expertise and/or knowledge of local markets.
D) to share distribution facilities and dealer networks, thus mutually strengthening their access to buyers.
E) to create permanent arrangements between the domestic and foreign firms.
Correct Answer:
Verified
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