The advantage of alliances is that they

Name: The advantage of alliances is that they
Brand: Quizplus
Rating: 4.9 (54 reviews)

Question

Quizplus · Accepted Answer

Alliances allow firms to access specialized resources or capabilities that they may not have on their own, which can lead to cost savings and improve overall performance. Therefore, both options A and B are correct. Additionally, alliances do not necessarily keep all strategic options open, as they may involve a commitment to a specific strategy or direction. Therefore, option D is not correct.

The Advantage of Alliances Is That They