Loss of organizational flexibility is a disadvantage of participating in strategic alliances and joint ventures.

Question

Quizplus · Accepted Answer

When organizations participate in strategic alliances or joint ventures, they may have to compromise some of their decision-making abilities and strategies to abide by the collaborative agreement. This can result in a loss of flexibility and agility in responding to future changes and opportunities.

Loss of Organizational Flexibility Is a Disadvantage of Participating in Strategic