Why are strategic alliances formed?
A) to satisfy corporate officers
B) to avoid problems related to antitrust legislation
C) to create a competitive advantage
D) to present a united front to labour unions

Question

Quizplus · Accepted Answer

Strategic alliances are formed to create a competitive advantage by combining resources, knowledge, and capabilities of different companies to pursue mutual business goals and to innovate or compete more effectively in the market.

Why Are Strategic Alliances Formed