According to the textbook, the 1980s and 1990s saw:
A)a rapid decline in the number of strategic alliances.
B)an explosion in the number of strategic alliances.
C)a decline in the number of strategic alliances for international firms and an increase in the number of strategic alliances for firms.
D)an increase in the number of strategic alliances for transnational firms and a decline in the number of strategic alliances for global firms.
E)ant-combines legislation that reduced the growth of strategic alliances

Question

Quizplus · Accepted Answer

The 1980s and 1990s saw an explosion in the number of strategic alliances. This period is often referred to as the "era of strategic alliances." Companies increasingly sought to collaborate with each other in order to access new markets, share resources, and spread risk. This trend was particularly pronounced in industries such as high technology and pharmaceuticals.

According to the Textbook, the 1980s and 1990s Saw