Strategic Alliances

Strategic alliances:

A) are the cheapest means of developing new technologies and getting new products to market quickly.
B) are collaborative formal arrangements where two or more companies join forces and agree to work cooperatively toward some strategically relevant objective.
C) are a proven means of reducing the costs of performing value chain activities.
D) are best used to insulate a company from the impact of the five competitive forces.
E) help insulate a firm from the adverse impacts of industry driving forces.