Which of the following is true about alliances?
A) Many alliance partners are also competitors.
B) Alliances are often difficult to manage.
C) The use of alliances is likely to decline as markets internationalize.
D) All of the above.
E) Two of A, B, and C.

Question

Quizplus · Accepted Answer

A and B are correct. Many alliance partners are indeed competitors, a situation often referred to as "coopetition," and alliances can be challenging to manage due to differences in culture, objectives, and management styles. However, C is incorrect because the use of alliances is actually likely to increase as markets internationalize, not decline. Alliances can provide a strategic way to enter new markets, share risks, and combine resources.

Which of the Following Is True About Alliances