Gerden Price Co.and New Ware Systems formed an alliance to develop a new line of technologically advanced cooking stoves.What outcomes can they expect from this alliance?

Question

Quizplus · Accepted Answer

The alliance between Gerden Price Co. and New Ware Systems will likely result in the development of a new line of cooking stoves that is faster than if they were to develop the stoves separately. By pooling their resources and expertise, they can bring the product to market quicker. There is no mention of increased security of proprietary knowledge, lesser opportunities to pursue other projects, or fewer resources to cope with contingencies.