Your technology company has decided to form a strategic alliance with a major technology company based in South Korea.Which of the following statements is TRUE about the characteristics,benefits and business aspects of a strategic alliance?
A) Each company will give up some of its autonomy while gaining new opportunities from the alliance.
B) The alliance will require both companies to change their organizational structures.
C) The alliance will guarantee that each company will expand into new markets.
D) The alliance may help each company to develop an advantage over its competition.
E) The alliance will involve your company and the South Korean company pooling resources to form a separate business entity.
Correct Answer:
Verified
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