During the 21st century,the complexity of the challenges posed by disruptive,digital technologies and accelerating rates of change have encouraged companies to:
A)Shift their strategic focus towards the growth markets of Asia,Africa,and Latin America.
B)Rejecting shareholder value maximization in favor of maximizing stakeholder interests
C)Depend increasingly upon strategic alliances and other forms of collaboration
D)Prefer mergers and acquisitions to organic growth.

Question

Quizplus · Accepted Answer

The complexity of challenges posed by disruptive, digital technologies and accelerating rates of change have encouraged companies to depend increasingly upon strategic alliances and other forms of collaboration. This allows companies to pool their resources and knowledge base in order to jointly develop new technologies and products. Collaboration also allows companies to reduce costs, pool risk, and access new markets more easily. As a result, many firms are increasingly relying on strategic alliances as a key strategy for growth and innovation.

During the 21st Century,the Complexity of the Challenges Posed by Disruptive,digital