Entering into Strategic Alliances and Collaborative Partnerships Can Be Competitively

Entering into strategic alliances and collaborative partnerships can be competitively valuable because

A) these represent two highly effective ways for firms to achieve low-cost leadership and capture first-mover advantages.
B) these two strategies are a powerful means for companies to build loyalty and goodwill among customers that possess diverse needs and expectations.
C) they are quite effective in helping a company transfer the risks of threatening external developments to other companies.
D) working closely with outsiders is essential in developing new technologies and new products in virtually every industry.
E) cooperative arrangements with other companies are very helpful in racing against rivals to build a strong global presence and/or racing to seize opportunities on the frontiers of advancing technology.