Successful strategic alliances are characterized by all of the following except:
A)Careful planning and execution
B)Selection of partners with complementary resources
C)Effective use of coordinating mechanisms
D)Potential for financial economies
E)Selection of an appropriate governance method

Question

Quizplus · Accepted Answer

Strategic alliances are primarily formed to leverage complementary strengths, access new markets, share risks, and enhance competitive positioning rather than just achieving financial economies. Financial benefits may result, but they are not a defining characteristic.

Successful Strategic Alliances Are Characterized by All of the Following