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What are the advantages of forming a strategic alliance?
Required Return
The minimum return an investor expects to achieve by investing in a particular asset, taking into account its risk level.
Target Cost
The desired cost of a product as determined by its expected selling price minus desired profit, aimed to ensure competitiveness and profitability.
Preventive Maintenance
Maintenance activities carried out regularly on equipment to prevent unexpected failures.
Performance Capabilities
The ability of a company or product to function effectively, often measured against predetermined standards or competitor offerings.
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