The Main Advantage of a Strategic Alliance Is That It

question 87

True/False

The main advantage of a strategic alliance is that it allows a firm to operate beyond its capabilities.

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Definitions:

External Stakeholders

Individuals or entities outside an organisation that are affected by or have an interest in its operations, such as customers, suppliers, and the community.

Corporate Social Responsibility

A business model that requires companies to operate in a socially responsible way, balancing economic growth with the welfare of society and the environment.

External Stakeholders

Individuals or groups outside an organization who are interested in or affected by the organization's activities, such as customers, suppliers, investors, and the community.

Board Of Directors

A group of elected or appointed members who jointly oversee the activities of a company or organization, making major decisions and setting strategic goals.