The Advantage of Alliances Is That They

question 47

Multiple Choice

The advantage of alliances is that they

• A)allow firms to economize on resources.
• B)allow firms access to specialized resources or capabilities.
• C)a and b.
• D)keep all strategic options open.

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Definitions:

Enterprise Resource Planning

A type of software that organizations use to manage day-to-day business activities such as accounting, procurement, project management, and supply chain operations.

Ongoing Process

Describes a continuous operation or activity that is part of the regular functioning of a system or organization.

Best Processes

The most efficient and effective methods for accomplishing tasks and achieving objectives within an organization.

Wheeled Coach

A manufacturer of ambulances based on a high-volume, low-margin strategy focusing on standard models and inventory control.