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What Are the Potential Benefits and Risks of Global Strategic

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Essay

What are the potential benefits and risks of global strategic alliances? What actions can a firm take to minimize the risks and maximize the benefits?


Definitions:

Purposeful Action

An intentional act with a clear goal or objective in mind.

Sustained Improvement

Continuous and consistent enhancement in performance, quality, or efficiency over time.

Leader Role

The responsibilities and behaviors expected from an individual who guides or directs a group towards achieving certain goals.

Exemplary Leadership

Leadership characterized by being a worthy example for others to follow, often involving high ethical standards and strong commitment.

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