Which of the Following Statements Is True About Firms That

question 36

Multiple Choice

Which of the following statements is true about firms that establish strategic alliances?

• A)Firms that collaborate at the sales stage are not considered strategic partners.
• B)Firms that produce different products cannot enter a strategic alliance.
• C)Firms can collaborate to improve their performance at any stage along the value chain.
• D)Firms often enter strategic alliances at the cost of losing their relational advantage.

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Definitions:

Inventory

The total amount of goods or materials held by a business, intended for sale or production purposes, requiring efficient management to optimize supply chain operations.

Promotion

Marketing activities aimed at increasing awareness, interest, and sales of a product or service, often involving advertising, sales, and public relations strategies.

Distribution

The process involved in moving a product from the manufacturer or supplier to the consumer, including transportation, warehousing, and retailing.

Technological Forces

Technological forces are the factors related to technological advancements and innovations that affect the operations, competitiveness, and survival of businesses and industries within the economic environment.