Which of the Following Is a Potential Benefit of Forming

question 87

Multiple Choice

Which of the following is a potential benefit of forming a strategic alliance?

• A) It primarily helps both firms in accomplishing their short-term operational goals.
• B) It will lead to one of the organizations in the alliance gaining a competitive advantage over the other.
• C) It will lead to market expansion and greater penetration of current markets.
• D) It typically reduces the market risk of introducing a new product.

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Definitions:

Marketing Program

A comprehensive plan that integrates various marketing strategies to promote products or services effectively.

Solutions

Answers or means of effectively dealing with a problem or difficulty.

Transportation Business

A company that specializes in moving goods or individuals from one location to another.

Transcontinental Shipping

The process of moving goods across continents, typically involving multiple modes of transport such as ships, trains, and trucks.