Entering into Strategic Alliances and Collaborative Partnerships Can Be Competitively

question 19

Multiple Choice

Entering into strategic alliances and collaborative partnerships can be competitively valuable because

• A)these represent two highly effective ways for firms to achieve low-cost leadership and capture first-mover advantages.
• B)these two strategies are a powerful means for companies to build loyalty and goodwill among customers that possess diverse needs and expectations.
• C)they are quite effective in helping a company transfer the risks of threatening external developments to other companies.
• D)working closely with outsiders is essential in developing new technologies and new products in virtually every industry.
• E)cooperative arrangements with other companies are very helpful in racing against rivals to build a strong global presence and/or racing to seize opportunities on the frontiers of advancing technology.