Question

Explain the importance of International Collaborative Arrangements and Strategic Alliances with examples.

Answer 1

One of the most important reasons is to gain access to another company's knowledge or resources. Companies can also decide to join forces to develop new products or to enter a market that neither could enter alone. Other reasons for developing strategic alliances include the following: Forming economies of scale.

Answer 2

a push or pull acting on a body is known as force....it is of two types:

contact,non-contact