What is Balance cost in context of Innovation? Write note on strategic alliances and Licensing.
Answers
Answered by
4
Companies decide to form strategic global business alliances for many reasons. 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. Entering new markets
Answered by
2
Explanation:
Strategic alliances are formed by two or more businesses in order to achieve strategic objectives they could not otherwise achieve alone.
There are organizational, economic, strategic, and political advantages in pursuing a strategic alliance.
Similar questions