Experience indicates that strategic alliances Multiple Choice are generally successful. work well in cooperatively developing new technologies and new products but seldom work well in promoting greater supply chain efficiency. work best when they are aimed at achieving a mutually beneficial competitive advantage for the allies. stand a reasonable chance of helping a company reduce competitive disadvantage but very rarely form the basis of a durable competitive advantage over rivals.

Question

02-04-2021
Business

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Experience indicates that strategic alliances Multiple Choice are generally successful. work well in cooperatively developing new technologies and new products but seldom work well in promoting greater supply chain efficiency. work best when they are aimed at achieving a mutually beneficial competitive advantage for the allies. stand a reasonable chance of helping a company reduce competitive disadvantage but very rarely form the basis of a durable competitive advantage over rivals.

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stanfordgoddy stanfordgoddy · Answer 1 · 2021-04-04T03:57:26+02:00

Answer:

stand a reasonable chance of helping a company reduce competitive disadvantage, but very rarely form the basis of a durable competitive advantage over rivals

Explanation:

Of course, a rival company is free and could also make its own strategic alliance. Hence, there is no durability in competitive advantage (ca) if a company based its hope on only forming strategic alliances.

For example, an older company that partners with a new transport/logistics company in order to reduce its cost of transportation (thereby assuming to increase ca), while also increasing the brand awareness of the logistics may be shocked when its major does a similar partnership with another logistics firm.