With Regard to Strategic Alliances, Which of the Following Is

Short Answer

With regard to strategic alliances, which of the following is true?
They are declining in importance after an initially promising start.
The satisfaction of the most influential party must be assured for it to work.
A clear vision of the future of the venture must be held by at least one of the parties for it to be a success.
Partner compatibility is guaranteed by financial agreements at the outset.
They are also called joint ventures.