Strategic Alliances Are

Multiple Choice

Strategic alliances are

A) the cheapest means of developing new technologies and getting new products to market quickly.
B) collaborative formal arrangements where two or more companies join forces and agree to work cooperatively toward some strategically relevant objective.
C) a proven means of reducing the costs of performing value chain activities.
D) best used to insulate a company from the impact of the five competitive forces.
E) the best way to help insulate a firm from the adverse impacts of industry driving forces.