The answer to that statement is <u><em>A) Strategic alliance
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<h2>Further explanation
</h2>
The strategic alliance is a relationship between several groups that have the same goals and involve several business fields.
Where the party allying is not a business competitor directly even though they have the same product or service that has the same target. This makes the related business actors must be able to do something better, and lead to good cooperation.
So that with the alliance, a company can help each other related to its capabilities. With this, it can be said that this strategic alliance is important for the company is running a business.
In today's economic era, strategic alliances allow corporations to increase their business competitive advantage through access to partner resources. A fast-growing corporation is certain to have a strategic alliance to get benefits from distribution channels, marketing, brand reputation from better business players. By conducting a strategic alliance, several advantages, namely:
- Allows partners to concentrate on the best activity that matches their capabilities
- Learning from partners and developing competencies that are possible to expand market access
- Obtain adequate resources and competencies that are appropriate so that the organization can live.
The strategic alliance is used by companies to:
- Reducing product cycle times
- Reducing costs through economies of scale or increasing knowledge
- Improve research and development efforts
- Improve quality
- Increase access to new technologies
- Make improvements to competitors' positions Enter new markets
Learn more
Alliance Strategy brainly.com/question/4467038, brainly.com/question/14014533
Details
Class: High School
Subject: Bussines
Keyword: Company business strategy, company cooperation.
