Question

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

Answer 1

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:

Strategic alliance occurs when two or more companies join hands together in order to achieve strategic outcome that's mutually beneficial to the parties involved.

It should be noted that companies to into Strategic alliance in order to improve market access, improve supply chain efficiency and to also gain economies of scale.

Lastly, it should be noted that strategic alliances stand a reasonable chance of helping a company reduce competitive disadvantage but very rarely form the basis of a durable competitive advantage over rivals.