Question

You have learned from your training manual that strategic alliances are voluntary arrangements between firms that involve the sharing of knowledge, resources, and capabilities with the intent of developing processes, products, or services. Based on what you have learned so far about HP from their 2014 10-K report, with which one of the following companies has HP entered into a strategic alliance

Answer 1

Answer:

Intel corporation

Explanation:

strategic alliance is simply said to be a form of an consensus between parties(usually 2or more) to attain a set of common objectives(agreed on by both parties) useful and needed while remaining independent organizations. This alliance stands as a strategic alliance due to the fact that it has the ability to affect HP's competitive advantage when looking at page 5 of HP’s 2014 10-K statement, HP's commercial and consumer PCs are mainly using Windows operating system and also use Intel Corporation and Advanced Micro Devices, Inc. processors.” Firms enter many types of alliances, from small contracts that have no bearing on afirm’s competitiveness to multibillion-dollar joint ventures that can make or break the company.