strategic 7
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- Many firms fail when they enter into strategic alliances with firms that link up with companies based in other countries. What are some reasons for this failure? Provide an example.
- The assignment is to answer the question provided above in essay form. This is to be in narrative form and should be as thorough as possible. Bullet points should not to be used. The paper should be at least 1.5 - 2 pages in length, Times New Roman 12-pt font, double-spaced, 1 inch margins and utilizing at least one outside scholarly or professional source related to competitive strategy. The textbook should also be utilized. Do not insert excess line spacing. APA formatting and citation should be used.
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Tips(1)
The main reasons for the strategic alliance's failure include lack of a shared vision where the companies/firms involve fail to give their commitment to the success of the partnership. Studies have indicated that a lack of shared vision leads to a disconnect in expectations, and as a result, firms will fail to commit to ensuring benefits for both parties. Other significant reasons for the failure include under-investing, where firms invest inadequate resources into the alliance.
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