What is a strategic alliance? What are the three major types of strategic alliances that firms...

What is a strategic alliance? What are the three major types of strategic alliances that firms form for the purpose of developing a competitive advantage?

Expert Solution

ANSWER

STRATEGIC ALLIANCE

A strategic alliance is a kind of agreeable system where organizations may join a couple of assets or abilities to accomplish upper hand.

The three kinds of strategic alliances are as per the following: -

joint venture
equity strategic allience
non-equity strategic allience

JOINT VENTURE

Joint Venture In this sort of strategic alliance at least two firms meet up to make an organization which is free and they share a portion of their assets and abilities. The fundamental motivation behind a joint venture is to make and build up an upper hand. -

EQUITY STRATEGIC ALLIENCE

Equity Strategic Alliance It is like a joint venture in the regards that it is additionally framed between two firms by sharing their assets and abilities however right now firms share and own rates of the firm shaped. -

NON-EQUITY STRATEGIC ALLIANCE

Non-equity Strategic Alliance In this system the organizations build up a relationship dependent on an agreement. This agreement is identified with sharing of assets and capacities.

keosha answered 2 months ago

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