alliances, joint ventures, and mergers with foreign comapanies
are widely used as a means of entering foreign markets. such
arrangements have many purposes, including learning about unfamilar
environments, and the opportunity to access the complementary
sources and capabilities of a foreign partner. Illustration Capsule
7.1 provides an example of how Walgreens used a strategy of
entering foreign markets via alliance, followed by a merger with
the same entity. What was the entry strategy designed to achieve?
Why would this make...