International Business & Strategic Alliances

International Business & Strategic Alliances

International Business & Strategic Alliances

International strategic alliance is typically defined as a collaborative arrangement between firms headquartered in different countries. Partnering firms remain legally independent after the formation of alliance and the alliance relationship is relatively enduring. strategic alliance is an arrangement between two companies that have decided to share resources to undertake a specific, mutually beneficial project. A strategic alliance agreement could help a company develop a more effective process.

Importance/Benifits of Strategic Alliance

Advances in telecommunications, computer technology and transportation have made entry into foreign markets by international firms easier
Risk sharing is another common rationale for undertaking a cooperative arrangement – when a market has just opened up, or when there is much uncertainty and instability in a particular market, sharing risks becomes particularly important

Related Topics

Mark AB as Capital To Take Over ShriRam EPC By Investing RS. 350 Crore

Mark AB as Capital...

Mark AB as Capital To Take Over ShriRam EPC By Investing RS. 350 Crore Kashyap has brought up “Dubai-based family…
Rupee rises against Dollar

Rupee rises against Dollar

The rupee on Friday gained against the US dollar in early trade after touching a record low versus the American…
Share market update: Investors lose Rs 26 lakh

Share market update: Investors...

The Sensex and Nifty rebounded on Friday but investors have lost around Rs 26 lakh crore in just two weeks.…

Thank You !

The Form was sent sucessfully