the advantages of alliances designed to respond to competition and to reduce uncertainty are more temporary than those developed through complementary alliances, such as vertical and horizontal strategic alliances. a. true b. false

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28-10-2022
Business

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the advantages of alliances designed to respond to competition and to reduce uncertainty are more temporary than those developed through complementary alliances, such as vertical and horizontal strategic alliances. a. true b. false

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sapanpandit sapanpandit · Answer 1 · 2022-11-04T12:14:21+01:00

True, compared to those gained from complementing alliances, such as vertical and horizontal strategic alliances, the benefits of alliances formed to address competition are more transient.

Complementary alliances are employed when a corporation finds a gap or weakness in its organizational design or product line that transient necessitates joining forces with another firm that possesses those skills while also having certain areas where the first company falls short.

Financial services would be an illustration of this, where one company is complementing alliances registered for brokerage but not investment banking. It would be fantastic to collaborate with a developing transient investment banking firm so that together, the benefits of alliances formed to address competition and minimize uncertainty are more transient. We can provide our respective clientele more services.

Learn more about complementing alliances here

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