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Essay text:
this is done to obtain the necessary capabilities and resources needed for creating new technology or using some technologies to develop the companies’ competencies.
2) Global competition: strategic alliances are formed in order to allow the partners to build up more strength and be able to be more competitive in the global market against a common enemy better than each one fights alone.
3) Industry convergence: by this it means company gets together and become a single company in order to achieve more success in a certain industry.
Risk that faces strategic alliances:
Most alliances that work are done between two companies from industrial countries...
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