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1. Many firms fail when they enter into strategic alliances with firms that link up with companies based in other countries. What are some reasons for this failure? If you were a strategist, what would you do differently? Support your view with an example, and substantiate your view with theory.

2. Define the strategic concept of a Joint Venture, provide an example of a successful JV and an example of a failed JV somewhere in the world -what are the leadership lessons learned from each example?

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