(Answered) With reference to the academic literature explain the risks

Management Studies

With reference to the academic literature, explain the risks specifically associated with the choice of strategic alliance as an approach to this particular partnership. Why is this NOT a merger? Justify your view.

Additional Requirement

This kinds of question is based on the Corporate Strategy and discuss about the choice of strategic alliance as an approach to partnership. There is generally a difference between partnership and strategic alliance. Strategic alliance can be a simpler means of achieving mutual goals while partnership is a lengthy legal process which makes two or more firms to bind together. While an alliance can be broken in the future, it can create legal and other hustles while breaking a partnership. The solution discusses these and other points in much detail.

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Strategic Management, Management Studies

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