An advantage of using a non-equity alliance to govern a strategic alliance is its Blank______.Multiple choice question.use of tacit knowledgeflexibility and ease of initiationability to distract new entrants to the industrylong-term planning period
Question
An advantage of using a non-equity alliance to govern a strategic alliance is its Blank______.Multiple choice question.use of tacit knowledgeflexibility and ease of initiationability to distract new entrants to the industrylong-term planning period
Solution
The correct answer is "flexibility and ease of initiation". Non-equity alliances are typically easier and quicker to initiate than equity alliances, as they do not require the same level of commitment or investment. This makes them a flexible option for companies looking to form strategic alliances.
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