- Advantages and disadvantages of Strategic Alliances A strategic alliance in business refers to a business arrangement between two or more business organizations that allows each to attain particularly strategic objectives that not either of the organization would be able to attain on its own. The strategic parties preserve their status as separate and independent entities, share the advantages and disadvantages, and progress to make contributions to the alliance until it is dissolved (Tjemkes and Pepijn 50).
- Organizational advantages An organization may form a strategic alliance to learn important skills and acquire particular capabilities from its strategic partner. ...
