Discuss whether you think a strategic alliance is an effecti

Solution

definitely strategic alliance helps the firms to reach their targets and goals. it is an agreement between two or more parties to pursue a set of agreed upon objectives needed while remaining independent organizations. this form of cooperation lies between mergers and acquisitions and organic growth.

there are many practical examples for this, one of them is; Honda and Hero business deals, Maruti and Suzuki deals

in this globalization era, it becomes mandatory to establish and run business activities in host nations to many multi national players. even they are the largest players and ricest, even they shuold join with others.

one more example is the relationship between Walmart and Bharati group in India.