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Define the concept of intercultural strategic alliance and list both advantages and...
Topics: Business, Intercultural Communication, Cross-Cultural/International Communication, Strategic Alliances, Communications in Business, Joint Ventures and Strategic Alliances, Strategic Planning Tools
Define the concept of intercultural strategic alliance and list both advantages and disadvantages.
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- They allow for the pursuit of business opportunities in markets that may be otherwise inaccessible.
- They lower the barriers to market entry.
- They may be difficult to implement due to cultural and language barriers.
- They may lead to over-dependence on a foreign partner in order to successfully operate.
An intercultural strategic alliance is a partnership between two organizations from different parts of the world. An example of this would be an alliance between a Japanese corporation and a Corporation in the United States. In an intercultural strategic alliance organizations contribute resources and expertise for the purpose of a specific mutually beneficial goal.
Some of the advantages of intercultural strategic alliances are:
Some of the disadvantages of intercultural strategic alliances are:
Posted by farouk23 on October 15, 2013 at 10:17 PM (Answer #1)
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