Strategic Alliances the Right Way to Compete in the 21st Century - Assignment Example

Comments (0) Cite this document
This assignment will begin with the statement that strategic alliance remains a vital component between two or more organizations. The mutual agreement sets in to aid in mutual benefits and understanding that transform the organization’s business activities…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER91.5% of users find it useful

Extract of sample "Strategic Alliances the Right Way to Compete in the 21st Century"

Download file to see previous pages The author of the paper states that strategic alliances are detrimental to an organization for various reasons. First, they spur out organic growth. Such growth is not enough for an organization to achieve its stipulated mandate. It further speeds up the marketing process for the produced goods. In addition, many businesses are on the verge of embracing diversification of services and goods. No one business can fully be at the dispensation of having all-around skilled human resources. Hence, such alliances bring up elements of skills exchange. Moreover, there is an established trend in research and innovation, making the firm competitive globally. It becomes easier for the business to venture in the market, as its operational base is stronger. Advancement in technology, ICT, and transport makes the entry point easier. Venturing out in the international market may be quite a complicated and expensive process, but there is a cost reduction in the case of two firms. It is easier to overcome many obstacles such as hostile policies and competition. Shared knowledge and risks add up to become a strength to the firms. Decentralized Federation applies when companies that are trying to expand in foreign countries are faced with domestic competition. Therefore, they require coming up with multinational strategies with a decentralized federation. Therefore, the requirement to form local production facilities, and to ensure that this local unit becomes increasingly independent. The internal culture of this organization should be able to embrace personal relations rather than formal structures, and economic controls more than technical/operational details. These local units have more functioning independence and strategic freedoms from their headquarters, and they are managed as a collection of an offshore investment instead of a single worldwide business. ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“International Business Management Assignment Example | Topics and Well Written Essays - 1250 words”, n.d.)
International Business Management Assignment Example | Topics and Well Written Essays - 1250 words. Retrieved from
(International Business Management Assignment Example | Topics and Well Written Essays - 1250 Words)
International Business Management Assignment Example | Topics and Well Written Essays - 1250 Words.
“International Business Management Assignment Example | Topics and Well Written Essays - 1250 Words”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Strategic Alliances the Right Way to Compete in the 21st Century

Strategic alliances

...for the survival of the airline industry. It is extremely difficult for new companies to operate in this competitive industry without the financial strength that will make it effective in conducting aggressive marketing. For example, a new entrant into the European and American airspace will have to compete with established alliances such as oneworld. Without good marketing strategies and financial strength, it will be impossible to penetrate in this market. A way out is for new airlines to seek other strategic partners to counter the influences of one world in the mentioned market and thereby create a niche for themselves. References Blacket, T. (1999). Co-branding, the...
9 Pages(2250 words)Term Paper

Strategic Alliances and Globalization

...?The business world has changed a lot during the past fifty years. Due to the growth of business enterprises many companies needed new ways to expandtheir marketplace. The domestic market was no longer sufficient to meet the needs of these firms. As a consequence companies began to establish operations in foreign marketplaces. A globalization market entry strategy that has become very popular to gain access to foreign markets is strategic alliances. A strategic alliance can be defined as an arrangement between two companies that have decided to share resources in a particular project (Answers, 2011). The purpose of this paper is to explain the key advantages and disadvantages of strategic alliances in the globalization of products... and...
2 Pages(500 words)Essay

Alliances as Strategic Tools

...? Article review (alliances as strategic tools) By 1 Introduction Strategic alliance is the rational way to enter in new markets, to be moreglobalized and to develop new and fast technologies in this era. I have chosen this article because strategic alliances such as partnership, joint ventures, mergers and acquisition, these have become quite popular in relation to globalization. Presently, if any organization wants to enter a new market or diversify, start a new business, the best way to do this with less resources and limited cost is strategic alliance. It has become...
3 Pages(750 words)Book Report/Review

Toyota Strategic Alliances

...?Toyota Strategic Alliances Theories and analytical tools to assess strategic issues Decision makers in organizations are continually showered with various issues that can potentially affect the current performance and actions of their companies. They make constant adjustments in their strategies in order to keep them updated with the needs of the changing environment. A strategic issue is “an emerging development which, in the judgment of some strategic decision makers, is likely to have a significant impact on the organization’s present or future strategies” (Dessy, 2010). Although, decision makers make rigorous attempts to respond to these changes,...
5 Pages(1250 words)Essay

INNOVATION (Strategic alliances)

...successful. A key thing in strategic alliances has been the joint venture between companies and institutions of research and learning. This is very evident with most health care and engineering companies. Eurocopter is a helicopter manufacturing company and it has made joint ventures with other plane manufacturing companies and research institutes. The collaboration between these companies has lead to the innovation of an efficient helicopter. International Research and Development, other than creating new products, are a way to expand the market of the company. R&D assists in the development of a new product and better way of services. Open innovation is a good...
8 Pages(2000 words)Essay

Strategic Alliances / Strategic International Alliances / Global Strategic Partnership

...while continuing to be self-regulating organization. Such collaboration generally takes place between mergers & acquisitions and organic growth. A strategic alliance can be defined as conformity between firms to conduct business in a way which is more than normal company-to-company dealings, however cannot be characterized as merger or full partnership. These alliances may be either in the form of unofficial handshake consent to official consents where the period of contract tends to be longer and the parties may as well exchange equity and put in capital so that it can create a joint venture corporation. In other words, it can be stated that strategic...
9 Pages(2250 words)Term Paper

Reflection - 21st century skills

...grade system. Students are encouraged to learn by doing, which increases their global skills highly needed in the 21st century. The portal also focuses on leadership, and collaboration between teachers and students. However, teachers seem to be focusing more on the digital recording of the grades rather than on the core content of the subjects. The portal system is not appropriate for early year students, since they cannot use the digital technology properly. The teachers of early year students still need to come face-to-face with the parents to communicate effectively. Also, the system seems to be discouraging the traditional way of teaching subjects. Students will slowly forget the...
1 Pages(250 words)Essay

Strategic Alliances

... is a kind of concept in which risk is an integral factor while developing such decisions. Strategic Alliance is an “an agreement between firms to do business together in ways that go beyond normal company–to–company dealings , but fall short of a merger or a full partnership” (Khurana & Singhal 2010). Any business decision involves planning and there is always a threat of failure of the plan. The move taken even after knowing the risks and evaluating their effects can be termed as risk. Similarly, strategic alliance is a kind of business decision which would involve amalgamation with outside companies not on a full partnership basis but a little different from daily intercompany dealings (Das & Teng, 1999). There may be a number... which...
3 Pages(750 words)Essay

Strategic Alliances

... Strategic Alliances The Indian Department of Telecommunication (DoT) has issued warning over the involvement of private manpower in the development of the National Cyber Coordination Centre (NCCC), for the government of India (Aulakh, n.p.). While issuing this caution, the department of telecommunications observed that outsourcing manpower for the project would be risky. This is because, according to DoT, the establishment and development of such a sensitive installation does not deserve outsourced manpower, considering that outsourcing the manpower will open more avenues for the breach of the sensitive data for which the National Cyber Coordination Centre is meant to protect (Aulakh, n.p.). In this respect, the DoT has sought... , and that...
2 Pages(500 words)Essay

Strategic Business Alliances

...that benefit them all. Critique two I concur with the statement that strategic Alliance enable two or more parties to establish a dual pool of resources to attain a sustainable and beneficial purpose that one party cannot fulfill on its own. It is true that in an attempt to increase market share and reduce operation costs, parties strive to compete others via formation of alliances. In the end, resource mobilization such as trading of distinct resources enables two entities to have an upper in market penetration since they are able to advertise their product or service deeply to customers using available resources. References Burgers, K. (2012)....
3 Pages(750 words)Article
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Assignment on topic Strategic Alliances the Right Way to Compete in the 21st Century for FREE!

Contact Us