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Business Alliance V.S. Joint Venture

Before jumping into a strategic business alliance or join venture, it’s important to understand how either of the two could help you build synergy and gain a competitive advantage in your industry. How are they similar? Both alliance and joint venture involve integration through shared expenses, risks, and core competencies (technology transfer, knowledge, economic and […]

Business Alliance V.S. Joint Venture

Before jumping into a strategic business alliance or join venture, it’s important to understand how either of the two could help you build synergy and gain a competitive advantage in your industry. How are they similar? Both alliance and joint venture involve integration through shared expenses, risks, and core competencies (technology transfer, knowledge, economic and […]