- 10 Marks
BMF – May 2017 – L1 – SB – Q1a – Business and Organizational Structures and Choices
Discusses how strategic alliances and joint ventures can be used to gain competitive advantage, and briefly explains restricting competition and cartel concepts.
Question
In order to survive and achieve a competitive advantage, companies may need to enter into collaboration with stakeholders.
Required:
Using Strategic Alliances and Joint Ventures, explain how collaboration can be used in business to achieve competitive advantage.
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