The advantages and disadvantages of stratgy alliance Essay

The advantages and disadvantages of stratgy partnership - Essay ExampleThis is achieved through assorted strategies including forming joint ventures, licensing etc. for example, in Pharma industry, firms tend to consequent licenses in various different markets where they may not have the direct physical presence of their manufacturing and sell facilities but their brands may be selling into those markets through licensing and distribution of their products.3) Forming Strategic alliances provide organizations to create synergies for from for each one one other so that resources put forward be better utilized at their most feasible greet to the organization. By utilizing the more efficient resources of other organizations, firms tend not to achieve only the synergies but similarly a chance to effectively utilize and take advantage of the resources of their strategic partners.4) Making Strategic alliances at the global level provide opportunity to the firms to transfer distinct ive competencies. As discussed above that the organizations in erect to expand and realize its potentially, try to take advantage of the distinctive competencies of their strategic partners.5) By do strategic alliances, organization tends to obtain more access to the capital. Since associating themselves with the firms that have more access to the resources therefore can provide organizations a better and more liquid form of financial resources to tap. (Rushika)6) Alliances help organizations to exploit vertical markets. By doing so the organizations tend to align themselves vertically also in order to ensure various strategic options. These options can include securing the strategic flow of raw materials to the organization, effective flow of technology and jab etc. (Casseres)7) Making alliances allow firms to develop new technologies. Since with the help of alliances, firms tend to utilize the services of each other and hence the technologies therefore it provide firms an oppo rtunity to develop new