Using an example, describe the benefits of Regional Trading Alliances? Are there any disadvantages to membership?

Why is benefit expansion considered fragmented as the definition of what most businesses look for to attain?

Describe a decision situation in which you have shared risk with an internal or external business partner. What were the conditions of the shared risk? Explain why the arrangement was successful or not.

What are some ways to limit the potential downsides of a strategic alliance? Group of answer choices Don’t do any strategic alliances to avoid the downsides. Rigorous contracting that addresses the potential for holdup, appropriability, moral hazard issues; also doing due diligence. Try to induce your partner to make transaction specific investments so that you can hold them up.