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Typical Reasons Behind Cross-Border Alliances

What are the typical reasons behind cross-border alliances?

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A cross-border alliance is basically a strategic partnership that is formed between two or more firms from different countries in order to pursue mutual interests through the sharing of resources and capabilities. Cross-border alliances have become increasingly important, regardless of industry type, in our global environment if companies wish to successfully compete ...

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This solution includes a definition of cross-border alliances, their importance and some of the reasons behind these types of alliances. The solution contains 203 words of text.