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Strategic alliances and joint ventures

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Strategic alliances and joint ventures are often preferred strategies to enter foreign markets and to avoid classic mistakes such as the cookie example (Cookie Example attached!). Has your organization (or any other you are familiar with) been successful in forming alliances with companies in other countries? Why or why not? What advice would you give to your organization's leadership? In your response, be sure to define what you mean by a "successful" alliance?

How should an organization approach "cultural due diligence" when assessing a potential acquisition target? To what degree does the approach vary by country? How effective are some of the approaches that you have experienced or with which you are familiar? Explain.

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Strategic alliances and joint ventures are often preferred strategies to enter foreign markets and to avoid classic mistakes such as the cookie example (Cookie Example attached!). Has your organization (or any other you are familiar with)been successful in forming alliances with companies in other countries? Why or why not? What advice would you give to your organization's leadership? In your response, be sure to define what you mean by a "successful" alliance?
The company that I know of has been successful in forging an alliance with a company in a foreign country. The alliance has been very simple, The foreign company wants to market a number of sealants in my country and other manufactures in my country do not have the know how to make these products. The ...

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