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...International business can cover a whole host of businesses and partners. You are operating across international lines and frequently dealing with other cultures, currencies, and legal situations. This is true no matter if you are selling goods and services or working in bringing people from the other country into your country as tourists. Thus it becomes advantageous to for strategic alliances with people and businesses in all the countries in which you hope to operate. What is a strategic alliance? A strategic alliance is a merging or working together of businesses for mutual gain. It goes all the way back in history to when government started signing treaties to protect their borders and interests, a good example is during World War 2 when there were the Allied powers and the Axis Powers. Those were military strategic alliances for getting rid of the opposition and strengthening your borders while decreasing your expenses. When conducting business across borders a strategic alliance can help open international markets. How? One way is that the businesses with which you ally yourself should better understand the people in the country, and that will make it easier to sell your product and protect your interests. For instance names and words have power, especially in marketing. A lawyer advertising in England would never say something like "Let us help you get out of that bum rap" as bum there means Ass" Selling products can mean you need to shift names and...

A Strategic Alliance is a formal relationship between two or more parties to pursue a set of agreed upon goals or to meet a critical business need while remaining independent organizations. Partners may provide the strategic alliance with resources such as products, distribution channels, manufacturing capability, project funding, capital equipment, knowledge, expertise, or intellectual property. The alliance is a cooperation or collaboration which aims for a synergy where each partner hopes that the benefits from the alliance will be greater than those from individual efforts. The alliance often involves technology transfer (access to knowledge and expertise), economic specialization [1], shared expenses and shared risk.

much in their business strategy. (Porter, 1999) 2. With reference to the academic literature, explain the risks specifically associated with the choice of strategic alliance as an approach to this particular partnership. Why is this NOT a merger? Justify your view.(20 marks)Das and Teng (1998b) divided the risk in a strategic alliance into two independent, yet equally important considerations: relational risk and performance risk, and characterized them as: Relational Risk: is the risk of…

Que-1What are the good characteristics of a good partner in a strategic alliance? How do these partner traits help make an alliance successful?

In the last decade, strategic alliances have become very wide in the business world, as stated in the beginning of this brief study, and especially in the auto industry. Coalitions bring economies of scale, synergies, opportunities within R&D, technology sharing, wider dealer networks, and joint marketing campaigns; which we can be applied to the Chrysler-Fiat case.

Strategic Alliance Essay, Strategic Alliance Research …

Mitigating the risk of failure in any partnership is a critical requirement for success in a global economy. To ensure the greatest likelihood of success, organizations contemplating forming an alliance need to develop a disciplined, structured and systematic Strategic Alliance Process. The Strategic Alliance Process described in this article has been successfully applied to partnerships in Canada, the U.S., Europe, Asia and Mexico.

The Strategic Alliance Process described in …

Many people both in China and America have argued that the world would fall into a new Cold War if China adopted an alliance strategy. But an alliance network is only one of the necessary conditions for a Cold War, rather than a sufficient one. In fact, there is little chance of a new Cold War given that ideology is not a core conflict between China and the United States. Millions of Chinese and Americans visit each other's country annually, not to mention the extensive economic ties between these two countries, factors which also reduce the chance for a new Cold War in the visible future.

It is unrealistic to argue that China is able to make an alliance with most of its neighbors in the short term. Nevertheless, there is potential for Cambodia, Laos and the six members of the Shanghai Cooperation Organization to upgrade their relations with China to full-fledged military allies, like Pakistan, with the title of all-weather strategic partnership of cooperation. The U.S. is certainly the major strategic competitor of China, but its conflict with some of China's neighbors produces the possibility for those states to return to China for protection. Those states, particularly most of the ASEAN states, prefer no regional military dominance from either the U.S. or China. Making an alliance with both China and the U.S. is a strategic approach similar to non-alliance strategy helping them to reduce dependence on or threat from either China or America.

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Chrysler-Fiat Strategic Alliance Case Study Essay …

A typical strategic alliance formation process involves these steps: ·Strategy Development: Strategy development involves studying the alliance’s feasibility, objectives and rationale, focusing on the major issues and challenges and development of resource strategies for production,...

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...The HP-Cisco Alliance In early 1997, the first HP-Cisco alliance was first formed. HP was Cisco’s first publicly announced strategic alliance partner. The agreement between the two companies focused on technology collaboration, product integration, professional services, and customer support. The first contract lasted until February of 2002, when both HP and Cisco decided to further formalize and expand their alliance by signing a new contract. Shortly afterwards in March of 2002, HP merged with Compaq Computer, Inc. This temporarily slowed alliance activities between HP and Cisco. The “new HP” needed a few months to reorganize with the addition of Compaq. A few months later, in August of 2002, the alliance activities began to move forward once again. The alliance was a win-win for both HP and Cisco. Both companies were widely respected global technology companies. At the time, Bill Russell and Jim Heal of HP and Steven Steinhilber and Mike Thomas of Cisco Systems were at the forefront of the management teams responsible for forging a stronger, more formal alliance between the two companies. The original mission of the alliance formed in 1997 was to provide co-marketing enterprise networking solutions to HP and Cisco’s join customers. Through this alliance, HP and Cisco developed and sold four joint solutions – IP telephony, service and network management, mobility/wireless, and Utility Data Center. All four of these ventures were successful. Revenues...

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It is forecasted that in the following five years, the tie-up may increase Fiat’s stake in Chrysler fro, 20% to 35%. The Chrysler-Fiat strategic alliance had two main goals: * Help Chrysler survive and restructure its operations, by providing technology and expertise * Facilitate Fiat entry into the North American market (where it existed back in the 80s) So for Chrysler, this is its only way out, for survival. For Fiat, the tie-up with Chrysler is its opportunity to penetrate North America’s market where it has limited sales and visibility.