Strategic Business Alliances:

To build up an organic growth between two firms or industries or organizations the system of STRATEGIC ALLIANCE has come under play which allows two or more organizations to work over a single objective with an allowed agreement to support each other for the cause.

This system proves useful for cost analysis management whenever a company is making its move to enter into a new market. The main motive behind this strategy is to increase the competitive positioning in the markets where customers get attracted to new ideas.

How Strategic Alliance work:

To implement strategic alliance into action the company must possess:

• Developing a friendly relation among both the organization and sharing information between partners.
• Allowing an agreement to share work and resources at equal levels.
• Share their business vision and agree upon it while bringing it into action.
• Examine and sign up with partners who can bring great advantage for the firm or organization.

Why Do Companies Establish a Strategic Alliance
 

• To explore their ventures into a new market.
• To reduce project cycle time.
• To bring up a competitive scenario into the market among the organization.
• Share partnership with best-valued customers and partners who prove beneficial to the company.
• Reduce the total cost and effort put up.
• Improve quality work analysis.

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ACG help to find local partner, First screening, Due diligence, Form of agreement, Establish a business in a specific country, Negotiation and prepare win-win situation, Competitor information, Forecast, and Intercultural training