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Sitemap Redrawing the map: planetaryization and the changing world of business - five dollar bill business responses to globalization - Ernst & Young refers to one or much of the extremity firms of Ernst & Young Global Limited (EYG), a UK individual(a) company limited by guarantee. EYG is the principal governance entity of the global Ernst & Young organization and does not provide any supporter to clients. Services are provided by EYG member firms. Each of EYG and its member firms is a separate legal entity and has no liability for other such entitys acts or omissions. Certain content on this berth may have been prepared by one or much EYG member firms. Definition strategic Alliance. Description. A Strategic Alliance is a significant long/term confederation and collaborative agreement entered into by two or more companies to pursue a set of agreed upon critical goals patch remaining (legally) independent organizations. These collaborations can come in many a(prenominal) shapes and sizes, including contractual and equity forms. It normally is a synergistic administration whereby the participating organizations each brings different strengths and capabilities to the bond paper. Main motives for the formation of strategic alliances can be organizational, economic, strategic and political. Steps in the formation of strategic alliance. Process Strategy Development.

This stage involves studying the alliances feasibility, objectives and rationale, focusing on the major issues and challenges and development of option strategies for production, technology, and people. It requires aligning alliance objectives with the overall corporate strategy. Partner Assessment. This explorative stage involves analyzing a potential partners strengths and weaknesses, creating strategies for accommodative all partners management styles, preparing appropriate partner selection criteria, apprehension a partners motives for joining the alliance and addressing... If you necessity to get a full essay, order it on our website: Orderessay

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