1. Technology Management
Indeed, Porter's Five Forces model of pure competition suggest competition between existing firms, supplier power, customer power, the threat of substitutes, and the threat of new entrants (Shane, 2009, pp. 251-253). ... The advantages of strategic alliances include allowing companies to specialize in capabilities, lessen the cost of creating the business's value chain, create new competitive advantages, enable learning of new technical areas and markets, allow investigation of new technologies and markets, provide investigation of acquisition targets, increases revenue by reducing ...
- Word Count: 1857
- Approx Pages: 7
- Has Bibliography
- Grade Level: Undergraduate