Strategic alliances are ________
A) internal agreements formed between the subsidiaries of a company
B) not helpful when a company has to gain credibility in a new field
C) a means of permanently integrating two companies in a business
D) an alternative to mergers and acquisitions with less risk and work
E) not helpful when a company's aim is expanding its market presence
Answer: D
Explanation: Strategic alliances can accomplish many of the same goals as a merger or acquisition with less risk and work than permanently integrating two companies. Strategic partnership allows the companies to collaborate without formally combining.
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