To discuss: The given statement
Introduction:
Strategic alliances are the contract or settlement between two or more companies who would join to work on the same project and share the necessary resources required to obtain the certain objective or goal. However, the firms remain independent and separate.
Explanation of Solution
Discuss the given statement:
It is given that more companies are now increasingly “born global”. Born global companies would usually focus on differentiation strategy and concentrates on the foreign market rather than their own. In the recent scenario, the born global companies have huge success factors. Born global companies have maximum advantages in the nation with innovation and internalization.
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Chapter 15 Solutions
International Business: Competing in the Global Marketplace