Final answer:
The most common risk associated with strategic alliances in international strategies is opportunistic behavior, where parties act in self-interest, undermining the alliance. Corporations join together in associations due to common benefits, such as strength in numbers and mutual industry issues.
Step-by-step explanation:
The type of risk most commonly associated with strategic alliances, especially in international cooperative strategies, is opportunistic behavior. This risk entails one or more parties in the alliance acting in their own self-interest at the expense of others and the overall scope of the alliance. Such behavior might include misrepresentation of resources, withholding resources, and failure to deliver on promises, leading to challenges in trust and collaboration.
Competing corporations might join together in an association for several reasons, including the fact that there is often strength in numbers, they often have common issues that may affect an entire industry, and they can all benefit from governmental policies. Hence, the answer to why several competing corporations might join together in an association is that all the above reasons are valid.
Concerning media globalization, risks such as the creation of cultural and ideological biases, the risk of cultural imperialism, and the loss of local culture are notable. However, the creation of local monopolies is not a risk of media globalization, making it the correct response to the question of which is not a risk.