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True or False. Organizations form strategic alliances to pursue areas of mutual interest.

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Final answer:

True, organizations form strategic alliances to address common interests, often leading to strength in numbers and a more effective influence on governmental policies. This is exemplified by competing firms forming special interest groups to lobby for shared objectives.

Step-by-step explanation:

True. Organizations form strategic alliances to pursue areas of mutual interest.

This is often seen in situations where several competing corporations might join together in an association because they face common issues that affect an entire industry.

This can result in strength in numbers, alignment on important economic or regulatory matters, and a united front that can more effectively influence governmental policies to benefit all members.

Indian alliances were also pivotal historically, as they were an important means of establishing power in the southeast for the European empires.

Firms may also form special interest groups.

These groups often include representatives from competiting firms when they recognize that cooperating on certain issues can lead to benefits that outweight the competition between them.

It is common to see such alliances in special interest groups where the goal is to achieve a common objective, such as influencing legislation or regulation.

Even when organizations have opposing views, they may form coalitions if they believe this strategic approach will help achieve their overarching goals.

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