Final answer:
Strategic alliances are more successful.
Step-by-step explanation:
Experience indicates that strategic alliances are more successful. Strategic alliances refer to partnerships formed between two or more companies to achieve common goals. These alliances are often formed to gain a competitive advantage, such as accessing new markets or sharing resources.
By entering into strategic alliances, companies can pool their strengths and expertise, which can lead to increased success.
For example, a technology company might form a strategic alliance with a manufacturing company to develop and produce a new product, combining their respective skills and resources.
Successful strategic alliances can result in various benefits, such as increased market share, cost savings, and improved innovation.
However, it is important for companies to carefully assess the potential risks and benefits before entering into such partnerships.