Question

"Cooperative relationships such as ___________ have potential advantages such as" entering new markets, reducing manufacturing (or other) costs int eh value chain, and developing and diffusing new technologies.

Answer 1

Joint venture and strategic alliance

Answer 2

The answer is Strategic alliances and Joint Ventures.

Step-by-step explanation:

Under these alliances, companies can share and mitigate the risks of entering new markets and introducing new products. Moreover, the research and development becomes more productive as well.

Moreover, as the companies face challenges jointly, different personnel from different backgrounds can contribute to the success of the operations.