Strategic Alliances 5

In order to form a joint venture, companies need to have ____ and follow legal guidelines of the countries they are based in.

• outweigh

• regulatory approval

• gain

• equity stake

A company may buy shares in another company in order to have a(n)____ in it.

• outweigh

• turnaround

• gain

• equity stake

Two companies working together can more easily ____ a competitive advantage over other businesses in the same field.

• outweigh

• turnaround

• gain

• synergy

Many companies have found that the benefits substantially ____ the costs when they work with another company and share knowledge.

• outweigh

• turnaround

• presence

• synergy

A company which is having problems may experience a dramatic ____ when forming an alliance with another business.

• foundation

• turnaround

• presence

• synergy

Working together can produce ____ which helps companies to increase profits and run the business more effectively.

• foundation

• regulatory approval

• presence

• synergy

A company with a strong ____ in its domestic market may be the ideal company to collaborate with.

• foundation

• regulatory approval

• presence

• equity stake

A strategic alliance can help companies to build a strong ____ in order to increase their own networks and expand their businesses.

• foundation

• regulatory approval

• outweigh

• equity stake