BUS 111 Lecture 18: BUS 111- Derivatives LN and Log rule

Which of the following statements is true about strategic alliances?​

1. ​Strategic alliances usually lead to one of the firms losing their relational advantage.

2. ​In strategic alliances, companies may choose to cooperate at any stage along the value chain.

3.​Strategic alliances exclude functions that are bought through bidding.

4.​In strategic alliances, the power to make decisions is always evenly distributed amidst the firms.