Discuss what 'information asymmetry' means. Then, explain why 'information asymmetry' could be a concern in strategic alliance partnership & cooperative arrangement. If you were a manager, what would you do to decrease such asymmetry in strategic alliance? 

What are the potential challenges and risks of ventures in foreign countries? What recommendation do you suggest to minimize each one of the risks/challenges you identified? Do you think that some countries are subject to higher risks? Explain. 

What is an example of a recent strategic alliance and discuss the motives behind it.