jetstar intends to grow to Indonesia by establishing a strategic partnership with a regional Indonesian airline. However, jetstar is mindful of the commercial dangers connected with this strategy. Before commencing on this strategic initiative in Indonesia, the CEO of jetstar has asked that you can provide him with a formal report detailing the study of the probable difficulties listed underneath. a. Describe in TWO hundred words the two formal and two informal institutional aspects that Jetstar should take into account in its strategy to enter Indonesia. Additionally: i. Define and explain the particular aspects of business hazards (1 kind of risk for formal and another type of risk for informal institutions) which may develop from the institutional characteristics you have mentioned previously. ii. Explain succinctly if each of the aforementioned institutions has a facilitating or restricting effect on jetstar's strategic stance. b. Explain the methodology known as strategic alliance and propose two kinds of strategic alliance that users believe are applicable to Jetstar. Additionally: i. Discuss in a methodical and brief approach how a business strategy known as strategic alliance enables the organisation to alter or affect its institutional framework. ii. Outline clearly and simply how strategic alliances may be seen as a strategic technique that demonstrates the significant impact of institutional environment on the strategic status of a company of organizations such as Jetstar.