Which of the following is NOT true about a strategic alliance? O A. Strategic alliances resemble joint ventures, except that joint ventures are usually formed to pursue ongoing business operations rather the B. A strategic alliance allows the companies to reduce risks, share costs, combine technologies, and extend their markets. OC. A strategic alliance is an arrangement between two or more companies whereby they agree to ally themselves and work together to acco OD. Strategic alliances do not have the same protection as mergers, joint ventures, or franchising, and sometimes they are dismantled, O E. Companies often enter strategic alliances when they decide to expand internationally into foreign countries