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Which of the following statements is true about strategic alliances? Select one. Strategic alliances exclude functions that are bought through bidding. In strategic alliances, companies

Which of the following statements is true about strategic alliances? Select one.

Strategic alliances exclude functions that are bought through bidding.

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

Strategic alliances usually lead to one of the firms losing its relational advantage. In strategic alliances, the power to make decisions is always evenly distributed among the firms.

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