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Essay's paper info
| Topic: |
Business
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| Number of pages / Number of words: |
18 / 5029 |
Essay's paper body
It brings about potential action for sharing the risk related to product development as well as expansion of the knowledge base by various companies thus giving them a better strategic edge in the industry.
There are many factors that have contributed to the greater need for cooperation;
Globalization;
Organizations are no longer competing locally for market share but are now looking at global expansion...
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To compete globally firms require a much larger scope of operations. Local firms usually have the advantage as they understand their market better and at times even governments can be an obstacle to global expansion as a result many organizations form alliances to help them over come these obstacles...
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General points of the essay
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