Answer :
Of the various business-level strategic alliances, vertical complementary alliances have the most probability of creating sustainable competitive advantage, and competition-reducing have the lowest.
What is strategic alliance?
A strategic alliance is an agreement between two or more companies in which there is strategically relevant collaboration of some sort.
In a strategic alliance, there is:
- Joint contribution of resources
- Shared risk
- Shared control
- Mutual dependence.
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