A company racing to seize opportunities on the frontiers of advancing technology often utilizes strategic alliances and collaborative partnerships to:
A. discourage rival companies from merging with or acquiring the very companies that it is partnering with.
B. reduce overall business risk and raise entry barriers into the newly emerging industry.
C. help master new technologies and build new expertise and competencies, establish a stronger beachhead for participating in the target industry, and open up broader opportunities in the target industry.
D. help defeat competitors that are employing broad differentiation strategies.
E. enhance its chances of achieving global low-cost leadership.
Answer: help master new technologies and build new expertise and competencies, establish a stronger beachhead for participating in the target industry, and open up broader opportunities in the target industry.