When a firm cannot realize the cost savings from economies of scale all by itself, it may join in a strategic alliance with other firms so that together both firms will have sufficient volume to be able to gain the cost advantages of economies of
scale.
Indicate whether the statement is true or false
TRUE
Business
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General partners have unlimited personal liability for the debts and obligations of the partnership
Indicate whether the statement is true or false
Business
Many of the outcomes from the first two phases of the strategic planning process, such as a determination of goals, competitor analysis, strategic opportunities, and risk analysis come together in a ________
A) technology audit B) SWOT plan C) value proposition D) business plan
Business