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