True or false: Firms tend to enter strategic alliances when they have no other choice.
Question
True or false: Firms tend to enter strategic alliances when they have no other choice.
Solution
False. While it's true that some firms may enter strategic alliances due to lack of other options, it's not the only reason. Strategic alliances can also be a proactive choice for many firms. They can provide numerous benefits such as access to new markets, sharing of resources and knowledge, and the ability to collaborate on innovative projects. Therefore, it's not accurate to say that firms only enter strategic alliances when they have no other choice.
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