Why are strategic alliances important for firms in some industries

Why are strategic alliances important for firms in some industries

Entry modes that a company can use to enter a market and strategic alliances (You could refer to the following entry modes: exporting, merger, acquisition, licensing, franchising, joint ventures, wholly owned subsidiaries. (In addition, you should mention the advantages and disadvantages of each entry mode using that to explain conditions why a firm would prefer one mode over the other) Why are strategic alliances important for firms in some industries