ITPEC IP October 2025 Question 84

Source exam: ITPEC IP October 2025Topic: Business Strategy Management

ITPEC IP October 2025 — Question 84 of 100

An alliance quickly complements a company's technology and know-how with another company's capabilities — the firms cooperate while remaining separate organizations.

A strategic or technical alliance can share research, intellectual assets, distribution, production capacity, or specialist expertise without the time and investment needed to build everything internally or complete an acquisition.

Answer (b)

Why not others:
- (a) BPR radically redesigns the company's own business processes

- (c) Incubation supports the creation and growth of new ventures over time

- (d) Benchmarking compares practices and performance to identify improvement opportunities but does not itself provide the partner's capabilities

Key rule: An alliance combines complementary resources through cooperation; benchmarking learns, BPR redesigns, and incubation nurtures ventures.

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