please answer in your own words .

1) The chapter touched upon three governing mechanisms for strategic alliances.They are equity, non-equity and joint venture. Identify the benefits and downsides to each. Then provide an example (not cited in Chapter 9) of each. You can use any example that you feel illustrates the point. 2) The alliances discussed in Chapter 9 are often used to pursue business level goals. They are sometimes managed at the corporate level. Pick a relevant example and explain to the class why this portfolio approach to alliance management makes good business sense. Structure your answer with info that you picked up in your Chapter 9 readings. 3) Mergers and acquisitions were also discussed in this chapter. There seems to be a generally poor track record with M&As.....yet this seems to be a continuing trend with many companies. Cite some steps that a firm might be able to take to improve the chances of success if they choose that route. Give two examples of companies to explain your answer.....one that was successful and one that did not fare well. 1) The chapter touched upon three governing mechanisms for strategic alliances.They are equity, non-equity and joint venture. Identify the benefits and downsides to each. Then provide an example (not cited in Chapter 9) of each. You can use any example that you feel illustrates the point. 2) The alliances discussed in Chapter 9 are often used to pursue business level goals. They are sometimes managed at the corporate level. Pick a relevant example and explain to the class why this portfolio approach to alliance management makes good business sense. Structure your answer with info that you picked up in your Chapter 9 readings. 3) Mergers and acquisitions were also discussed in this chapter. There seems to be a generally poor track record with M&As.....yet this seems to be a continuing trend with many companies. Cite some steps that a firm might be able to take to improve the chances of success if they choose that route. Give two examples of companies to explain your answer.....one that was successful and one that did not fare well