Question: Select all that apply Identify the true statements about a strategic alliance between two or more firms. Multiple select question. It typically reduces the firms'

Select all that apply
Identify the true statements about a strategic alliance between two or more firms.
Multiple select question.
It typically reduces the firms' flexibility to combine their efforts and resources.
It can involve an equity investment made by the partners in each other.
It is allowed to be a long-term or a short-term agreement.
It is a permanent relationship between the firms.

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