Business Level Cooperative Strategy Term Paper Example | Topics and Well Written Essays - 1750 words

Business aim Cooperative Strategy - Term Paper ExampleAccording to the study findingsstrategic alliances can be defined as co-operative agreement and arrangements between the two or more partners, and hence, the co-operative relationship management is unrivalled of the prime requirements in strategic alliances. The strategies aim to meet this requirement are known as the line of work level co-operative strategies. Co-operation is one of the basic arrogates of the strategic alliances and the partners must have a clear understanding of this attribute for framing a set of business level co-operative strategy. Kwok and Hampson have identified the very specific parameters to ginmill and frame the co-operative strategies in case of strategic alliances. Firstly, the level of co-operation should be out of any kind of coarse desire or need. Secondly, a partner must co-operate for sharing risk. Thirdly, partners co-operation should determine a strong arse for business growth. Finally, t he co-operation must aim to minimize the likelihood of opportunistic behavior.This paper highlights thatthe need for greater consolidation within the highly capital intensive aerospace and defense industry segment has paved the manner for greater alliance and collaboration among various organizations for an effective supply chain management.The need to develop high-end look into has also promulgated the need to have greater strategic alliances with international partners.For example, the NATO partners are actively laborious to enter into greater collaborations and strategic alliances with the US and European companies in a bid to improve upon the skill of the companies.