This document discusses the benefits and drawbacks of global partnerships. The benefits include promoting growth, acquiring new technologies, responding to pressures and economic changes, reducing costs, getting closer to clients, diversifying operations and markets, and opportunities for vertical integration. Some challenges are overlooking long-term objectives, lack of commitment, resistance to share resources, conflicts over benefits, and potential loss of local control.
This document discusses the benefits and drawbacks of global partnerships. The benefits include promoting growth, acquiring new technologies, responding to pressures and economic changes, reducing costs, getting closer to clients, diversifying operations and markets, and opportunities for vertical integration. Some challenges are overlooking long-term objectives, lack of commitment, resistance to share resources, conflicts over benefits, and potential loss of local control.
This document discusses the benefits and drawbacks of global partnerships. The benefits include promoting growth, acquiring new technologies, responding to pressures and economic changes, reducing costs, getting closer to clients, diversifying operations and markets, and opportunities for vertical integration. Some challenges are overlooking long-term objectives, lack of commitment, resistance to share resources, conflicts over benefits, and potential loss of local control.
Drawbacks to Global Partnerships Benefits and Challenge of Global Partnerships Benefits of global partnerships: • Promote growth • Acquire new technologies • Respond to government pressures • Take adventages of exchanges rates • Respond to economic changes • Reduces operations costs • Get closer to clients • Diversity operations and markets • Opportunities foe vertical integration Benefits and Challenge of Global Partnerships Challenges to global partnerships • Overlook long-term objectives • Lack of long-term commitment • Resistance to share key personnel or technology • Conflict over benefit distributions • Potential loss of local control • Changing business conitions negating original reasons for partnership