Lesson no 14 Pre assessment questions:
1. What is strategic alliance? 2. What are the benefits of strategic alliances? 3. Pakistan, India and Nepal are the founder members of which of the following association? SAARC ASEAN EU NAFTA 4. ASEAN is the abbreviation of __________.
Key to Questions 1. A cooperative arrangement between two or more firms for mutual benefits 2. Quick entry into the market Easy access to technology or raw material Sharing of risk and cost of a venture 3. SAARC 4. Association of Southeast Asian Nations