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5 votes
Foreign firms should seek alliances with well-qualified local companies in countries characterized by inadequate legal and political frameworks because

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User GibsonFX
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1 Answer

6 votes
Foreign firms should seek this sorts of alliances, because making them is a good way to obtain knowledge of local markets; contrast this to a foreign firm attempting to start up a branch on their own, perhaps in the form of a greenfield venture. They would potentially have to figure out local market conditions from scratch, whereas a local company would potentially have years of successful experience and knowledge already at their fingertips.
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User ARRG
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