Promising an expedited review of proposals

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Reference no: EM133038519

The COVID-19 crisis in 2020 caused an unprecedented increase in demand for products such as medical devices and personal protective equipment (PPE). In attempting to respond quickly to this spike in demand, many companies considered collaborating with competitors, and governments of some countries responded by promising an expedited review of proposals for joint ventures and alliances. But many proposed collaborations, no matter how well-intentioned from a public health perspective, threatened to expose the companies involved to tremendous risk. Identify and briefly discuss at least three factors a company must consider before engaging in strategic alliances.

Reference no: EM133038519

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