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Strategic business partnership - Coggle Diagram
Strategic business partnership
Research and development
example
Volkswagen
Samsung
Intel
advantages
Identify Brand Reputation
Right Utilization of Talent
Risk Mitigation
R&D Boosts Sales
disadvantages
Changing Market Trends
Inaccurate or False Data
Workforce
Research Takes Time
Franchising
disadvantages
Costs may be higher
includes restrictions
franchisor monitoring
advantages
risk of business failure
established a market share
established a market share
gives you support
example
McDonald’s
Starbucks
Dominos
Outsourcing
advantages
increased efficiency
controlled costs
increased reach
improved focus on core business activities
disadvantages
lack of flexibility
service delivery
confidentiality and security
example
Slack
Alibaba
Whatsapp