Final answer:
Strategic alliances do not always involve equity ownership and can take different forms based on the objectives of the partners.
Explanation:
False
Strategic alliances do not always involve equity ownership. They can cover a spectrum of arrangements, including nonequity partnerships. Equity ownership is just one possible component of strategic alliances, which are formed for various reasons such as sharing resources and risks in international markets.
Cooperative strategies, including joint ventures and strategic alliances, offer companies flexibility and the ability to benefit from shared expertise without the necessity of equity ownership.
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