Define the concept of intercultural strategic alliance and list both advantages and disadvantages.

 An intercultural strategic alliance is a partnership
between two organizations from different parts of the world. An example of this would be
an alliance between a Japanese corporation and a Corporation in the United States. In an
intercultural strategic alliance organizations contribute resources and expertise for
the purpose of a specific mutually beneficial goal.

Some of
the advantages of intercultural strategic alliances
are:

1. They allow for the pursuit of business
   opportunities in markets that may be otherwise inaccessible.
    


2. They lower the barriers to market
   entry. 

Some of the disadvantages of
intercultural strategic alliances are:

1. They may
   be difficult to implement due to cultural and language
   barriers.


2. They may lead to over-dependence on a foreign
   partner in order to successfully
   operate.