TEAMS, PARTNERSHIPS AND ALLIANCES Organizations create and use teams, partnerships, and alliances to: undertake new initiatives, address both minor and major problems and capitalize on significant opportunities. Organizations create teams, partnership, and alliances both internally with employees and externally with other organizations Organizations from alliances and partnerships with other organizations based on their core competency. Core competency- an organization’s key strength, a business function that it does better than any of its competitors Core competency strategy- organization chooses to focus specifically on its core competency and forms partnerships with other organizations to handle nonstrategic business processes. TEAMS, PARTNERSHIPS AND ALLIANCES Information technology can make a business partnership easier to establish and manage Information partnership - occurs when two or more organizations cooperate by integrating their IT system, there