并购和战略联盟是实现企业规模扩张最有效的捷径，但是联盟与并购具有不同优缺点，且失败率都很高。
M&A and strategic alliance are the most effective short-cuts to expand the scale of the enterprises, though they have different strengths and weaknesses, and have a high failure rate.
并购和战略联盟是实现企业规模扩张最有效的捷径，但是联盟与并购具有不同优缺点，且失败率都很高。
M&A and strategic alliance are the most effective short-cuts to expand the scale of the enterprises, though they have different strengths and weaknesses, and have a high failure rate.
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