A Risk for a Small Firm Creating a Strategic Alliance

question 22

Multiple Choice

A risk for a small firm creating a strategic alliance with a larger company is

• A) not being able to keep up with the fast speed of a large company.
• B) not having enough creative talent to join forces effectively.
• C) being squeezed financially.
• D) being too rigid for a large company's standards.

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Definitions:

Competency-Based Analysis

An approach to job assessment that focuses on the specific skills and abilities required to perform a job effectively.

Job Analysis

The process of studying and collecting information about the content and human requirements of jobs, as well as the context in which jobs are performed.

Market Analysis

An in-depth examination of the market conditions for a product or service, including competition, demand, and trends.