A Firm in an Alliance Is Likely to Have Other

question 46

Multiple Choice

A firm in an alliance is likely to have other interfirm alliances as well, which makes it important to:

• A)​Close the door to additional alliances.
• B)​Insist on direct monitoring and control.
• C) ​Manage the relationships as a corporate portfolio.
• D) ​None of the above.

Understand the use of hedging as a strategy to minimize price and currency exchange risks.

Understand different categories of motor carriers and their applications.

Recognize the factors contributing to the decrease in total business logistics costs in the U.S.

Grasp the significance of the FOB point in determining costs, legal title, and claims responsibility.

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Definitions:

Macrostructures

are overarching patterns of social relations that lie outside and above a person’s circle of intimates and acquaintances. Macrostructures include classes, bureaucracies, and power systems, such as patriarchy.

Postindustrialism

Postindustrialism describes the phase of economic and social development that follows industrialization, characterized by an economy focused on services and information rather than manufacturing.

Global Structures

are patterns of social relations that lie outside and above the national level. They include international organizations, patterns of worldwide travel and communication, and the economic relations between countries.

Émile Durkheim

Émile Durkheim was a pioneering French sociologist known for his contributions to the understanding of social structures, collective conscience, and the role of religion and education in society.