According to the Text,all of the Following Are True About

question 44

Multiple Choice

According to the text,all of the following are true about strategic alliances EXCEPT

• A)They are inherently unstable and provide significant management challenges.
• B)Estimates of failure rates range from 30 to 60 percent.
• C)They are among the most popular choice to go international.
• D)They are used mostly as a means to share technology.

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Definitions:

Truth In Lending Act

A law at the federal level aimed at fostering the knowledgeable use of consumer credit through mandates on disclosing its conditions and expenses.

Variable Interest Rate

An interest rate that can change over the duration of a loan based on the market conditions or an index.

Index Rate

A benchmark interest rate used by financial institutions to determine the rate charged on loans or the return on investment.

APR

Annual Percentage Rate, a measure of the cost of credit, expressed as a yearly interest rate including fees and charges.