When Using Cooperative Strategies, Firms Most Frequently Develop Strategic Alliances

question 98

Multiple Choice

When using cooperative strategies, firms most frequently develop strategic alliances that:

• A) enhance the firm's reputation in the marketplace.
• B) are long-lived.
• C) will reduce the firm's political risk.
• D) create a competitive advantage.

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Definitions:

Effectiveness

The degree to which objectives are achieved and the extent to which targeted problems are solved.

Organisation-Development Process

A strategic, planned effort to increase an organization's effectiveness and viability.

Consultant

A professional who provides expert advice in a particular area, such as business, education, law, regulatory compliance, finance, healthcare, and more.

Client

An entity that pays for or receives the services or advice of a professional or company.