Which of the Following Is NOT a Risk for Firms

question 24

Multiple Choice

Which of the following is NOT a risk for firms engaged in cooperative strategies?

• A) Misrepresentation of a partner's competencies
• B) Partner acts opportunistically
• C) Insufficient variation in firms' core competencies
• D) Failure of partners to make complementary resources available to the partnership

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Definitions:

Low-Context

Referring to cultures or communication styles that rely more on explicit, direct language and less on context or nonverbal cues to convey meaning.

Multinational

Refers to a corporation or enterprise that operates in several countries but is managed from one (home) country.

Ethnocentric

An attitude or policy where one's own culture, nation, or group is considered superior to others, often leading to biased judgments.

Polycentric

An approach in international business that emphasizes and adapts to the cultural differences of the countries in which it operates.