One of the Primary Reasons for Failure of Cross-Border Alliances

question 75

Multiple Choice

One of the primary reasons for failure of cross-border alliances is:

• A) incompatible partners
• B) conflict between legal and business systems
• C) cultural differences
• D) high-debt financing

---

Definitions:

Conspicuous Consumption

The practice of purchasing goods or services for the direct purpose of displaying wealth or social status rather than for practical reasons.

Leisure Class

A social class that has the means to live without the necessity for active economic productivity, often associated with conspicuous consumption and leisurely lifestyles.

Veblen

Pertains to theories or concepts related to economist Thorstein Veblen, especially concerning conspicuous consumption and social status.

Counterfeit Products

Imitations of genuine products that are made to deceive consumers into thinking they are purchasing authentic items.