When Partnerships Are Designed to Take Advantage of Market Opportunities

question 79

Multiple Choice

When partnerships are designed to take advantage of market opportunities by combining firm assets to create new value,they are engaging in:

• A) competition reduction strategies.
• B) competitive response alliances.
• C) uncertainty reduction strategies.
• D) complementary strategic alliances.

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Definitions:

Resistance Reaction

The response of an organism against factors that threaten its homeostasis, which can include psychological resistance or immune system response.

General Adaptation Syndrome

A three-stage response (alarm, resistance, exhaustion) that the body has to stress, as proposed by Hans Selye.

Alarm Reaction

Alarm reaction is the initial stage in the stress response, where the body prepares to fight or flee from a perceived threat.

Respiration

The biological process of moving air in and out of the lungs, facilitating the exchange of oxygen and carbon dioxide between the blood and the environment.