Fill in the Blank(s)

question 56

Short Answer

Fill in the Blank(s)
-______fail to succeed because of one or more of the following:
• An unwillingness among managers to share sensitive, proprietary information
• The belief that an alliance partner is only as good as its last performance
• The failure to consider the realities of the partner's situation

---

Definitions:

Rent-Seeking Behavior

Actions by individuals or firms to obtain economic gains through manipulation or exploitation of the political or social environment, rather than through productive economic activity.

Comparative Advantage

The ability of a country, individual, company, or region to produce a good or service at a lower opportunity cost than its competitors, underpinning international trade theory.

Opportunity Cost

The sacrifice of potential advantages from various alternatives due to selecting one path.

Regulatory Capture

A situation in which industry regulatory agencies are dominated by the industries they are charged with regulating, leading to a conflict of interest.