High Levels of Trust Allow Less Formal Contracts to Govern

question 120

True/False

High levels of trust allow less formal contracts to govern the relationship between alliance partners and increases the likelihood of alliance success.

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Definitions:

Probability

The evaluation of the chance that something will occur, represented as a value between 0 (indicating it cannot happen) and 1 (indicating it will surely happen).

Survey Participant

An individual who takes part in a survey, providing data or answers to questions for research purposes.

Favorite Colour

An individual's personal preference for a particular hue or shade.

Probability

The mathematical study of random phenomena, probability assesses the chance that a given event will occur.