One Disadvantage of Developing Effective Monitoring Systems to Manage a Strategic

question 42

Multiple Choice

One disadvantage of developing effective monitoring systems to manage a strategic alliance is that:

• A) firms will have to accept greater risks.
• B) trust will be eroded.
• C) spontaneous opportunities are minimized.
• D) power coalitions will still develop.

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Definitions:

Breach Of Contract

Occurs when one party fails to fulfill their obligations under a contract, violating the agreement.

Private Law

Private law governs the relationships between private individuals or entities, dealing with issues such as contracts, property, and family relations, distinguishing it from public law which involves the state.

Civil Law

A legal system based on written codes or statutes, in contrast to common law, which is based on judicial decisions and precedents.

Criminal Law

The body of law that relates to crime and prescribes conduct perceived as threatening, harmful, or otherwise endangering to property, health, safety, and moral welfare of people.