Greentech, Inc

question 41

Multiple Choice

Greentech, Inc., is a bioengineering firm specializing in food crops. It is considering a cooperative alliance with an Asian agribusiness firm, AsiaFoods, to jointly produce improved crops for the Asian market. The risks that Greentech should consider before entering this alliance include all of the following EXCEPT:

• A) Has AsiaFoods accurately represented its competencies?
• B) Will AsiaFoods make alliance-specific investments?
• C) Can Greentech expect opportunistic behavior from AsiaFoods?
• D) Will Greentech be able to use a cost-minimization management strategy in the AsiaFoods alliance?

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Definitions:

Globalization

the process by which businesses, cultures, and societies become more interconnected through trade, communication, and technology.

Technological

Pertaining to technology, which involves the application of scientific knowledge for practical purposes, especially in industry.

Socio-Cultural

Refers to the combination of social and cultural factors that impact individual and community behaviors, norms, and values.

Political Revolution

Political revolution refers to the fundamental and rapid change in political power and political organization, often accompanied by social and cultural shifts.