Which of the Following Statements Best Describes a Strategic Alliance

question 49

Multiple Choice

Which of the following statements best describes a strategic alliance?

• A)It is a cooperative arrangement in which two or more firms combine their resources and capabilities to create new value.
• B)It is an arrangement where a firm purchases an input from another firm with no obligation to have a long-term relationship with the other firm.
• C)It is an unofficial arrangement in which two large firms cooperate unofficially to control production and prices within a certain market segment.
• D)It is a cooperative arrangement where a firm which is on the verge of shutting down sells all of its assets to another firm.

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Definitions:

Common Identity

A sense of shared identity among members of a group, which can influence social cohesion and collective behavior.

Unconscious Patronization

A subtle form of discrimination in which people with a bias unknowingly treat marginalized or minority individuals with apparent kindness that reflects a sense of superiority.

Just-World Phenomenon

The cognitive bias to believe that the world is inherently fair, leading to the assumption that individuals get what they deserve.

Unemployed People

Individuals who are currently not working but are available for and seeking employment.