A Study by a Team of McKinsey Consultants Advises Parent

question 12

Multiple Choice

A study by a team of McKinsey consultants advises parent companies to create a launch team during the launch phase-beginning with the signing of a memorandum of understanding and continuing through the first 100 days of operation.The launch team should address the four key joint venture challenges.Which is not one they name?

• A)Build and maintain strategic alignment across the separate corporate entities

• B)Coordinate the travel between the parties, particularly its leadership
• C)Create a governance system that promotes oversight
• D)Manage the economic interdependencies between the corporate parents and the joint venture
• E)Build the organization for the joint venture (e.g., staffing positions and assigning responsibilities)

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Definitions:

Personal Affairs

Pertains to matters concerning an individual's private life, including financial, legal, and familial issues.

Psychological Contract

An unwritten agreement between employers and employees outlining mutual expectations, including beliefs, perceptions, and informal obligations.

Contributions

Refers to the act of giving or adding to something larger, such as ideas, resources, or efforts, to a collective goal or project.

Inducements

are incentives or benefits offered to encourage specific actions or behaviors.