When Partnerships Are Designed to Take Advantage of Market Opportunities

question 28

Multiple Choice

When partnerships are designed to take advantage of market opportunities by combining firm assets to create new value, they are engaging in:

• A)competition-reducing strategies
• B)competition response alliances
• C)uncertainty-reducing strategies
• D)complementary strategic alliances

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Definitions:

Poor People

Individuals or groups who lack the financial resources to meet a standard of living considered comfortable or normal in their society.

Urban Dwellers

Individuals who reside within the confines of a city or metropolitan area.

Environmental Racism

Discrimination in environmental policy-making and the enforcement of regulations and laws that disproportionately affects minority communities.

Marginalized People

Individuals or groups that are denied access to various rights, resources, and opportunities, and are thus kept on the fringes of society.