For a Small Business, Which Step Will Increase the Chance

question 95

Multiple Choice

For a small business, which step will increase the chance for success of a strategic alliance?

• A)Be protective of any proprietary materials shared with the other company.
• B)Discuss the proposed alliance in enough detail that limited adjustments are needed after beginning the alliance.
• C)Make sure the alliance is clearly a "win-win" opportunity.
• D)All of these steps will increase success.

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Definitions:

Human Resource Planning

The process of forecasting an organization’s future demand for, and supply of, the right type of people in the right number.

Short-Term Change

Alterations or adjustments within an organization that are expected to take place or have effects over a brief period.

Forecasting Techniques

Various methods utilized to estimate or predict future trends based on current data and analysis, applicable in finance, weather prediction, supply chain management, and more.

Planned Change

A deliberate effort to improve a system or process according to a specific set of objectives.