Which Type of Strategic Alliance Is Best at Passing Tacit

question 30

Multiple Choice

Which type of strategic alliance is best at passing tacit knowledge between firms?

• A)primary cooperative strategic alliances
• B)joint ventures
• C)equity strategic alliances
• D)nonequity strategic alliances

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Definitions:

Director Liability

The legal responsibility of corporate directors for actions or omissions that cause harm to the company or its shareholders.

Unlawful Distributions

Financial distributions made by a company to its shareholders that violate laws or the company's own regulations, potentially harming the company or its creditors.

Usurped Corporate Opportunity

An act where an individual takes advantage of an opportunity that rightfully belongs to a corporation, typically violating fiduciary duties.

Director Liability

The legal responsibility of a company's directors to act in the best interest of the company, with potential personal legal consequences for breaches of duty.