Two Factors That Have a Positive Influence on Strategic Alliance

question 4

Multiple Choice

Two factors that have a positive influence on strategic alliance performance are:

• A) Clear organizational arrangements for the alliance
• B) A philosophy of organizational learning
• C) Strong contractual clauses
• D) Credible commitments

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Definitions:

Equilibrium Price

The price at which the quantity of goods supplied is equal to the quantity of goods demanded.

Equilibrium Quantity

The quantity of goods or services supplied is equal to the quantity demanded at the market price.

Shift Demand

A change in the amount of a product that consumers are willing and able to purchase at any given price level, typically caused by changes in consumer preferences, income, or prices of related goods.

Substitute Good

A product or service that can be used in place of another to satisfy consumer demand or preferences.