In a Strategic Alliance, a Good Partner

question 43

Multiple Choice

In a strategic alliance, a good partner

• A) has capabilities that the company values but that it lacks.
• B) helps the company achieve its strategic goals.
• C) shares the firm's vision for the purpose of the alliance.
• D) is unlikely to opportunistically exploit the alliance.
• E) has all of these advantages listed.

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Definitions:

Duopoly

A market structure characterized by two producers or sellers dominating a particular industry or sector.

Profit

is the financial gain made in a transaction or business operation, calculated as the difference between revenue and costs.

Collude

The act of cooperating or conspiring, especially in a deceitful way, typically between competitors to fix prices or rig markets.

Oligopolists

Oligopolists are firms in a market where a small number of competitors hold significant market share, enabling them to influence market conditions.