Discuss When Firms Go It Alone and Identify Three Conditions

question 60

Essay

Discuss when firms go it alone and identify three conditions under which alliances will be preferred to going it alone and when going it alone is not an attractive substitute for an alliance.

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Definitions:

Gottman

A psychologist known for his work on marital stability and divorce prediction, employing thorough observational methods to analyze relationships.

Relationship Damage

Harm or deterioration in an interpersonal connection, often resulting from conflict, misunderstanding, or negative interactions.

Contempt

A feeling of disdain or deep lack of respect towards someone or something considered worthless or inferior.

Life Span Developmental Theory

A psychological framework that examines the development of individuals through all phases of life, focusing on physical, cognitive, and socio-emotional changes.