Which of the Following Was Identified in the Textbook as an Advantage

question 66

Multiple Choice

Which of the following was identified in the textbook as an advantage of participating in strategic alliances and joint ventures?

• A) risk and cost sharing
• B) loss of organizational flexibility
• C) partners' cultures may clash
• D) risk becoming dependent on a partner
• E) loss of proprietary information

---

Definitions:

Reliability

Reliability in the context of products or services refers to the consistency of performance over time and the likelihood of failing to function as intended.

Data Protection Directive

A regulatory framework in the European Union designed to protect individuals' personal data and regulate the processing of such data.

Consumer Privacy Law

Legislation that protects the personal information and privacy of consumers, regulating how businesses can collect, use, and store customer data.

European Union

A political and economic union of 27 European countries that have chosen to cooperate in areas like trade, security, and legal matters.