The Management Is Thinking of Joining Hands with Its One

question 59

Multiple Choice

The management is thinking of joining hands with its one time rival, CG-VAK Software in order to gain access to new markets and technologies.By doing this, the organization is nurturing a ________.

• A) cross-functional partnership
• B) task force
• C) community of practice
• D) strategic partnership

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Definitions:

Unethical And Illegal Behavior

Actions that are morally wrong and prohibited by law, ranging from fraud and corruption to violations of human rights.

Paradox Of Voting

The situation where the individual incentive to vote (given the small chance of influencing the outcome) contrasts with the collective benefit of everyone voting.

Rent-Seeking Behavior

Rent-seeking behavior occurs when individuals or firms seek to increase their own wealth without contributing to productivity, often through political manipulation or monopolistic practices.

Government Policies

Actions and principles that a government follows or implements to achieve certain goals in the country's social, economic, and foreign affairs.