Which of the Following Is Not Part of a Good

question 12

Multiple Choice

Which of the following is not part of a good guideline list for managing strategic alliances?

• A) establishing a clear understanding between partners
• B) not shortchanging your partner
• C) relying primarily on a contract to make the joint venture work
• D) working hard to ensure a collaborative relationship between partners

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Definitions:

Long-Term Incentives

Compensation plans designed to reward employees over a longer period, often tied to the company's performance, to foster commitment and align employees' interests with those of the company.

Lump-Sum Bonuses

One-time payments given to employees as a reward for exceptional performance, separate from their regular salary.

Profit Sharing

A company policy where employees receive a share of the company's profits, typically provided as a portion of annual income.

Performance-Based Systems

Systems that measure and reward employees based on their work performance and achievements.