Dynamic Alliance Networks Work Best in Industries

question 100

Multiple Choice

Dynamic alliance networks work best in industries:

• A) characterized by frequent product innovations and short product life cycles.
• B) that are mature and stable in nature.
• C) where the coordination of product and global diversity is critical.
• D) that are characterized by predictable market cycles and demand.

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Definitions:

Profit Sharing

A company program that gives employees a share in the profits of the company, typically as a portion of their annual salary or as a bonus payment.

Reimbursement

To pay back or compensate for money spent, or losses or damages incurred; payment for provider services (from insurance company).

Compensation

Anything given as an equivalent or to make amends; pay.

Insurance Company

A financial institution that provides risk management through the mechanism of insurance contracts, covering various types of risks including health, property, and life.