Which of the Following Statements About Strategic Partnerships Is True

question 12

Multiple Choice

Which of the following statements about strategic partnerships is true?

• A) Strategic partnerships are not found anywhere outside the United States.
• B) Members of strategic partnerships have a high level of dependence on and trust in each other.
• C) Strategic partnerships typically have a shorter time horizon than functional relationships.
• D) Strategic partnerships have lower levels of risk than functional relationships.
• E) The strategic partnership can best be described as competitive.

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Definitions:

Bureaucratic

Referring to a system of administration marked by strict policies, procedures, and hierarchy, often leading to delays and inflexibility.

Organic

A form of organizational structure characterized by flexibility, decentralized decision-making, and a broad scope of operations.

Decentralized

Describes organizations or systems where decision-making powers are distributed among various levels or departments rather than being concentrated in a single point of authority.

Span Of Control

The number of subordinates that a manager or supervisor can effectively oversee, control, or manage directly.