Building Organizational Bridges with External Allies Is Aided by

question 12

Multiple Choice

Building organizational bridges with external allies is aided by

• A)appointing "relationship managers" and giving them responsibility for making particular strategic partnerships or alliances generate the intended benefits.
• B)agreeing with allies to meet frequently and make all decisions pertaining to the alliance on the basis of mutual agreement and consensus.
• C)getting each strategic ally to agree to appoint someone as head of the collaborative effort and to give that person the authority to enforce tight coordination of joint activities.
• D)forming a 50-50 joint venture with each strategic partner, and then assigning people to the joint venture that has the authority and responsibility to enforce tight coordination.
• E)entering into a written agreement detailing the roles and responsibilities of the company and the ally/partner, setting forth the results that are expected, establishing deadlines for achieving these results, and designating the people who are to be responsible for making the collaborative effort work successfully.

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Definitions:

Compound Interest

Compound interest is the interest calculated on the initial principal and also on the accumulated interest of previous periods of a deposit or loan.

Present Value

The value today of a sum of money or cash flow expected in the future, adjusted for a particular return rate.

Earnings Rate

The rate of return on investment or the rate at which profits are generated from a business or investment.

Cash Payback Period

The time it takes for an investment to generate enough cash flow to recover its initial cost, used in capital budgeting.