Experience Indicates That Strategic Alliances

question 59

Multiple Choice

Experience indicates that strategic alliances

• A)are generally successful.
• B)work well in cooperatively developing new technologies and new products but seldom work well in promoting greater supply chain efficiency.
• C)work best when they are aimed at achieving a mutually beneficial competitive advantage for the allies.
• D)can suffer culture clash and integration problems due to different management styles and business practices.
• E)are rarely useful in helping a company win the race for global industry leadership.

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Definitions:

Ethical Burden

Ethical burden concerns the challenging moral responsibilities and ethical choices faced by individuals, especially in positions of power or influence.

Ethical Egoism

A philosophical perspective that suggests actions are morally right if they promote one's own self-interest.

Greatest Good

A principle often associated with utilitarianism that suggests actions should be evaluated based on their consequences for the greatest number of people.

Leader-Follower Relationship

Focuses on the dynamic interactions between leaders and followers, including trust, influence, and the exchange of benefits.