Credible Commitments

question 27

Multiple Choice

Credible commitments

• A) are believable promises or pledges to support the development of a long-term relationship between companies.
• B) facilitate diversification based on acquisitions and restructuring.
• C) facilitate competitive bidding.
• D) facilitate vertical integration.
• E) reduce the risk of losing proprietary technology to a venture partner and facilitate vertical integration.

---

Definitions:

Project Teams

Groups assembled with specific skills to work collaboratively on designated projects, focusing on achieving the project's objectives.

Virtual Teams

Groups of people who work together from different geographic locations, connected by technology such as video conferencing, email, and messaging apps.

Vehicle Weight

The total mass of a vehicle, including all components and cargo but excluding the mass of any passengers or items not permanently attached.

Absorb Bumps

The ability of a vehicle's suspension system to dampen the impact from road irregularities, providing a smoother ride.