A Major Drawback of Global and Cross-Border Alliances Is That

question 7

True/False

A major drawback of global and cross-border alliances is that they do not share the cost and risk of research and development of new products.

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Definitions:

Scarce Resources

Resources that are limited in availability and cannot satisfy all the demands or requirements in a given environment.

Dependence

A situation in which someone relies on something or someone else for support or needs them in order to survive or succeed.

Prime Work Positions

Employment roles considered highly desirable due to factors like salary, status, or the opportunity for professional growth.

Intergroup Bias

A tendency to favor one's own group over other groups, often leading to favoritism and prejudice.