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:

Suspension System

A collection of components in vehicles that provides support, absorbs shocks, and helps maintain tire contact with the road.

Bailees

Individuals or entities that have been given temporary possession but not ownership of a property under a bailment agreement.

Liability

A legal responsibility or obligation, often involving financial compensation for damage or harm caused.

Prudently

Acting with or showing care and thought for the future, typically in the management of resources or decision-making processes.