Relative Dynamism of an Industry Can Affect an Alliance Decision

question 105

Multiple Choice

Relative dynamism of an industry can affect an alliance decision in all of the following ways except ________.

• A) stable environments are much more forgiving of mistakes
• B) stable environments allow firms to participate in more alliances
• C) stable environments allow firms the luxury of learning from their mistakes
• D) dynamic environments allow firms to participate in more alliances

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Definitions:

Common Goal

An objective or target shared by a group, which guides collective efforts.

Productive Forgetting

The beneficial aspect of forgetting that allows individuals to discard irrelevant information to enhance learning and decision-making efficiency.

Extrinsic Motivation

Motivation driven by external rewards such as money, fame, grades, or praise, rather than internal factors like personal satisfaction or enjoyment of the task itself.

Cognitive Dissonance

The mental discomfort experienced by a person who holds two or more contradictory beliefs, ideas, or values at the same time.