Alliances Tend to Be Low-Risk and High-Return Vehicles for Realizing

question 157

True/False

Alliances tend to be low-risk and high-return vehicles for realizing a firm's strategy.

---

Definitions:

ROA

Return on Assets, a financial ratio indicating how profitable a company is relative to its total assets.

IFRS

International Financial Reporting Standards, a set of accounting standards developed by the International Accounting Standards Board (IASB) that companies use for financial reporting.

GAAP

General Accepted Accounting Principles, which are a set of accounting standards and procedures used in the US to ensure consistency in financial reporting.

U.S. Standards

Guidelines or norms established in the United States for various activities or products, often referring to quality and safety criteria.