The Achilles' Heel (Or Biggest Danger/pitfall)of Relying Heavily on Alliances

question 3

Multiple Choice

The Achilles' heel (or biggest danger/pitfall) of relying heavily on alliances and cooperative strategies is

• A)that partners will not divide profits from the alliance in an equitable manner.
• B)becoming dependent on other companies for essential expertise and capabilities.
• C)incurring excessive administrative expenses associated with engaging in collaborative efforts.
• D)having to compromise the company's own priorities and strategies in reaching agreements with partners.
• E)that strategic allies frequently become rivals in the marketplace.

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Definitions:

Organisational Policies

Guiding principles and procedures established by a business that dictate the behavior and decisions of its employees.

Ethical Work Group

A team or group within an organization that operates in a manner consistent with moral principles and values.

Moral Quality Circle

A group dedicated to ethics and moral decision-making within an organization, focusing on maintaining high moral standards.

Shared Ethics Task Force

A group formed within an organization or across organizations to develop, implement, and maintain ethical standards and practices shared by all members.