The Competitive Attraction of Entering into Strategic Alliances and Collaborative

question 44

Multiple Choice

The competitive attraction of entering into strategic alliances and collaborative partnerships is

• A)in allowing companies to bundle resources and competencies that are more valuable in a joint effort than when kept separate.
• B)reducing costs,transferring skills,and expanding the product line.
• C)enabling greater vertical integration.
• D)in allowing the partners to transfer intellectual property rights and proprietary information.
• E)in helping the partners to increase their respective market shares.

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Definitions:

Corporate Officers

High-ranking executives appointed to manage an organization or corporation, such as CEOs, CFOs, and COOs, responsible for its day-to-day operations.

Employees

Individuals who are hired by a business or organization to perform work in exchange for compensation.

Duty to Reimburse

The obligation to pay back or compensate another party for expenses, losses, or damages incurred on one's behalf.

Authorized Expenditure

An approved expense deemed necessary and reasonable for the operation or management of a business or organization.