According to Hamel and Prahalad, Which of the Following Approaches

question 53

Multiple Choice

According to Hamel and Prahalad, which of the following approaches is being utilized by a company that gains access to the know-how developed by other companies through licensing agreements, joint ventures, or partnerships?

• A) collaborating
• B) searching for loose bricks
• C) building layers of advantage
• D) changing the rules of engagement

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Definitions:

Depressants

Depressants are substances that reduce the functioning of the central nervous system, often resulting in a sense of relaxation or drowsiness.

Stimulants

Substances that increase activity in the brain and body, resulting in increased alertness, attention, and energy.

Central-Nervous-System Activity

Refers to the processes and actions coordinated by the brain and spinal cord that include sensory information processing and triggering muscle movements.

Binge-Drinking Episode

The consumption of an excessive amount of alcohol in a short period, typically leading to significant impairment.