Solaris Autos Inc., a large automobile company, made an initial small investment in a start-up company that was developing a solar-powered car. This gave Solaris Autos controlling interests in the start-up company. However, Solaris Autos had no obligations to make continued investments in the experiments of the start-up company. It could invest small amounts depending on the new product's success at each stage of its development. If the product proved to be successful, Solaris Autos would have the right to buy out the start-up company. This approach to strategic alliance is referred to as
A. credible commitment.
B. a real-options perspective.
C. a break-even analysis.
D. transaction cost economics.
Answer: B
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The commencement audience usually includes predominantly
a. the families of the graduates. b. people who paid to be there. c. employers of graduates. d. celebrities.
Palmere owed Witmore $2,000 . According to the terms of the agreement the money is due at noon on March 1 at Witmore's place of business. If Palmere tenders $2,000 in cash at the agreed place
a. on March 2, Palmere will be discharged if Witmore refuses to accept. b. at noon on March 1, Palmere will be discharged if Witmore refuses to accept. c. at noon on March 1, Palmere will be discharged if Witmore refuses to accept; however, Palmere remains liable for $2,000 but not for interest that accrued after March 1. d. at noon on March 1, Witmore must accept the payment and apply it to the $2,000 debt even if Palmere is indebted to Witmore on another account.
A nonattainment area is:
a. an area that does not meet the NAAQS b. an area that meets the NAAQS c. an area that exceeds the NAAQS d. an area where there cannot be any new construction e. an area where there are no limits on new construction
Before leaving Italy, Elaine believed that all New Yorkers were rude, loud, and apathetic to strangers. Her views changed after several months of close contact with her new co-workers. This change is a result of:
Elaine got a job transfer from Italy to New York. Soon, she started to understand the mental models held by colleagues from other cultures, as well as their emotional experiences in a given situation. Further, she started to effectively use words and behaviors that were compatible with the local culture of New York. A. stereotyping. B. contact hypothesis. C. a global mindset. D. empathy. E. disclosure.