What are the necessary conditions for selecting a partner for successful alliance formation?
What will be an ideal response?
Partner compatibility and partner commitment are necessary conditions for successful alliance formation. Partner compatibility captures aspects of cultural fit between different firms. Partner commitment concerns the willingness to make available necessary resources and to accept short-term sacrifices to ensure long-term rewards.
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The straight-line formula for a linear relationship is y=a + bx
Indicate whether the statement is true or false
The operating cycle involves the purchase and sale of merchandise inventory as well as the subsequent collection of cash from credit sales
Indicate whether the statement is true or false
If Kelly and the seller cannot come to terms on pricing or any other equivalent factors, which of the following is the most likely outcome of the negotiation?
A) The seller will give in and accept the price the buyer wants to pay. B) The buyer and seller will use a random method to decide whose terms to use. C) The buyer and seller will walk away from the negotiation without closing a sale. D) The buyer and seller will take the disagreement to an outside mediator. E) The buyer will give in and pay the full price asked by the seller.
Which management format is associated with decision making being limited to top management or ownership?
a. professional manager system b. centralized c. owner-manager system d. decentralized