One of the principal risks associated with a strategic alliance is that:

A. it brings together the complementary skills of alliance partners.

B. it makes it difficult for the partner firms to enter into a foreign market.

C. a firm can give away more than it receives.

D. it does not allow firms to share fixed costs.

E. it almost always fails.


C

Business

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______ are cultural obstacles that impede progress and make it difficult for the organization to adapt to different situations.

A. Change hindrances B. Diversity hindrances C. Mission hindrances D. Mergers and acquisitions hindrances

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Kristine is conducting a job evaluation. She has identified benchmark jobs, analyzed and rank-ordered them. Next, she will compare all other jobs in the organization to the benchmark jobs to determine where each one fits in the rankings. Kristine is using the ______ method of job evaluation.

A. job ranking B. point-factor C. factor comparison D. job hierarchy

Business

The United States, Canada, and Mexico are parties to the North American Free Trade Association.

Answer the following statement true (T) or false (F)

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Mitch owns a pet boarding kennel. The monthly payment on the land he purchased for his kennel, the mortgage on his small office building, and his business license are all examples of _____ costs.

A. marginal B. variable C. fixed D. promotional E. demand

Business