The two basic approaches to successfully manage cooperative strategic alliances involve __________ and __________.
A) cost minimization; opportunity maximization
B) monitoring systems; multiple management approaches
C) contractual systems; financial systems
D) equity approaches; nonequity approaches

Question

Quizplus · Accepted Answer

The two basic approaches to managing cooperative strategic alliances are cost minimization, which focuses on reducing costs and risks, and opportunity maximization, which aims to exploit potential opportunities and benefits from the alliance.

The Two Basic Approaches to Successfully Manage Cooperative Strategic Alliances