HydroCan and Ozo of Asia work together to research and develop water filtration. They have been manufacturing two water filters in the Asia plant. With regard to this strategic alliance, which of the following is true?
A clear vision of the future of the venture must be held by at least one of HydroCan or Ozo for it to be a success.
Partner compatibility is guaranteed by financial agreements at the outset.
The satisfaction of Ozo must be assured for it to work, since it is the most influential party.
Each party agrees to cooperate for mutual benefit.
All of these are true.

Question

Quizplus · Accepted Answer

The Answer of HydroCan and Ozo of Asia work together to research and develop water filtration. They have been manufacturing two water filters in the Asia plant. With regard to this strategic alliance, which of the following is true?
A clear vision of the future of the venture must be held by at least one of HydroCan or Ozo for it to be a success.
Partner compatibility is guaranteed by financial agreements at the outset.
The satisfaction of Ozo must be assured for it to work, since it is the most influential party.
Each party agrees to cooperate for mutual benefit.
All of these are true.

HydroCan and Ozo of Asia Work Together to Research and Develop