The chapter Strategic Focus about the TNK-BP joint venture between three Russian oil tycoons and British Petroleum illustrated which of the following risks of cooperative strategies?
A) Having a true perception of the partner's trustworthiness.
B) Failing to make available to its partners the resources and capabilities that it committed to the cooperative strategy.
C) The partner misrepresenting competencies it can bring to the partnership.
D) Opportunistic behavior and failure to make investments that are specific to the alliance.

Question

Quizplus · Accepted Answer

The chapter illustrates the risk of opportunistic behavior and failure to make investments that are specific to the alliance, as the three Russian oil tycoons did not invest the promised amount in TNK-BP and attempted to gain control of the company. Option A is not discussed in the chapter, option B is not applicable, and option C is not explicitly mentioned as a risk in the TNK-BP case.

The Chapter Strategic Focus About the TNK-BP Joint Venture Between