GreenCure Pharma Inc.wanted its research partner,an R&D company,to develop a cancer vaccine.However,the project required huge capital investments,and its research partner was not ready to solely face the risks involved.Thus,to gain its partner's confidence and to prove its involvement,GreenCure Pharma invested $100 million in the project.This investment made by GreenCure Pharma will result in a

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The strategic decision made by GreenCure Pharma would be referred to as a credible commitment. A credible commitment is a long-term strategic decision that is both difficult and costly to reverse.