What is the "dual nature" of strategic alliances?
What will be an ideal response?
Alliances serve both a cooperative and a competitive role. Ventures start on the surface as cooperative agreements. There is a dynamic tension under the surface, as venture partners have the potential to become new competitors—competitors with significant knowledge of their partner's operations and strategy.
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Phone Tech, a global phone company, frequently needs to respond quickly to the fast-changing consumer tastes with its phones. Therefore, management has fewer rules and procedures than most organizations, and networks of employees are encouraged to cooperate and respond quickly to unexpected tasks and changes in technology. Phone Tech is utilizing a(n) ________ structure.
a. mechanistic b. inflexible c. hierarchical d. inelastic e. organic
When the Fed sells treasury securities it increases the money supply.
a. true b. false