Answer:
e. strategic alliance
Explanation:
Strategic alliance -
It refers to a type of mutual agreement between two companies to get mutually benefited by a common project , is referred to as strategic alliance .
It is different from that of a joint venture , where the two individuals merge their resources to start a new project .
But in case of a strategic alliance the agreement between the two parties is not very complex.
The agreement can be short term as well as long term .
The agreement is signed in order to expand into the new markets .
Hence , from the given information of the question ,
The correct option is e. strategic alliance .
They don't have to pay as much interest.
Photojournalist or a smoke jumper?
Answer:
Individual
Explanation:
Individual strategic plan: It is a plan created for achieving personal goal. These plan define how important is the goal to individual and what all sacrifice that each can bear to achieve that personal goal. Before developing an individual strategic plan, it is important to evaluate personal strength and weakness.
In the given case, Procter & Gamble have produced different products with unique and separate brand name as they are using Individual strategy, so that each brand should be clear with its usage and can be helful in penetrating in market.
Answer:
Firstly i will discuss General electric philosophy. So, what happens is sometimes when you don't put pressure on managers then they become lethargic and slow. For this matter they needs reminder to stay on tip of their game. But at the same time its demotivating too.
Secondly, in Valero energy they believe in psychological safety, to make their employees feel secure and safe. It has great impact on employee performance.
Actually, company's performance is not measured by profit and loss alone. It also measures by other factors like employee safety, employee motivation, impact of policies on employees and bringing positive addition to the life of employee.
General electric is high performing company in terms of profit and revenue. They follow negative reinforcement philosophy.
Both concepts eargs the employees to perform better. But one approach is better i.e to make them feel secure and make them believe that company cares for their career, future and well being. That actually motivates the employee. In return employees works wonders for that company.
In latest HR practices, many professionals are shifting from General electric philosophy to Valero energy philosophy. Because it increases productivity of employee by positive reinforcement. Which actually is better.
