Cost minimization and opportunity maximization are the primary goals of a cooperative strategy. Yes, firms can use both to be achieved simultaneously.
Cost-minimization technique:- the firm develops formal contracts with its partners. Those contracts specify how the cooperative method is to be monitored and how associate conduct is controlled. The aim of this method is to reduce the cooperative method’s cost and to save you opportunistic behavior by way of partners.
The opportunity-maximization technique:- focuses on a partnership’s value-advent opportunities. In this case, companions are prepared to take advantage of unexpected opportunities to analyze from every other and to explore extra marketplace place opportunities. Much less formal contracts, with fewer constraints on partners’ behaviors, make it viable for partners to discover how their assets and capabilities may be shared in a couple of value-creating ways.
Both be done simultaneously:- firms can effectively use both approaches to manage cooperative techniques. But, the fees to display the cooperative approach are extra with price minimization, in that writing certain contracts and the use of sizable tracking mechanisms is high-priced, even though the approach is meant to reduce alliance costs.
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The main motivation would be to make money...
Both have the right to own property, bear arms, and freedom of religion
Positive: -It helped get western Europe out of feudalism -The Muslims were weakened by the Crusades even though they won and were not strong enough to take over the rest of western Europe. -Advancements in medicine (when the knights were in Arab and Persian nations they saw this advancements and brought it back to Western Europe) -This brought Western Europe with Eastern Europe and laid the start of the Renaissance -We gained knowledge of architecture, literature, and geography, medicine as we mentioned, and maths. Negative: -Many people were persecuted such as the Jews -Western Europe was unable to gain control of <span>Jerusalem.</span>
Answer:structural functionalism
Explanation:
structural functionalism is a framework for building theory that sees society as a system whose different part cometogether to promote unity and stability,thus to study the specific role that religion plays in maintaining societal well-being in a particular group of people, structural functionalism is employed.
