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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Answer:
The three different branches of government include Legislative, Judiciary, and Executive. The different branches work with checks and balances to keep each other "in check." THinking about it, is that where the phrase, "in check" comes from?
Why each are important:
The Legislative makes the laws. (Congress, Senate, and House of Representatives)
The Executive enforces the laws.
THe Judiciary interprets the laws.
Answer:
Frustration-Agression Principle.
Explanation:
The Frustration-Agression principle can be understood as the theory that states that the subjective feeling of frustration often leads to individuals exhibiting aggresive behaviors.
Frustration is a feeling of irritation and potent annoyance when an external (or sometimes internal) event prevents the individual from achieving a certain goal.
Aggresion is a malicious act directed to another person or object.
In this particular case, Jorge is a pitcher that in the last inning gave up a home run. He then experienced frustration and afterwards he hit a batter with a fast ball (Agressive behavior).
Jorge's behavior illustrates: The Frustration-Agression principle.
