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:misattribution; reasons-generated attitude change
Explanation:Misattribution occurs when we attribute certain situations to something which isn't related to them or when there is no relation between the two. This lead to making wrong attribution.
Reasons-generated attitude change
This occurs when we base our action on the attitude we feel at that moment because we believe our attitude is reasonable enough and easy to state.
Answer: False
Explanation: Proxemics is the term used to describe the physical space or distance we maintain between others and ourselves.
Answer: Negative Practice
Explanation:
Negative practice is known as the reciprocal of the overcorrection under which an individual is tends to perform or imitate the behavior repeatedly which is self limiting. On the other hand overcorrection is known to be or described as the punishment. It is referred to as application or result of a negative event. It is utilized in order to reduce self-injurious, annoying, and disruptive behaviors.
