Asked by Sally Suzie on Jul 18, 2024
Verified
Alek Inc. and Allied Tech have worked together toward sustainability for the past 10 years. Because of a difference in their respective visions, the companies plan to disengage from the collaboration. Which of the following will most likely help the companies know when they've reached an appropriate time to disengage?
A) Assessing entry options
B) Developing shared language
C) Creating exit strategies
D) Performing valuation analysis
Exit Strategies
Plans or methods developed by an investor or business owner to sell their stake in a company or to end an investment.
Disengage
The process of withdrawing or detaching oneself from involvement in a particular activity, situation, or group.
Shared Language
A common mode of communication among a group of people, which can include verbal language or other forms of communication such as signs or symbols.
- Acknowledge the critical role of exit and entrance tactics in joint sustainability endeavors.
Verified Answer
KV
Katherine VickersJul 22, 2024
Final Answer :
C
Explanation :
Creating exit strategies is crucial for knowing when and how to appropriately disengage from a collaboration, as it outlines the conditions and processes for ending the partnership.
Learning Objectives
- Acknowledge the critical role of exit and entrance tactics in joint sustainability endeavors.