Asked by Shannon Faroudi on Mar 10, 2024
Verified
In order to collaborate with Widget Corp. and Zencorp, Instamatic Inc. sets a framework that specifies when each organization is needed in the collaborative effort. It is evident that Instamatic Inc. is _____.
A) conducting due diligence
B) developing shared language
C) creating entrance strategies
D) performing valuation analysis
Entrance Strategies
Plans or methodologies used by businesses to enter new markets or industries effectively.
Collaborative Effort
The act of working with someone else or a group to achieve or do something.
Framework
a basic structure underlying a system, concept, or text, intended to provide support and guidance.
- Understand the essential nature of entrance and exit strategies in collaborative efforts towards sustainability.
Verified Answer
KG
Kalden GonsarMar 10, 2024
Final Answer :
C
Explanation :
Creating entrance strategies involves setting a framework that specifies when each organization is needed in a collaborative effort, ensuring that each party understands their role and timing in the collaboration.
Learning Objectives
- Understand the essential nature of entrance and exit strategies in collaborative efforts towards sustainability.
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