High levels of trust allow less formal contracts to govern the relationship between alliance partners and increase the likelihood of alliance success.

Name: High levels of trust allow less formal contracts to govern the relationship between alliance partners and increase the likelihood of alliance success.
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Question

Quizplus · Accepted Answer

High levels of trust can reduce the need for detailed formal contracts, as partners are more likely to cooperate and resolve conflicts amicably, enhancing the success of the alliance.

High Levels of Trust Allow Less Formal Contracts to Govern