HydroCan and Ozo of Asia work together to research and develop water filtration. They have been manufacturing two water filters in the Asia plant. With regard to this strategic alliance, which of the following is true?
A) A clear vision of the future of the venture must be held by at least one of HydroCan or Ozo for it to be a success.
B) Partner compatibility is guaranteed by financial agreements at the outset.
C) The satisfaction of Ozo must be assured for it to work, since it is the most influential party.
D) Each party agrees to cooperate for mutual benefit.
E) All of these are true.

Question

Quizplus · Accepted Answer

The strategic alliance between HydroCan and Ozo is based on mutual benefit, which means that each party agrees to cooperate to achieve common goals. A clear vision of the future is important, but it doesn't have to be held by one specific party. Financial agreements cannot guarantee partner compatibility, and it's not true that Ozo is the most influential party. Therefore, the most accurate statement is that both parties are committed to working together for mutual benefit.

HydroCan and Ozo of Asia Work Together to Research and Develop