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Author Question: In making promises that are not guaranteed by third parties and in imposing penalties that are not ... (Read 86 times)

mspears3

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on: Jul 1, 2018
In making promises that are not guaranteed by third parties and in imposing penalties that are not enforced by third parties, all of the following are credibility-enhancing mechanisms except
 a. establishing a bond forfeited by violating the commitment
  b. investing in a non-redeployable reputational asset tied to the promise or threat
  c. interrupting the communication of negotiated compromises
  d. offering a warranty
  e. delivering a hostage (e.g., a patent license triggered by violating the promise)

Question 2

The implication of the prisoners' dilemma for a long-run strategy is for firms to
 a. Do nothing
  b. Differentiate your product that competitors cannot imitate
  c. Figure a way to lower their costs
  d. Both b and c


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yasmin

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Reply #1 on: Jul 1, 2018
Answer to Question 1

d

Answer to Question 2

d


mspears3

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Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)

kalskdjl1212

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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