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Lana Dubois Inc. is a large skincare company that made an initial small investment in a startup company, Greener Tan, which was developing an
Lana Dubois Inc. is a large skincare company that made an initial small investment in a startup company, Greener Tan, which was developing an organic sunscreen. This gave Lana Dubois controlling interests in the startup company. However, Greener Tan soon began to have financial difficulties because of principal-agent problems. As a result, Lana Dubois did not invest in the next stage of development and pulled out of the company. This approach to strategic alliance is referred to as a O a. partial joint venture. O b. break-even analysis. O c. credible commitment. O d. real-options perspective.
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