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Business, 10.03.2020 08:21 jessejames48

Offshore Oil Exploration Partners (OOEP) has entered into a cooperative strategy with Malay Petroleum. The resulting documents are long, formal, and detailed. They specify detailed responsibilities of each partner and include methods of monitoring accounting and technical procedures. OOEP and Malay Petroleum are using the management approach.
a. cost minimization
b. trust but verify
c. opportunity maximization
d. pragmatic realism

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