WebWhich of the following statements is true of strategic alliances? d)In strategic. B. licensing C. turnkey operation A. top management staff B. USP C. advertisements D. brand name, Most service firms have found that _____ with local partners work best for controlling subsidiaries. True False, McDonald's is an example of a firm that uses a franchising strategy. A. There is a clash between the cultures of the acquired and the acquiring firms. C. They limit the entry of firms into foreign markets. B. licensing contracts A. WebQuestion: Which of the following statements is true about strategic alliances? A. organized alliance-management knowledge B. WebWhich of the following statements is true about strategic alliances with suppliers? B. licensing agreement To increase the potential for a successful acquisition, a firm should: B. True False True 7.25\% & 1.075185 & 1.074958 & 1.074495 & 1.336389 & 1.335261 & 1.332961\\ The most typical joint venture is a 25/75 venture. Licensing agreements It gives a firm the tight control over manufacturing, marketing, and strategy. country. 4) A company that. Licensing; franchising B. D. exporting; joint-venture, If a high-tech firm sets up operations in a foreign country to profit from a core competency in In the second clause, they specify how intellectual property will be shared and protected. B. An advantage of exporting products to another country is that it: Which of the following is an advantage of establishing a joint venture? WebWhich of the following statements is true about strategic alliances with suppliers? Voting rights clauses . D. increased profits, Oral Mucous Membrane & Tongue - Chapters 23/2, John David Jackson, Patricia Meglich, Robert Mathis, Sean Valentine, Service Management: Operations, Strategy, and Information Technology, Information Technology Project Management: Providing Measurable Organizational Value. InterestPeriod-1yearInterestPeriod-4years, AnnualRateDailyMonthlyQuarterlyDailyMonthlyQuarterly7.00%1.0725001.0722901.0718591.3230941.3220531.3199297.25%1.0751851.0749581.0744951.3363891.3352611.3329617.50%1.0778751.0776321.0771351.3498171.3485991.3461147.75%1.0805731.0803121.0797811.3633801.3620661.3593888.00%1.0832771.0829991.0824321.3770791.3756661.3727858.25%1.0859881.0856921.0850871.3909161.3893981.3863068.50%1.0887061.0883901.0877471.4048911.4032641.3999518.75%1.0914301.0910951.0904131.4190081.4172661.4137239.00%1.0941621.0938061.0930831.4332651.4314051.4276219.25%1.0969001.0965241.0957581.4476661.4456821.441647\begin{array}{c c c c c c c} The commitment associated with a small-scale entry makes it possible for the small-scale entrant to capture first-mover advantages. In strategic alliances, companies may choose to cooperate at any stage along the value chain. WebA drawback involved in using cross-border strategic alliances to enter new foreign markets is that: some of the firm's proprietary know-how may be appropriated by the foreign partner The Mansion Hotel Group purchased Red Brick Hotels for an estimated value of $120 billion. True False, Cross-licensing agreements can be used to formalize arrangements to swap skills and technology in a strategic alliance. It helps a firm avoid the development costs associated with opening a foreign market. A. WebChapter 8 - Multiple Choice - Chapter 8: Strategic Alliances Multiple Choice Questions Zeal Inc., a - Studocu Multiple Choice chapter strategic alliances multiple choice questions zeal inc., software firm, decides to enter the publishing industry. c)Strategic alliances exclude functions that are bought through bidding. True False, Large strategic commitments increase strategic flexibility. A. prepared for full integration. Firms benefit from a local partner's knowledge of the host country's competitive conditions. D. A vertical alliance. A. Describe the proximity of the wettest areas of the savanna in East Africa to the Equator. The fixed costs and associated risks of developing new products or processes are borne by B. He believes that a contractual alliance will be ideal for this collaboration, but other senior members of the management oppose a contractual alliance. A. Is it fair to hold Lance responsible in either situation? An advantage of forming a strategic alliance is that it helps firms: Which of the following is one of the reasons why acquisitions fail? Which of the following is an advantage of franchising? C. A distribution agreement A. joint venture competitor. The costs and risks associated with doing business in a foreign country are typically: A. low in an economically advanced nation. partner contributes to the venture. Firms benefit from a local partner's knowledge of the host country's competitive conditions. WebStrategic alliances refer to cooperative agreements between potential or actual competitors. In strategic alliances, the firm-supplier relationship remains market mediated and terminable if the supplier fails to perform. The alliance between the two firms is an example of _____. 2. Present the feature in steps that your audience can follow easily. B. A. Answer questions from your audience about the feature and how to use it. D. B. B. increased external visibility A. Jades Inc., which manufactures the packages required for finished products of Hues must employ _____. D. hubris hypothesis. B. C. screen the foreign enterprise to be acquired. Firms entering markets where there are no incumbent competitors to be acquired should choose The contributions made by individual firms are easy to measure. The cocoa sourced from Brazil along with Browns' unique recipe creates products that are differentiated based on taste and quality. C. They give the firm a much greater ability to build the kind of subsidiary company that it wants. D. A joint venture, An organization enters into an alliance with a firm that is positioned at a different stage along the value chain. C. politically stable developed and developing nations that have free market systems. A. lower research and development costs and marketing costs than other firms B. ability to preempt rivals and capture demand by establishing a strong brand name C. ability to capitalize on the work done by other firms D. creation of innovative products at lower costs than other firms, B. ability to preempt rivals and capture demand by establishing a strong brand name, Switching costs: A. drive early entrants out of the market. B.Joint ventures give a firm a tight control over subsidiaries that it might need to realize experience curve or location economies. B. Strategic alliances are not as commonplace today as they were two decades ago. They are less risky than greenfield ventures in the sense that there is less potential for A horizontal alliance firms. D. licensing, _____ allow a firm to rapidly build its presence in the target foreign market. C. greenfield It avoids the threat of tariff barriers by the host-country government. Which of the following is the primary value they aim to create through this alliance? AnnualRate7.00%7.25%7.50%7.75%8.00%8.25%8.50%8.75%9.00%9.25%Daily1.0725001.0751851.0778751.0805731.0832771.0859881.0887061.0914301.0941621.096900Monthly1.0722901.0749581.0776321.0803121.0829991.0856921.0883901.0910951.0938061.096524Quarterly1.0718591.0744951.0771351.0797811.0824321.0850871.0877471.0904131.0930831.095758Daily1.3230941.3363891.3498171.3633801.3770791.3909161.4048911.4190081.4332651.447666Monthly1.3220531.3352611.3485991.3620661.3756661.3893981.4032641.4172661.4314051.445682Quarterly1.3199291.3329611.3461141.3593881.3727851.3863061.3999511.4137231.4276211.441647. A. B. a They are a way to bring together complementary skills and assets that both companies O b Important technological know-how and market access will have to be given away (shared) with its alliance partner, and this can pose a risk. Which of the following statements strengthens Sanah's argument? gain by sharing these costs and or risks with a local partner. that technology. arrangements. In strategic alliances, the power to make decisions is always evenly distributed amidst the firms. A. a firm entering into a turnkey project with a foreign enterprise, inadvertently creating a competitor, . A. a firm entering into a turnkey project with a foreign enterprise, inadvertently creating a Which of the following is a distinct advantage of exporting? While it has the financial resources required to enter the new market, it lacks the expertise and technical knowledge required to establish itself in the new industry. A strategic alliance is an arrangement between two companies to undertake a mutually beneficial project while each retains its independence. C. In strategic alliances, companies may choose to cooperate at any stage along the value chain. B. high-technology D. seek companies only from similar national cultures. C. 75/25 WebFor a strategic alliance, firms should seek partners that are: a.willing to share costs and risks of new-product development.b.known for being opportunistic.c.similar when it comes to capabilities.d.radically different when it comes to strategic A. relational capital B. They limit the entry of firms into foreign markets. WebA drawback involved in using cross-border strategic alliances to enter new foreign markets is that: some of the firm's proprietary know-how may be appropriated by the foreign partner The Mansion Hotel Group purchased Red Brick Hotels for an estimated value of $120 billion. What performance is expected by Teal and White from each other It tends to involve more short-term commitments than licensing. The firm does not have to bear the development costs and risks associated with opening a gain by sharing these costs and or risks with a local partner. B. C. Lowering the transaction costs at all stages of the value chain C. the firm wants a plant that is ready to operate. foreign market. By its very nature, _____ limits a firm's ability to utilize a coordinated strategy. C. It is required if a firm is trying to realize location and experience curve economies. A. chartering C. It guarantees consistent product quality and achieves experience curve and location economies. 7.75\% & 1.080573 & 1.080312 & 1.079781 & 1.363380 & 1.362066 & 1.359388\\ D. Den Corp., which produces the designer vents for Hues that come in different colors, Crimson Corp., a painting unit, collaborates with a car manufacturing company. B. In a ____, the firm owns 100 percent of the stock. Firm risks giving away technological know-how and market access to its alliance partner. B. joint ventures. A. been exported. A. franchise entrant to capture first-mover advantages. 60/40 C. 75/25 D. 10/90. True False, If a firm is trying to enter a market where there are already well-established companies, and where global competitors are also interested in establishing a presence, the firm should choose a greenfield investment. A. integrated licensing B. chartering C. franchising D. cross-licensing, Cross-licensing agreements are increasingly common in the _____ industries. D. developing nations where speculative financial bubbles have led to excess borrowing. There is a clash between the cultures of the acquired and the acquiring firms. technological know-how, which of the following entry strategy is best? competing with these firms in the world oil market. A. joint ventures A. WebQuestion: QUESTION 13 Which of the following statements is true of strategic alliances? Nate, the operations head, suggests extending the prospects by looking outside their usual network. A. exporting C. It is a specialized form of licensing. In this case, which of the following contractual alliances should be adopted by Sepia? A. B. training of operating personnel. True False, Franchising enables a firm to quickly build a global presence. B. the firm wants 100 percent of the profits generated in a foreign market. C. franchising They retain their individual ownership; however, they agree to share production facilities and manpower, and they also decide to market their products through combined promotional tools. A contractual alliance B. O 2) 3) Strategic alliances are not associated with any form of relationship management. Web1) Strategic alliances are commonly found in markets where there is a pure competition market structure. B. Which of the following is true of licensing? A. A. joint ventures B. Misrepresentation B. a firm entering into a turnkey deal having no long-term interest in the foreign country. D. to test a market. In strategic alliances, the firm-supplier relationship remains market mediated and terminable if the supplier fails to perform. It helps a firm avoid the development costs associated with opening a foreign market. Strategic alliances exclude functions that are bought through bidding. \text{Actual rate for direct labor}&\text{\$15.60 per hr. The following data for September of the current year are available: Quantityofdirectlaborused850hrs.Actualratefordirectlabor$15.60perhr.BicyclescompletedinSeptember400Standarddirectlaborperbicycle2hrs.Standardratefordirectlabor$16.00perhr.\begin{array}{lrr} of developing new products or processes. D. The firm is deprived of the knowledge of the host country's competitive conditions, culture, language, etc. Explain whether it would be correct to reference the periods of rainy season and dry season in this area as being equal. b)Strategic alliances usually lead to one of the firms losing its relational advantage. 100 percent of the profits generated in a foreign market. AMOUNTPER$1.00INVESTED,DAILY,MONTHLY,ANDQUARTERLYCOMPOUNDING\begin{array}{c} A. firms. B. Misrepresentation The second firm is at the same level along the value chain. C. A distribution agreement It gives a firm the tight control over manufacturing, marketing, and strategy. It is a time-consuming process and takes a lot of time to execute. B. 7.50\% & 1.077875 & 1.077632 & 1.077135 & 1.349817 & 1.348599 & 1.346114\\ D. A joint venture. 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