Crimson Corp., a painting unit, collaborates with a car manufacturing company. 2. C. For the alliance to work, the partners must develop the human relationships in the partnerships. Strategic alliances exclude functions that are bought through bidding. Is it possible for an alliance to be strategic to only one of the parties in a relationship? Question: Which Of The Following Statements Is NOT True About Strategic Alliances? A) An equity alliance is based on contractual agreements rather than partial ownership. 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 … Timber Inc. enters an exclusive partnership to ally with Teal Corp. in order to enter a foreign market. It cannot contribute the same level of financial resources, although it can contribute an extensive level of knowledge. 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. In strategic alliances, the power to make decisions is always evenly distributed amidst the firms. Which of the following is exemplified in this scenario? It is relied on by external users to make investment decisions. Test bank Questions and Answers of Chapter 15: Entry Strategy and Strategic Alliances B) Alliance management capability is based on three alliance-related tasks. Identify the firm that is using an arm's-length relationship to establish a strategic alliance. The research and development department of a pharmaceutical company is in the process of developing a new drug to cure Parkinson's disease. -The Triple Entente's main advantage was its central location in Europe. The four major categories of business customers are: producers, resellers, governments, and institutions. For the alliance to work, the partners must develop the human relationships in the partnerships. C) In an equity alliance, a standalone organization is created that is jointly owned by two or more parent companies. Although forming an alliance could be beneficial to a business, but there are also some risks of strategic alliances in business. Which of the following statements is true about firms that establish strategic alliances? A strategic alliances between two international companies make it easy for foreign companies to establish their business. Your IP: 220.127.116.11 a. Problem 19MCQ from Chapter 7: Which of the following is true of strategic alliances?A. B) They reduce the possibilities of trust and commitment. A. In the first clause, they specify how decisions will be made, how profits will be split, and how disputes will be resolved. Borpon Inc. and Biocolog Corp. are well-established biotechnology companies. _____ are governance clauses in which joint ventures must specify what percentage of equity is owned by each of the partners. Which of the following clauses specifies the above conditions? Which of the following is being exemplified in this scenario? ii. 3. Corporate strategy (p. 312) Which of the following statements about strategic alliances is true? Sepia Inc., a fertilizer company, needs permission to test its new products on plantations owned by an agro-based industry. Which of the following defines what business or businesses the firm is in or should be in? C. Strategic alliances are short-term relationships that benefit only the independent suppliers. The new company is created from resources and assets contributed by the parent firms. In return, the company is willing to pay a percentage of revenue to the agro-based industry. C. B. Cloudflare Ray ID: 611f7ef48b97203f A) Explicit knowledge is about knowing how to do a certain task. Strategic Marketing (10th Edition) Edit edition. A) They enable the exchange of both tacit and explicit knowledge. This encourages the supplier to align its incentives with Velara's needs. B. -Both sides had common weaknesses. Two firms that produce industrial machinery decide to form a strategic alliance. Nate, the operations head, suggests extending the prospects by looking outside their usual network. Pearltech Inc., an information technology company, decides to establish a business alliance in order to differentiate its products. Gray helps design products that change how Victor is perceived by young customers. 14. Plateus describes the terms and conditions of different grades of partnership on its website, allowing potential partners to choose which level fits them best. In strategic alliances, companies may choose to cooperate at any stage along the value chain. Plateus Inc., a software company, has a website that gives detailed information about partnering processes for firms that seek collaboration with Plateus. It ... Get solutions It is a part of an organisation's management information system. However, Stylink tried to exploit the alliance-specific investments made by Plateus. John requires 500 shirts of a particular fabric and quality. In the second clause, they specify how intellectual property will be shared and protected. A. Strategic alliances are formed between companies within in the same industry. Which of the following statements is true of explicit knowledge? In this case, which of the following contractual alliances should be adopted by Sepia? Which of the following suppliers is it most likely to choose as a partner? 15. Which of the following is likely to be true in this case? Which of the following statements is not true of strategic alliances? i. Which of the following statements are true of the two alliances? With such an alliance, both companies take advantage of and boost their business. Zeal Inc., a software firm, decides to enter the publishing industry. In strategic alliances, the power to make decisions is always evenly distributed amidst the firms. An alliance is likely to rely most on relationships between individuals when it is based on _____. Question: Which Of The Following Is A Disadvantage Of A Strategic Alliance? c.They limit the entry of firms into foreign markets. These profits are shared among the partners in a particular ratio. a.The fixed costs and associated risks of developing new products or processes are borne by the alliance partner. An organization enters into an alliance with a firm that is positioned at a different stage along the value chain. Entering into strategic alliances and collaborative partnerships can be competitively valuable because. A. i and ii B. i, ii and iii C. iii D. ii The cocoa sourced from Brazil along with Browns' unique recipe creates products that are differentiated based on taste and quality. ... (M&As), which of the following statements is true? Each of the parties remains an independent entity. Business strategy . What is it that makes an alliance truly strategic to a particular company? So, Zeal Inc. enters into strategic alliance with Chrome Corp., a leading e-publisher. There are 3 standard approaches are often used to jointly manage a strategic alliance, which is the true : ... but also to create higher profile in a highly competitive market” is statement by who: A. You may need to download version 2.0 now from the Chrome Web Store. C. In strategic alliances, companies may choose to cooperate at any stage along the value chain. B) Explicit knowledge is knowledge that cannot be codified. A graphic design firm and an advertising firm form a contractual alliance. The fixed costs and associated risks of developing new products or processes are borne by the alliance partner. An organization wants to form a strategic alliance with another firm. Spade's resources help the organization increase productivity, which results in increased sales and profits. 14. A Firm That Enters Long-term Alliances Is Expanding Its Strategic Flexibility By Committing To Its Alliance Partners. _____ strategies are implemented through organizational structures in which the Strategic Centre firms play a critical role. C. Performance & security by Cloudflare, Please complete the security check to access. _____ strategies are used to pursue prodcut and market diversification, one type could be Franchising. Which of the following is being exemplified in this case? The alliance is a cooperation or collaboration which aims for a synergy where each partner hopes that the benefits from the alliance will be greater than those from individual efforts. Which of the following statements is likely to strengthen Marcel's argument? If you are at an office or shared network, you can ask the network administrator to run a scan across the network looking for misconfigured or infected devices. Pharmax Inc., a pharmaceutical firm, holds annual surveys for its employees and the alliance partners' employees. The arrangement made by the two retail chains to combine resources and collaborate for a common objective refers to a _____. Which of the following statements strengthens Sanah's argument? Which of the following statements is true of an equity alliance? Which of the following is likely to be covered under the clause that deals with governance issues? They are a way to bring together complementary skills and assets that both companies develop. A global strategic alliance means cooperation between international companies and it can take various forms, such as co-funding of research projects, sharing of production facilities and marketing of each others products using current distribution networks. Monetarist C) They are characterized by single reporting lines. Strategic alliances usually lead to one of the firms losing their relational advantage. When one firm makes more transaction-specific investments in a strategic alliance than partner firms make, that firm may be subject to a form of cheating called _____ that occurs when a firm that has not made significant transaction-specific investments demands returns from an alliance that are higher than what the partners agreed to when they created the alliance. The second firm is at the same level along the value chain. Which of the following statements is true about how an arm's-length relationship is used in strategic alliance? - is true of the strategic goals of an organization. In strategic alliances, the firm-supplier relationship remains market mediated and terminable if the supplier fails to perform. Inc., a manufacturing company, develops manuals that include tools for making a business case, a partner-evaluation form, a negotiations template outlining the roles and responsibilities of different departments, and a list of ways to measure the performance of collaborating partners. They enter into a strategic alliance in which they create and own a legally independent company. Firms That Enter Into A Strategic Alliance With A Foreign Firm Tend To Face Higher Trade Barriers. B. Which of the following statements is true about firms in a joint venture? Alliances tend to be low-risk and high-return vehicles for realizing a firm's strategy. However, Sands brings more resources to the new firm than the other partner. O B. Which of the following statements is true of strategic alliances? #8. Strategic Alliances Refer To Cooperative Agreements Between Potential Or Actual Competitors. A strategic alliance is an arrangement between two companies to undertake a mutually beneficial project. Which of the following statements is true about strategic alliances with suppliers? primarily seeks to achieve _____. Which of the following is being exemplified in this case? The objective of this collaboration is to combine their manufacturing facilities to achieve economies of scale during production. There are five general criteria that differentiate strategic alliances from conventional alliances. Teal Inc., forms a strategic alliance with White Corp. Which one of the following statements regarding the basis for offensive attack on rivals is false?
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