They enter into a strategic alliance in which they create and own a legally independent company. Business strategy . primarily seeks to achieve _____. Alliances tend to be low-risk and high-return vehicles for realizing a firm's strategy. i. Which of the following statements is true about strategic alliances with suppliers? 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. Which of the following is being exemplified in this scenario? Builds the image of the brand: Strategic alliances with leading companies improves the image of a company in the market. A Firm That Enters Long-term Alliances Is Expanding Its Strategic Flexibility By Committing To Its Alliance Partners. The research and development department of a pharmaceutical company is in the process of developing a new drug to cure Parkinson's disease. a. B. C) Explicit knowledge is shared in non-equity alliance firms. There are integration difficulties due to clashes of organizational and national cultures. Completing the CAPTCHA proves you are a human and gives you temporary access to the web property. The arrangement made by the two retail chains to combine resources and collaborate for a common objective refers to a _____. 14. c.They limit the entry of firms into foreign markets. In order to accommodate these factors, they decide to start a legally independent firm. The fixed costs and associated risks of developing new products or processes are borne by the alliance partner. Answer: True 7. b.They are a way to bring together complementary skills and assets that both companies develop. Which category of issues does the second clause address? 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. 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. b. Sepia Inc., a fertilizer company, needs permission to test its new products on plantations owned by an agro-based industry. Cloudflare Ray ID: 611f7ef48b97203f _____ strategies often employ in vertical/horizontal alliance networks. Two firms that produce industrial machinery decide to form a strategic alliance. Which of the following statement/s about management accounting is/are true? 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 strategic alliances between two international companies make it easy for foreign companies to establish their business. Which of the following statements is true about strategic alliances? Entering into strategic alliances and collaborative partnerships can be competitively valuable because. Managers typically do not devote enough time screening potential partners in financial terms. Through this measure, Plateus seeks to primarily achieve _____. Which of the following is being exemplified in this case? It forms a strategic alliance with Gray Inc. to produce new instruments designed to attract students. Plateus describes the terms and conditions of different grades of partnership on its website, allowing potential partners to choose which level fits them best. The manager of research and development, Sanah, is willing to form an alliance only with individuals she has known for a long time or a company within Pearltech's business network. C. 1. In strategic alliances, the power to make decisions is always evenly distributed amidst the firms. Marcel, the CEO of an automobile company, considers extending his research and development facility by collaborating with a multinational company. It is relied on by external users to make investment decisions. A collaborative relationship frequently is an appropriate first step on the road to a strategic alliance. Strategic Alliances Refer To Cooperative Agreements Between Potential Or Actual Competitors. However, they do not have a supplier-buyer relationship. Crimson Corp., a painting unit, collaborates with a car manufacturing company. A. i and ii B. i, ii and iii C. iii D. ii He partners with Loumang Inc., a fabric manufacturing company, to develop certain customized inputs. For the alliance to work, the partners must develop the human relationships in the partnerships. It is relied on by managers to plan and control an organisation's operations. Is it possible for an alliance to be strategic to only one of the parties in a relationship? Which of the following suppliers is it most likely to choose as a partner? B. Stylink Inc. and Plateus Inc. formed an alliance to create and own a legally independent company. a.The fixed costs and associated risks of developing new products or processes are borne by the alliance partner. Which of the following is being exemplified in this case? Performance & security by Cloudflare, Please complete the security check to access. These profits are shared among the partners in a particular ratio. Spade Investments Corp. owns a financial stake in Loisa Inc., a manufacturing company. Which of the following statements is likely to strengthen Marcel's argument? An organization wants to form a strategic alliance with another firm. Monetarist The objective of this collaboration is to combine their manufacturing facilities to achieve economies of scale during production. ii. He believes that a contractual alliance will be ideal for this collaboration, but other senior members of the management oppose a contractual alliance. Question: Which Of The Following Is A Disadvantage Of A Strategic Alliance? The alliance is formed to combine unique resources and lower transaction costs. B) Explicit knowledge is knowledge that cannot be codified. An air conditioner manufacturer, Hues Corp., decides to form a strategic alliance with a firm to source components that make up the highest percentage of total costs. There are five general criteria that differentiate strategic alliances from conventional alliances. … Entering Into A Strategic Alliance Makes It Difficult For A Firm To Enter Into A Foreign Market. Strategic alliances usually lead to one of the firms losing their relational advantage. Which of the following statements is not true of strategic alliances? The contract includes the conditions under which the contract will be closed and the consequences of closure for each partner. It ... Get solutions Victor Corp., a high-end mobile manufacturer that targets business people, decides to increase its customer base. Which of the following is exemplified in this scenario? Which of the following statements strengthens Sanah's argument? Strategic alliances usually lead to one of the firms losing their relational advantage. Which of the following defines what business or businesses the firm is in or should be in? B. -Both sides had common weaknesses. Which of the following statements is true about how an arm's-length relationship is used in strategic alliance? #8. Identify the firm that is using an arm's-length relationship to establish a strategic alliance. Gray helps design products that change how Victor is perceived by young customers. D) Equity knowledge is acquired only through actively participating in a process. _____ are governance clauses in which joint ventures must specify what percentage of equity is owned by each of the partners. a. The parent organizations create a legally independent firm. In this case, the relationship between the two firms is based primarily on _____. (p. 312) Which of the following statements about strategic alliances is true? The alliance between the two firms is an example of _____. 4. They are a way to bring together complementary skills and assets that both companies develop. c. Functional strategy . QUESTION 13 Which of the following statements is true of strategic alliances? C) In an equity alliance, a standalone organization is created that is jointly owned by two or more parent companies. Which of the following is likely to be the primary value created by this alliance? iii. Question: Which Of The Following Statements Is NOT True About Strategic Alliances? Nate, the operations head, suggests extending the prospects by looking outside their usual network.

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