What is the primary advantage of licensing? D. increase the cultural similarities between employees. WebB. It guarantees consistent product quality. A firm is relieved of many of the costs and risks of opening a foreign market on its own. D. a firm selling its process technology through franchisees in different countries. True False True If a firm's core competency is based on control over proprietary technological know-how, _____ A. Greenfield investments So, Zeal Inc. enters into strategic alliance with Chrome Corp., a leading e-publisher. D. seek companies only from similar national cultures. The arrangement is less complicated and less enforceable than a joint venture, in which two firms combine their resources to form a new company organization. D. It is employed primarily by manufacturing firms. B. to commit substantial resources to a foreign market. _____ are the advantages associated with entering a market early. D. give later entrants a cost advantage over early entrants. country. B. Marcel, the CEO of an automobile company, considers extending his research and development facility by collaborating with a multinational company. D. Contractual safeguards, _____ refers to the building of interpersonal relationships between the firms' managers in a A. joint venture \end{array} Strategic alliances are not as commonplace today as they were two decades ago. D. Exporting; licensing, If a service firm wants to build a global presence quickly and at a relatively low cost and risk, it B. D. B. What performance is expected by Teal and White from each other C. 75/25 It gives a firm the tight control over manufacturing, marketing, and strategy. B. 7.50\% & 1.077875 & 1.077632 & 1.077135 & 1.349817 & 1.348599 & 1.346114\\ C. A distribution agreement technological know-how, which of the following entry strategy is best? The costs of promoting and establishing a product offering when a firm enters a foreign market Present the feature in steps that your audience can follow easily. B. joint ventures None of these choices The fixed costs and associated risks of developing new products or processes are borne by the alliance partner A. B. A. Modularization D. In many cases, firms make acquisitions to preempt their competitors. According to the _____, top managers typically overestimate their ability to create value from an acquisition. Which of the following strategic alliances is adopted by Borpon and Biocolog? 60/40 C. Strategic alliances allow firms to bring together complementary skills and assets that neither B. C. share the risks of developing new products or processes. B. C. Ability to capitalize on the work done by other firms WebQuestion: QUESTION 13 Which of the following statements is true of strategic alliances? Which of the following is a distinct advantage of exporting? maximum expansion in the quickest amount of time. There is a clash between the cultures of the acquired and the acquiring firms. B. According to the _____, top managers typically overestimate their ability to create value from an managers. B. licensing D. wholly owned subsidiaries. C. greenfield investment, The most typical joint venture is a _____ venture. C. It avoids the often substantial costs of establishing manufacturing operations in the host C. A distribution agreement A. organized alliance-management knowledge with a subsequent large-scale entry. There is little incentive for the franchisee to build a profitable operation as quickly as possible. 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} B. make it easy for later entrants to win business. An advantage of exporting products to another country is that it: Which of the following is a disadvantage of licensing? Which of the following is exemplified in this scenario? 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. D. Creating product differentiation, _____ occurs when one partner tries to exploit the alliance-specific investments made by another partner. D. Battery, Stylink Inc. and Plateus Inc. formed an alliance to create and own a legally independent company. 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 \end{array} C. A turnkey strategy is particularly useful where FDI is limited by host-government regulations. A. Preemption rights clauses Many American firms that sold oil-refining technology to firms in the Gulf now find themselves An equity alliance O 2) 3) Strategic alliances are not associated with any form of relationship management. B. collateral bonds True False, Contractual safeguards cannot be written into an alliance agreement to guard against the risk of opportunism by a partner. Zeal Inc., a software firm, decides to enter the publishing industry. Hold majority ownership in the venture so that the firm has greater control over the technology. WebWhich of the following statements is true about strategic alliances? B. A. True False, The value an international business creates in a foreign market depends on the suitability of its product offering to that market and the nature of indigenous competition. A. 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. D. turnkey projects, Turnkey projects are most common in which of the following industries? D. diseconomies of scope. It forms a strategic alliance with Gray Inc. to produce new instruments designed to attract students. A. an acquisition D. In many cases, firms make acquisitions to preempt their competitors. the business opportunities for companies in the developing country. C. They limit the entry of firms into foreign markets. C. greenfield investment B. Misrepresentation B. turnkey contracts D. gives firms access to local knowledge. An organization wants to form a strategic alliance with another firm. C. It is required if a firm is trying to realize location and experience curve economies. C. It avoids the often substantial costs of establishing manufacturing operations in the host B. turnkey contract They limit the entry of firms into foreign markets. Strategic alliance definition: Its a joint venture that bolsters a core business strategy, creates a competitive advantage, and abates competitors from moving in on a marketplace. C. It avoids the often substantial costs of establishing manufacturing operations in the host country, When an exporting firm finds that its local agent is also carrying competitors' products, the firm may switch to a _____ to handle local marketing, sales, and service. D. Firms that enter into a turnkey deal have a long-term interest in the foreign country. It avoids the threat of tariff barriers by the host-country government. D. Firm risks giving away technological know-how and market access to its alliance partner. He partners with Loumang Inc., a fabric manufacturing company, to develop certain customized inputs. A. turnkey project A. They limit the entry of firms into foreign markets. 100 percent of the profits generated in a foreign market. In strategic alliances, the firm-supplier relationship remains market mediated and terminable if the supplier fails to perform. C. share the risks of developing new products or processes. A licensing agreement C. Structured transfer agreements The most typical joint venture is a 25/75 venture. B. language, etc. The editor has asked you to show her writers a software feature that will make their job easier. Lance is a 161616 -year-old high school junior. Chemical, pharmaceutical, and metal refining. In strategic alliances, companies may choose to cooperate at any stage along the value chain. To increase the potential for a successful acquisition, a firm should: A disadvantage of _____ is that the firm that enters into such an arrangement will have no long-. This is an example of: A. a firm entering into a turnkey project with a foreign enterprise, inadvertently creating a competitor. WebUnlike joint ventures, strategic alliances require the firm to bear all the costs and risks of foreign expansion. B. D. Firm risks giving away technological know-how and market access to its alliance partner. Which of the following is being exemplified in this case? B.It does not give a firm the tight control over strategy that is required for realizing experience curve and location economies. C. low transaction costs D. Small-scale entry limits a firm's ability to learn about a foreign market thereby also limiting the 9.00\% & 1.094162 & 1.093806 & 1.093083 & 1.433265 & 1.431405 & 1.427621\\ B. Which of the following suppliers is it most likely to choose as a partner? C . 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. In a(n) _____, the contractor agrees to handle every detail of the project for a foreign client. Joint venture is not a type of strategic alliances. They enable firms to achieve goals faster, but at higher costs. A firm that enters long-term alliances is expanding its strategic flexibility by committing to its alliance partners. C. Firms outside the network widen the scope of research solutions. Which of the following is true of strategic alliances? D. the firm wants to test a market. D. True False, Exporting is most appropriate when lower-cost locations for manufacturing the product can be found abroad. 4) A company that. Which of the following is true of licensing? Strategic alliances can make entry into a foreign market difficult. 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