Exam 13: International Strategic Alliances

What is a strategic alliance? What is the relationship between a joint venture and a strategic alliance?

Although unequal ownership is common, many joint ventures are owned equally by the founding firms.

Functional alliances are legally organized as joint ventures.

Which action below is permissible by the dominant partner in an assigned arrangement?

Which type of venture is the most difficult to maintain?

What factors should be considered prior to selecting a strategic alliance partner? What factors threaten the success of a strategic alliance?

Most comprehensive alliances are organized as ________.

Winston Foods and O'Toole's Soda have agreed to perform multiple stages of the process together by which products are brought to the market. The two firms have most likely formed a ________.

An alliance in which two or more firms each manufacture products is an R&D alliance.

What is the most likely problem associated with an assigned arrangement?

Why have strategic alliances become so important to the international airline industry? What is the scope of such alliances? How do such alliances benefit both the airlines and their customers?

A public-private venture is a joint venture that involves a partnership between a privately owned firm and a ________.

A ________ is a confederation of organizations that band together to research and develop new products and processes for world markets.

Mutual trust is an important component of compatibility.

Which of the following factors is the most relevant to a firm in the process of selecting a partner for a strategic alliance?

Non-joint venture strategic alliances are often formed for general purposes and exist in perpetuity.

IMAX, the entertainment firm, recently entered into a joint venture with Wanda Cinema Line, a Chinese theater chain. What was IMAX primarily seeking by forming this arrangement?

In a delegated arrangement, joint venture management has little to no autonomy.

Which of the following most likely explains why some firms form limited partnership arrangements instead of joint ventures?

A marketing alliance is a type of ________.