Exam 13: International Strategic Alliances

What is the primary difference between a joint venture and a non-joint venture strategic alliance?

What are the various forms that strategic alliances can take? What are the benefits of strategic alliances?

Firms are more likely to pursue public-private ventures when a country does not allow wholly-owned foreign operations.

Boeing controls the overall operation of its strategic alliance with Fuji, Mitsubishi, and Kawasaki. This is an example of a(n) ________.

Why did Boeing establish a strategic alliance with several Japanese partners to help develop its 777 jet? What was the scope of the alliance?

Research suggests that strategic alliances are more likely to be successful if the skills and resources of the partners are ________.

Research suggests that strategic alliances are more likely to be successful if the partners compete, but in different geographic markets.

Which of the following is responsible for making day-to-day decisions and strategy implementation in a delegated arrangement?

Under a(n) ________, each partner in the joint venture fully and actively participates in managing the alliance.

In a brief essay, discuss the problems associated with forming a strategic alliance with a competitor.

Explain the three possible methods for managing a joint venture.

Furman Furnishings wants to expand its international operations in cooperation with another firm. Which of the following methods would be most appropriate for Furman?

What are the five primary pitfalls of strategic alliances? Describe each and explain which one you think is most difficult to avoid.

Chrysler and BMW formed a joint venture to build engines in South America. Which term best describes this type of alliance?

General Mills and Nestle created a joint venture which fully integrated all facets of conducting business necessary to compete against Kellogg in the European cereal market. This is an example of a(n) ________ alliance.

Sharing risk in a strategic alliance is most important for a firm that is entering a(n) ________ market.

If Sony and Samsung create an alliance to manufacture 3-D televisions in a shared facility, then the two firms have most likely formed a ________ alliance.

Having a partner with products that are complementary to, but not directly competitive with its own, increases a firm's chance of a successful alliance.

A ________ is a special type of strategic alliance in which two or more firms join together to create a new business entity that is legally separate and distinct from its parents.

Under which management form are managers less accountable to managers in the partner firms?