Exam 13: International Strategic Alliances

Which of the following is considered one of the primary pitfalls of strategic alliances?

Joint ventures tend to have a longer duration than non-joint venture strategic alliances.

How does a delegated arrangement work?

Which of the following best explains the growing number of research and development alliances?

________ affect(s) the viability of strategic alliances when the conditions that first motivated the arrangement no longer exist.

AT&T and Olivetti announced a strategic alliance. They could not reach an agreement on a marketing strategy for the alliance. What type of problem is this an example of?

Public-private ventures are typical in the oil industry.

In a limited partnership, both firms assume full financial responsibility for the venture, regardless of the amount each has invested.

What types of functional alliances exist?

Countries concerned about the influence of foreign firms on their economies may require MNCs to work with a local partner to enter the market.

In a marketing alliance, the established firm assists the newcomer with ________.

Why was it important for General Mills and Nestle to form a comprehensive joint venture in Europe, rather than a marketing alliance?

In which of the following industries is a public-private venture most likely?

Which type of arrangement is limited to joint ventures?

Why do governments engage in public-private ventures in the oil industry? How do such alliances benefit international businesses?

GM, with a 67-percent stake in a joint venture with Raba, a Hungarian truck, engine, and tractor manufacturer, has assumed management control over the venture's operations. What management form is this an example of?

Under the agreement between Coca-Cola and Danone each company supplies three members of the joint venture's board of directors. What management form is this an example of?

Firms can avoid hostile government regulations by partnering with local firms.

Shared management agreements are the most prone to conflict among partners.

Nestle and General Mills created Cereal Partners Worldwide to compete effectively in the European market. Cereal Partners Worldwide is owned equally by the two firms, so CPW is an example of a(n) ________.