Exam 13: International Strategic Alliances

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

What are the three types of management agreements used for strategic alliances?

What factors are likely to trigger incompatibility among partners in a strategic alliance? How can incompatibility issues be avoided?

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.

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

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

How does a delegated arrangement work?

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.

Rubbermaid ended a joint venture in Europe when the partner firm refused to reinvest its profits into the development of new products. What was the source of this problem?

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

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

What is a public-private venture?

Which of the following is not a hurdle firms can overcome by participating in a strategic alliance?

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?

Which type of arrangement is limited to joint ventures?

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

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

General Mills and Nestle formed a functional alliance that allowed the joint venture, Cereal Partners Worldwide, to achieve synergy through its size and resources.

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

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