Question 1

International joint ventures are less likely to break up when ________.

Accepted Answer

A) issues are settled before the merger 
B) new policies are created after the merger 
C) one partner has all the decision-making autonomy and the other has none 
D) each firm explicitly states its actions and requirements after the merger 
A) issues are settled before the merger 
B) new policies are created after the merger 
C) one partner has all the decision-making autonomy and the other has none 
D) each firm explicitly states its actions and requirements after the merger

Question 2

Which of the following represents government influence on IJVs?

Accepted Answer

A) copyright protection 
B) partnership of firm 
C) organization structure 
D) negotiation practice 
A) copyright protection 
B) partnership of firm 
C) organization structure 
D) negotiation practice

Question 3

Joint ventures are often the chosen form of multinational firm alliances because they ________.

Accepted Answer

A) provide greater control of proprietary technology 
B) increase the level of competition between partner firms 
C) enhance the specific skills of the personnel 
D) enhance the rewards of the firm 
A) provide greater control of proprietary technology 
B) increase the level of competition between partner firms 
C) enhance the specific skills of the personnel 
D) enhance the rewards of the firm

Question 4

Alliances that are carried out through contract rather than ownership sharing are called ________.

Accepted Answer

A) cultural strategic alliances 
B) equity strategic alliances 
C) non-equity strategic alliances 
D) transmodal strategic alliances 
A) cultural strategic alliances 
B) equity strategic alliances 
C) non-equity strategic alliances 
D) transmodal strategic alliances

Question 5

Strategic alliances are partnerships between two or more firms that decide they can better pursue their mutual goals by combining their resources-financial, managerial, and technological-as well as their existing distinctive competitive advantages.

Accepted Answer

A) True 
 B)False

Question 6

The least important single factor determining International Joint Venture success or failure is the choice of a partner.

Accepted Answer

A) True 
 B)False

Question 7

According to Dovev Lavie, which of the following is a caution given to global companies by value capture strategies?

Accepted Answer

A) Set organizational and technological buffers between competing partners. 
B) Avoid partners that compete in your industry if they enjoy superior bargaining power. 
C) Learn and assimilate network resources in order to develop new skills and capabilities. 
D) Align organizational units and create a coherent interface with each partner in the alliance. 
A) Set organizational and technological buffers between competing partners. 
B) Avoid partners that compete in your industry if they enjoy superior bargaining power. 
C) Learn and assimilate network resources in order to develop new skills and capabilities. 
D) Align organizational units and create a coherent interface with each partner in the alliance.

Question 8

________ are partnerships between two or more firms that decide they can better pursue their mutual goals by combining their resources as well as their existing distinctive competitive advantages.

Accepted Answer

A) Greenfield investments 
B) Strategic alliances 
C) Foreign subsidiaries 
D) Turnkey operations 
A) Greenfield investments 
B) Strategic alliances 
C) Foreign subsidiaries 
D) Turnkey operations

Question 9

Barton & Green is an MNC based in the United States that provides a wide range of software development products.Executives at the firm are considering the idea of outsourcing the company's IT infrastructure.Which of the following best supports the argument that Barton & Green should outsource its IT infrastructure to TMC Enterprises, one of the best IT infrastructure maintenance firms in India?

Accepted Answer

A) The main competitor of Barton & Green outsources all IT functions. 
B) Outsourcing will enhance Barton & Green's competitiveness. 
C) Barton & Green's employees frequently need IT support, so it is best to outsource the IT infrastructure. 
D) Barton & Green has proprietary technology and processes. 
A) The main competitor of Barton & Green outsources all IT functions. 
B) Outsourcing will enhance Barton & Green's competitiveness. 
C) Barton & Green's employees frequently need IT support, so it is best to outsource the IT infrastructure. 
D) Barton & Green has proprietary technology and processes.

Question 10

Guanxihu refers to a bond between specially connected firms that generates preferential treatment for members of the network.

Accepted Answer

A) True 
 B)False

Question 11

In a cross-border alliance, cultural differences can be overlooked when ________.

Accepted Answer

A) the target country is similar to the home country 
B) when there is a considerable difference in practices of the target country 
C) the target country has a high number of domestic mergers 
D) the target country insists on participating in the decision-making processes 
A) the target country is similar to the home country 
B) when there is a considerable difference in practices of the target country 
C) the target country has a high number of domestic mergers 
D) the target country insists on participating in the decision-making processes

Question 12

Which of the following is a competitive aspect of strategic alliances?

Accepted Answer

A) sharing resources to limit investment risk when entering new markets or uncertain technological fields 
B) lowering exit barriers in mature industries, therefore, assisting short-term corporate restructurings 
C) accelerating diffusion of industry standards and new technologies to create barriers to entry 
D) creating a critical mass to develop new technologies to protect domestic, strategic industries 
A) sharing resources to limit investment risk when entering new markets or uncertain technological fields 
B) lowering exit barriers in mature industries, therefore, assisting short-term corporate restructurings 
C) accelerating diffusion of industry standards and new technologies to create barriers to entry 
D) creating a critical mass to develop new technologies to protect domestic, strategic industries

Question 13

Which of the following primarily determines the extent of control exercised over an IJV by its parent company?

Accepted Answer

A) staffing choices for top IJV positions 
B) policies of the smaller firm 
C) cultural background 
D) IJV industry 
A) staffing choices for top IJV positions 
B) policies of the smaller firm 
C) cultural background 
D) IJV industry

Question 14

Globe Cars, a leading automobile ancillary firm in China, has decided to form a global alliance with Fulda, a German tire manufacturing company.Which of the following is a primary challenge that Globe Cars is most likely to face in this alliance?

Accepted Answer

A) existing competitors 
B) risk of investment 
C) extreme trade barriers in China 
D) differences in national cultures 
A) existing competitors 
B) risk of investment 
C) extreme trade barriers in China 
D) differences in national cultures

Question 15

A merger is a transition mechanism that propels the partner's strategies forward in a turbulent environment faster than would be possible for each company alone.

Accepted Answer

A) True 
 B)False

Question 16

The initial challenge in implementing strategies in emerging markets is likely to be how to ________.

Accepted Answer

A) compete with other emerging markets 
B) allocate responsibilities between the partners 
C) set up new policies and regulations 
D) navigate poor infrastructures 
A) compete with other emerging markets 
B) allocate responsibilities between the partners 
C) set up new policies and regulations 
D) navigate poor infrastructures

Question 17

According to Dovev Lavie, which of the following is a value-creation strategy?

Accepted Answer

A) setting organizational buffers between competing partners 
B) allying with multiple partners in one industry to limit power 
C) assimilating network resources to acquire new skills and capabilities 
D) aligning organizational units to create coherent interfaces 
A) setting organizational buffers between competing partners 
B) allying with multiple partners in one industry to limit power 
C) assimilating network resources to acquire new skills and capabilities 
D) aligning organizational units to create coherent interfaces

Question 18

Which of the following is a cooperative aspect of strategic alliances?

Accepted Answer

A) creating economies of scale in tangible assets 
B) accelerating diffusion of industry standards to erect barriers to entry 
C) learning new intangible skills from alliance partners 
D) denying technological and learning initiative to partners 
A) creating economies of scale in tangible assets 
B) accelerating diffusion of industry standards to erect barriers to entry 
C) learning new intangible skills from alliance partners 
D) denying technological and learning initiative to partners

Question 19

Alliances are also known as ________.

Accepted Answer

A) competitive strategies 
B) cooperative strategies 
C) relational strategies 
D) virtual strategies 
A) competitive strategies 
B) cooperative strategies 
C) relational strategies 
D) virtual strategies

Question 20

Why should a company seek a global alliance over other forms of market entry?

Accepted Answer

Alliances have advantages over other ent

International joint ventures are less likely to break up when ________.

Which of the following represents government influence on IJVs?

Joint ventures are often the chosen form of multinational firm alliances because they ________.

Alliances that are carried out through contract rather than ownership sharing are called ________.

Strategic alliances are partnerships between two or more firms that decide they can better pursue their mutual goals by combining their resources-financial, managerial, and technological-as well as their existing distinctive competitive advantages.

The least important single factor determining International Joint Venture success or failure is the choice of a partner.

According to Dovev Lavie, which of the following is a caution given to global companies by value capture strategies?

________ are partnerships between two or more firms that decide they can better pursue their mutual goals by combining their resources as well as their existing distinctive competitive advantages.

Guanxihu refers to a bond between specially connected firms that generates preferential treatment for members of the network.

In a cross-border alliance, cultural differences can be overlooked when ________.

Which of the following is a competitive aspect of strategic alliances?

Which of the following primarily determines the extent of control exercised over an IJV by its parent company?

Globe Cars, a leading automobile ancillary firm in China, has decided to form a global alliance with Fulda, a German tire manufacturing company.Which of the following is a primary challenge that Globe Cars is most likely to face in this alliance?

A merger is a transition mechanism that propels the partner's strategies forward in a turbulent environment faster than would be possible for each company alone.

The initial challenge in implementing strategies in emerging markets is likely to be how to ________.

According to Dovev Lavie, which of the following is a value-creation strategy?

Which of the following is a cooperative aspect of strategic alliances?

Alliances are also known as ________.

Why should a company seek a global alliance over other forms of market entry?

Assessing the Environment: Political, Economic, Legal, Technological

Managing Interdependence, Social Responsibility, and Ethics

Understanding the Role of Culture

Communicating Across Cultures

Cross-Cultural Negotiation and Decision Making

Formulating Strategy

Developing a Global Management Cadre

Staffing, Training, and Compensation for Global Operations

Developing a Global Management Cadre

Motivating and Leading

Filters

Exam 7: Global Alliances and Strategy Implementation

International joint ventures are less likely to break up when ________.

Which of the following represents government influence on IJVs?

Joint ventures are often the chosen form of multinational firm alliances because they ________.

Alliances that are carried out through contract rather than ownership sharing are called ________.

Strategic alliances are partnerships between two or more firms that decide they can better pursue their mutual goals by combining their resources-financial, managerial, and technological-as well as their existing distinctive competitive advantages.

The least important single factor determining International Joint Venture success or failure is the choice of a partner.

According to Dovev Lavie, which of the following is a caution given to global companies by value capture strategies?

________ are partnerships between two or more firms that decide they can better pursue their mutual goals by combining their resources as well as their existing distinctive competitive advantages.

Guanxihu refers to a bond between specially connected firms that generates preferential treatment for members of the network.

In a cross-border alliance, cultural differences can be overlooked when ________.

Which of the following is a competitive aspect of strategic alliances?

Which of the following primarily determines the extent of control exercised over an IJV by its parent company?

Globe Cars, a leading automobile ancillary firm in China, has decided to form a global alliance with Fulda, a German tire manufacturing company.Which of the following is a primary challenge that Globe Cars is most likely to face in this alliance?

A merger is a transition mechanism that propels the partner's strategies forward in a turbulent environment faster than would be possible for each company alone.

The initial challenge in implementing strategies in emerging markets is likely to be how to ________.

According to Dovev Lavie, which of the following is a value-creation strategy?

Which of the following is a cooperative aspect of strategic alliances?

Alliances are also known as ________.

Why should a company seek a global alliance over other forms of market entry?

Assessing the Environment: Political, Economic, Legal, Technological

Managing Interdependence, Social Responsibility, and Ethics

Understanding the Role of Culture

Communicating Across Cultures

Cross-Cultural Negotiation and Decision Making

Formulating Strategy

Developing a Global Management Cadre

Staffing, Training, and Compensation for Global Operations

Developing a Global Management Cadre

Motivating and Leading

Filters