Exam 7: Global Alliances and Strategy Implementation

Which of the following is a pitfall of cross-border alliances?

Trout Corp.,Kirgo Ltd.,and Sturgeon Inc.,three of the leading construction companies in the U.S.,have decided to join hands and create a new cement manufacturing company.According to their agreement,Trout Corp.will have 50 percent equity,Kirgo Ltd.will have 20 percent equity,and Sturgeon Inc.will have 30 percent equity.In this given scenario,Sturgeon Inc.is referred to as a(n)________.

Which of the following factors has the maximum influence on the success of multinational firm alliances?

A joint venture is a situation in which two or more partners have different relative ownership shares in the new venture.

Which of the following terms refers to company specialists who provide other companies with services such as Web site translation?

Which of the following factors most significantly affects all other variables necessary for the successful implementation of a global alliance?

A major drawback of global and cross-border alliances is that they do not share the cost and risk of research and development of new products.

What are the benefits of outsourcing abroad? What should firms do when implementing a global sourcing strategy?

Which of the following is the most beneficial aspect of an international joint venture?

The most important single factor determining IJV success or failure is the ________.

E-commerce enablers help small and medium-sized companies to go global without the internal capabilities to carry out global e-commerce functions.

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

Alliances in which two or more partners have different relative ownership shares in the new venture are called ________.

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

________ 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.

An equity strategic alliance is a new independent entity jointly created and owned by two or more parent companies.

Which of the following terms suggests that global sourcing can produce gains in efficiency,productivity,quality,and profitability by fully leveraging talent around the world?

According to David Lei,the single greatest impediment managers face when seeking to learn or renew sources of competitive advantage is that ________.

How can firms increase the likelihood of forming a successful global alliance?

In spite of the potential problems with local partners,many firms rush the process of partner selection because ________.