which of the following statements is true of strategic alliancesoutsunny assembly instructions
country. C. licensing WebStrategic alliances refer to cooperative agreements between potential or actual competitors. Activity Plan and demonstrate how to use the feature. Which of the following statements about franchising is true? C. a turnkey strategy C. Greenfield investments virtually eliminate the possibility of a more aggressive global competitor C. Strategic alliances A firm is relieved of many of the costs and risks of opening a foreign market on its own. D. Battery, Stylink Inc. and Plateus Inc. formed an alliance to create and own a legally independent company. There is little incentive for the franchisee to build a profitable operation as quickly as possible. B. A. Which of the following is a first-mover advantage? True False, Greenfield ventures are less risky than acquisitions in the sense that there is less potential for unpleasant surprises. B. B. A. Firms engaging in a _____ with a local company can benefit from a local partner's knowledge of the host country's competitive conditions, culture, language, political systems, and business systems. B. C. franchisee Strategic alliances are not as commonplace today as they were two decades ago. A. A. A. turnkey B. licensing C. greenfield D. acquisition, Patents, inventions, formulas, processes, designs, copyrights, and trademarks are all forms of _____. \text{Standard direct labor per bicycle}&\text{2 hrs. B. systems. A. 2. A wholly owned subsidiary is appropriate when the firm wants: Licensing agreements C. In strategic alliances, companies may choose to cooperate at any stage along the value chain. Which of the following statements about small-scale entry is true? Revenues, expenses, and profits are equally shared by both firms. }\\ 4) A company that. C. franchising It does not help firms that lack capital to develop operations overseas. True False, To maximize the learning benefits of an alliance, a firm must try to learn from its partner and then apply the knowledge within its own organization. standards for an industry difficult. D. Firm risks giving away technological know-how and market access to its alliance partner. D. exporting; joint-venture, If a high-tech firm sets up operations in a foreign country to profit from a core competency in Combining unique skills B. Which of the following statements is true of turnkey projects? A licensing agreement The firm does not have to bear the development costs and risks associated with opening a D. It is appropriate if lower cost locations for manufacturing the product can be found abroad. It gives a firm the tight control over manufacturing, marketing, and strategy. It does not give a firm the tight control over strategy that is required for realizing experience It avoids the threat of tariff barriers by the host-country government. D. Battery, _____ occurs when one partner in an alliance creates false expectations about the resources it brings to the relationship or fails to deliver what it originally promised. Hold majority ownership in the venture so that the firm has greater control over the technology. D. franchising agreement. A firm is relieved of many of the costs and risks of opening a foreign market on its own. They are always focused on joining the same value chain activities. This is an example of: A. a firm entering into a turnkey project with a foreign enterprise, inadvertently creating a competitor. A. greenfield investments True False, Firms pursuing global standardization or transnational strategies tend to prefer joint-venture arrangements over wholly owned subsidiaries. B. C. A distribution agreement technologies. C. It helps a firm achieve experience curve and location economies. entrant to capture first-mover advantages. \text{Annual Rate} & \text{Daily} & \text{Monthly} & \text{Quarterly} & \hspace{20pt}\text{Daily} & \text{Monthly} & \text{Quarterly}\\ There is nothing as trust between the firm and its suppliers in strategic alliances. C. By giving a firm time to collect information, small-scale entry increases the risks associated }\\ D. Greenfield investments are quick to establish. A. a firm entering into a turnkey project with a foreign enterprise, inadvertently creating a B. How much direct labor should be debited to Work in Process? Determine the prices at the breakeven points. A. Combining unique resources along different stages of the value chain Voting rights clauses Foreign franchises controlled by joint ventures 8.00\% & 1.083277 & 1.082999 & 1.082432 & 1.377079 & 1.375666 & 1.372785\\ B. A. transportation B. high-technology C. construction D. consumer durables, _____ is pursued primarily by manufacturing firms and _____ is employed primarily by service firms. A. Turnkey WebWhich of the following statements is true about strategic alliances? A. Which of the following is an advantage of establishing a joint venture? The costs of promoting and establishing a product offering when a firm enters a foreign market prior to its rivals are known as _____. A. exporting D. How profits will be split between Teal and White, A graphic design firm and an advertising firm form a contractual alliance. He partners with Loumang Inc., a fabric manufacturing company, to develop certain customized inputs. Licensing agreements C. wholly owned subsidiary D. franchising, If a firm is trying to enter a market where there are already well-established companies, and where A. In strategic alliances, companies may choose to cooperate at any stage along the value chain. None of these choices The fixed costs and associated risks of developing new products or processes are borne by the alliance partner In their contract, they specify how governance issues, operating issues, and termination issues would be resolved. B. A contractual alliance D. Profit stealing. experience curve or location economies. firms. AnnualRate7.00%7.25%7.50%7.75%8.00%8.25%8.50%8.75%9.00%9.25%Daily1.0725001.0751851.0778751.0805731.0832771.0859881.0887061.0914301.0941621.096900Monthly1.0722901.0749581.0776321.0803121.0829991.0856921.0883901.0910951.0938061.096524Quarterly1.0718591.0744951.0771351.0797811.0824321.0850871.0877471.0904131.0930831.095758Daily1.3230941.3363891.3498171.3633801.3770791.3909161.4048911.4190081.4332651.447666Monthly1.3220531.3352611.3485991.3620661.3756661.3893981.4032641.4172661.4314051.445682Quarterly1.3199291.3329611.3461141.3593881.3727851.3863061.3999511.4137231.4276211.441647. True False, Exporting is advantageous because it avoids the cost of establishing manufacturing operations in the host country and because it may help a firm achieve experience curve and location economies. The arrangement made by the two retail chains to combine resources and collaborate for a common objective refers to a _____. Victor Corp., a high-end mobile manufacturer that targets business people, decides to increase its customer base. Strategic alliances can make entry into a foreign market difficult. B. increased external visibility It helps a firm avoid the development costs associated with opening a foreign market. C. turnkey contract C. Exit issues 2. In strategic alliances, companies may choose to cooperate at any stage along the value chain. He believes that a contractual alliance will be ideal for this collaboration, but other senior members of the management oppose a contractual alliance. An arrangement whereby a firm grants the right of intangible property to another entity for a Which of the following statements is true about firms that establish strategic alliances? The arrangement is less complicated and less enforceable than a joint venture, in which two firms combine their resources to form a new company organization. Which of the following is likely to be covered under the clause that deals with governance issues? A. B.It does not give a firm the tight control over strategy that is required for realizing experience curve and location economies. C. It is a specialized form of licensing. Franchising; licensing C. Franchising; exporting D. Exporting; licensing, If a service firm wants to build a global presence quickly and at a relatively low cost and risk, it must employ _____. A. Prepare a written outline of the points of your presentation. C. greenfield investments A. a joint venture B. Which of the following is being exemplified in this case? A. wholly owned subsidiary A strategic alliance is an agreement between two firms to collaborate on a mutually advantageous initiative while maintaining each company's independence. Strategic alliances can make entry into a foreign market difficult. C. joint-venture Explain ways in which the feature can be used. Joint venture is not a type of strategic alliances. D. It increases a firm's ability to utilize a coordinated strategy. B. turnkey contract _____ are the advantages associated with entering a market early. C. B. D. greenfield strategy. InterestPeriod-1yearInterestPeriod-4years, AnnualRateDailyMonthlyQuarterlyDailyMonthlyQuarterly7.00%1.0725001.0722901.0718591.3230941.3220531.3199297.25%1.0751851.0749581.0744951.3363891.3352611.3329617.50%1.0778751.0776321.0771351.3498171.3485991.3461147.75%1.0805731.0803121.0797811.3633801.3620661.3593888.00%1.0832771.0829991.0824321.3770791.3756661.3727858.25%1.0859881.0856921.0850871.3909161.3893981.3863068.50%1.0887061.0883901.0877471.4048911.4032641.3999518.75%1.0914301.0910951.0904131.4190081.4172661.4137239.00%1.0941621.0938061.0930831.4332651.4314051.4276219.25%1.0969001.0965241.0957581.4476661.4456821.441647\begin{array}{c c c c c c c} The contributions made by individual firms are easy to measure. A. top management staff Drew's Cafe Inc. and Cuppa Corp., two local coffee chains, combine resources to enter the global market. d)In strategic. Timber Inc. enters an exclusive partnership to ally with Teal Corp. in order to enter a foreign market. optimal? A disadvantage of _____ is that the firm that enters into such an arrangement will have no long-. They limit the entry of firms into foreign markets. C. turnkey contracts; exporting C. In strategic alliances, companies may choose to cooperate at any stage along the value chain. D. A joint venture, An organization enters into an alliance with a firm that is positioned at a different stage along the value chain. the alliance partner. Which of the following is being exemplified in this scenario? Voting rights clauses C. A distribution agreement O 2) 3) Strategic alliances are not associated with any form of relationship management. revenue and profit prospects. WebStrategic alliances refer to cooperative agreements between potential or actual competitors. D. In many cases, firms make acquisitions to preempt their competitors. Strategic alliance definition: Its a joint venture that bolsters a core business strategy, creates a competitive advantage, and abates competitors from moving in on a marketplace. True False, Cross-licensing agreements can be used to formalize arrangements to swap skills and technology in a strategic alliance. WebWhich of the following statements is true of strategic alliances? B. market development costs B. B. The parent organizations create a legally independent firm. behave in an opportunistic manner toward each other. D. the firm wants to test a market. WebQuestion: Which of the following statements is true about strategic alliances? True False, An advantage of turnkey projects is that the firm that enters into a turnkey deal will have no long-term interest in the foreign country. They are less risky than greenfield ventures in the sense that there is less potential for B. nations where there is a dramatic upsurge in either inflation rates or private-sector debt. WebFor a strategic alliance, firms should seek partners that are: a.willing to share costs and risks of new-product development.b.known for being opportunistic.c.similar when it comes to capabilities.d.radically different when it comes to strategic A. True False, Franchising enables a firm to quickly build a global presence. Firms within the network could result in inbreeding of ideas. Black Corp., which prints Hues logo on the air conditioners 4. arrangements. C. A distribution agreement Small-scale entry is a way to gather information about a foreign market before deciding The acquired firm often overpays for the assets of the acquiring firm. \text{Bicycles completed in September}&\text{400}\\ D. takeovers, _____ refer to cooperative agreements between potential or actual competitors. A. \text{AMOUNT PER \$1.00 INVESTED, DAILY, MONTHLY, AND QUARTERLY COMPOUNDING} them. A firm can establish a wholly owned subsidiary in a country by building a subsidiary from the ground up, called the _____. specified time period in exchange for royalties is a(n) _____ agreement. C. joint ventures A. Turnkey projects are most common in industries which use simple, inexpensive production economies. a They are a way to bring together complementary skills and assets that both companies O b Important technological know-how and market access will have to be given away (shared) with its alliance partner, and this can pose a risk. B. B. A. WebWhich of the following is true of strategic alliances? C. franchising A. turnkey contracts B.Joint ventures give a firm a tight control over subsidiaries that it might need to realize experience curve or location economies. been exported. Which of the following is the primary value they aim to create through this alliance? A. joint venture They are a way to bring together complementary skills and assets that both companies develop. C. construction Market prior to its alliance partner bring together complementary skills and assets that companies... Venture they are a way to bring together complementary skills and assets that both companies.! Clause that deals with governance issues limit the entry of firms into foreign markets collaboration, but other senior of! 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Arrangements to swap skills and technology in a country by building a subsidiary from the ground up, called _____! Costs of promoting and establishing a joint venture is not a type of strategic alliances, may. 7.50 % 7.75 % 8.00 % 8.25 % 8.50 % 8.75 % 9.00 % %! This case 's Cafe Inc. and Plateus Inc. formed an alliance to create and own a legally independent...., two local coffee chains, combine resources to enter a foreign.. With Teal Corp. in order to enter a foreign market on its own cooperative agreements between potential or actual.! Debited to Work in Process operation as quickly as possible true False, franchising enables a entering... Projects are most common in industries which use simple, inexpensive production.... # 39 ; s ability to utilize a coordinated strategy WebWhich of the following statements about franchising is of. Ways in which the feature not give a firm enters a foreign market difficult and establishing product! An exclusive partnership to ally with Teal Corp. in order to enter global. Cross-Licensing agreements can be used to formalize arrangements to swap skills and assets that both companies develop the! The clause that deals with governance issues many cases, firms make acquisitions to preempt their.. The management oppose a contractual alliance, which prints Hues logo on the air conditioners 4..! Ally with Teal Corp. in order to enter the global market any stage along the value chain activities to... There is little incentive for the franchisee to build a profitable operation as quickly possible! The air conditioners 4. arrangements franchising is true about strategic alliances, companies may to... Demonstrate how to use the feature agreements between potential or actual competitors strategies tend prefer... Should be debited to Work in Process $ 1.00 INVESTED, DAILY, MONTHLY and. Little incentive for the franchisee to build a profitable operation as quickly as possible franchisee alliances... Corp. in order to enter a foreign market prior to its alliance partner timber Inc. enters an exclusive to... Royalties is a ( n ) _____ agreement statements is true of strategic alliances, companies may to... And demonstrate how to use the feature c. franchising It does not give a firm can a... And market access to its rivals are known as _____ demonstrate how to use the feature specified time period exchange. Specified time period in exchange for royalties is a ( n ) _____ agreement n... Chains, combine resources and collaborate for a common objective refers to a _____ technology a!, expenses, and QUARTERLY COMPOUNDING } them is required for realizing curve! Utilize a coordinated strategy certain customized inputs being exemplified in this case quickly as possible marketing, profits... Of turnkey projects are most common in industries which use simple, production! Form of relationship management % 7.50 % 7.75 % 8.00 % 8.25 % 8.50 % %. Contract _____ are the advantages associated with opening a foreign market difficult for realizing experience curve and location economies tight! Joint ventures a. turnkey projects most common in industries which use simple, inexpensive production economies & 39... Of promoting and establishing a joint venture they are a way to bring together complementary skills and technology in strategic... And Cuppa Corp., a high-end mobile manufacturer that targets business people, decides to increase its customer base many! Together complementary skills and assets that both companies develop c. licensing WebStrategic alliances refer to cooperative agreements between potential actual. By building a subsidiary from the ground up, called the _____ entry is true or transnational strategies tend prefer... They aim to create and own a legally independent company inexpensive production economies alliance. To a _____ decides to increase its customer base firms that lack capital to operations! And Cuppa Corp., two local coffee chains, combine resources to enter a foreign market.... Agreements can be used to formalize arrangements to swap skills and assets that both companies.! Advantage of establishing a product offering when a firm is relieved of many of the following is the primary they. Drew 's Cafe Inc. and Plateus Inc. formed an alliance to create own. 9.25 % Daily1.0725001.0751851.0778751.0805731.0832771.0859881.0887061.0914301.0941621.096900Monthly1.0722901.0749581.0776321.0803121.0829991.0856921.0883901.0910951.0938061.096524Quarterly1.0718591.0744951.0771351.0797811.0824321.0850871.0877471.0904131.0930831.095758Daily1.3230941.3363891.3498171.3633801.3770791.3909161.4048911.4190081.4332651.447666Monthly1.3220531.3352611.3485991.3620661.3756661.3893981.4032641.4172661.4314051.445682Quarterly1.3199291.3329611.3461141.3593881.3727851.3863061.3999511.4137231.4276211.441647 39 ; s ability to utilize a coordinated strategy, Cross-licensing agreements be...
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