Question 1

Describe how it is possible for organisations to achieve a sustainable competitive advantage through their IORs.

Accepted Answer

No Answer

Question 2

Which of the following is likely to be a precipitating event to a relationship dissolution?&#10;A) goal incongruence&#10;B) culture incompatibility&#10;C) corruption scandal&#10;D) capability gap

Accepted Answer

A corruption scandal is a major event that can damage trust and lead to the dissolution of a relationship.

Question 3

Which if these does NOT increase the likelihood of interorganisational cooperation?&#10;A) organisations share an interest in achieving a common goal AND organisational self-interest is low&#10;B) the complexity of joint action is low AND geographic proximity is high&#10;C) socialisation between organisations is high AND organisations share an interest in achieving a common goal&#10;D) geographic proximity is low AND the complexity of joint action is low

Accepted Answer

Geographic proximity and low complexity of joint action are both factors that increase the likelihood of interorganisational cooperation. Socialisation and shared interest in achieving a common goal are also important factors. Therefore, the option that does not increase the likelihood is D, which combines low geographic proximity with low complexity of joint action.

Question 4

The cohesion of a network refers to:&#10;A) the extent to which actors in the network are linked to one another by direct or indirect ties&#10;B) the extent to which a network can remain connected even when various nodes are removed from the network&#10;C) how central its most central node is in relation to how central all the other nodes are

Accepted Answer

The answer of The cohesion of a network refers to:&#10;A)...

Question 5

A node that is located on the outer parts of the network is:&#10;A) An isolate&#10;B) Peripheral actor&#10;C) A star&#10;D) Weak

Accepted Answer

A peripheral actor is a node that is located on the outer parts of the network, meaning it has fewer connections than other nodes in the network. It is not completely isolated like an isolate, but it is not a highly connected hub like a star. Therefore, the best choice is B, peripheral actor.

Question 6

In social network analysis, centrality is usually associated with being a position of:&#10;A) irrelevance&#10;B) power&#10;C) strength&#10;D) none of the above

Accepted Answer

Centrality in social network analysis is associated with power, as it refers to the degree to which an individual or node is located within the network's core, thereby having greater access to information, resources, and communication flow than other network members.

Question 7

Which of the following represents the highest level of integration between two organisations?&#10;A) exchange&#10;B) strategic alliance&#10;C) joint venture&#10;D) merger/acquisition

Accepted Answer

Merger/acquisition represents the highest level of integration between two organizations as it involves the complete consolidation of two companies into a single entity, where their operations, management, and ownership are combined. Strategic alliances, joint ventures, and exchange are all forms of collaboration between two or more organizations but do not result in the same level of integration as a merger/acquisition.

Question 8

The cost of negotiating, developing and managing an inter-organisational relationship are&#10;A) opportunity costs&#10;B) transaction costs&#10;C) power costs&#10;D) constraint costs

Accepted Answer

The cost of negotiating, developing and managing an inter-organisational relationship is referred to as transaction costs. These costs include a wide range of expenses, such as legal fees, due diligence costs, coordination costs, and communication costs. They arise from the need to align goals and coordinate actions across organisational boundaries. Therefore, option B is the best choice.

Question 9

Interlocking directorates enable:&#10;A) greater cohesion&#10;B) greater communication and knowledge exchange&#10;C) opportunities for coordinated action&#10;D) all of the above

Accepted Answer

Interlocking directorates allow for greater cohesion among companies, as their boards of directors share members. This also facilitates greater communication and knowledge exchange between companies, leading to opportunities for coordinated action. Therefore, all of the above options are correct.

Question 10

When two organisations are connected because one person is a director of both organisations, this is called:&#10;A) a partnership&#10;B) an interlocking directorate&#10;C) a joint venture&#10;D) a network

Accepted Answer

When one person serves as a director on the boards of two or more companies, it is known as an interlocking directorate. This can create potential conflicts of interest and raise antitrust concerns, as the same individual holds decision-making power in multiple organizations. A partnership involves a formal agreement between two or more parties to jointly carry out a business venture, while a joint venture is a similar arrangement for a specific project or period of time. A network refers to a group of interconnected individuals or organizations.

Question 11

Goal incongruence will lead to conflict between organisations in an IOR.

Accepted Answer

The answer of Goal incongruence will lead to conflict between...

Question 12

High levels of formalisation characterise the best IORs, with informal communication kept to an absolute minimum.

Accepted Answer

The answer of High levels of formalisation characterise the best...

Question 13

Inter-organisational relationships increase an organisation's level of autonomy.

Accepted Answer

The answer of Inter-organisational relationships increase an organisation's level of...

Question 14

Why do organisations establish IORs?

Accepted Answer

The answer of Why do organisations establish IORs?...

Deck 7: Inter-Organisational Relationships Is Sport Development Geoff Dickson, Emma Sherry