Question 1

A lower level of ____contribution may indicate a firm's relative lack of commitment:
a. Equity
b. Learning and experience
c. Nationality
d. Relational capabilities
e. All of the above

Accepted Answer

The answer of A lower level of ____contribution may indicate...

Question 2

In measuring the performance of strategic alliances and networks, subjective measures include:
a. Market performance.
b. Stability.
c. A and B above.
d. The level of managers' satisfaction.
e. Longevity.

Accepted Answer

The answer of In measuring the performance of strategic alliances...

Question 3

Institution-based considerations regarding organization include:
a. Collusion concerns.
b. Entry requirements.
c. The social pressures to find partners.
d. The internalized beliefs in the value of collaboration.
e. All of the above.

Accepted Answer

The answer of Institution-based considerations regarding organization include:
a. Collusion concerns.
b....

Question 4

The strategic choice concerning whether to form cooperative interfirm relationships or to rely on pure market transactions or M&As to grow the firm is part of:
a. Stage One.
b. Stage Two.
c. Stage Three.
d. Stage Four.
e. Stage Five.

Accepted Answer

The answer of The strategic choice concerning whether to form...

Question 5

Which of the following are not true regarding managers involved in alliances and networks?
a. They require relationship skills which foster trust with partners.
b. They must guard against opportunism.
c. They must recognize that interests of the firms fully overlap.
d. They have to represent the interests of their respective firms.
e. They must attempt to make the complex relationship work.

Accepted Answer

The answer of Which of the following are not true...

Question 6

Cooperation between rivals is usually suspected of being:
a. Tacit collusion.
b. Explicit collusion.
c. Socialism.
d. All of the above.
e. None of the above.

Accepted Answer

The answer of Cooperation between rivals is usually suspected of...

Question 7

Which is not an advantage of strategic alliances and networks?
a. Reduce costs, risks and uncertainties.
b. Costs of negotiation and coordination.
c. Gain access to complementary assets and capabilities.
d. Opportunities to learn from partners.
e. Possibilities to use alliances and networks as real options.

Accepted Answer

The answer of Which is not an advantage of strategic...

Question 8

Strategic alliances involve:
a. Voluntary agreements between firms.
b. Compromises between short-term transactions and long-term solutions.
c. Contracts.
d. Equity-based arrangements.
e. All of the above.

Accepted Answer

The answer of Strategic alliances involve:
a. Voluntary agreements between firms.
b....

Question 9

Contractual alliances include all of the following except:
a. Co-marketing.
b. Research and development R&D) contracts.
c. Cross-shareholding.
d. Turnkey projects.
e. Licensing/franchising.

Accepted Answer

The answer of Contractual alliances include all of the following...

Question 10

Strategic fit refers to whether the partner firm possesses:
a. Technology.
b. Capital.
c. Distribution channels.
d. A through C above.
e. Goals, experiences, and behaviors that facilitate cooperation.

Accepted Answer

The answer of Strategic fit refers to whether the partner...

Question 11

A joint venture can be described as:
a. A special case of equity-based alliance.
b. A new legally independent entity.
c. A "corporate child" given birth by two or more) parent firms.
d. All of the above.
e. None of the above.

Accepted Answer

The answer of A joint venture can be described as:
a....

Question 12

Which if any) of the following will not influence the performance of alliances and networks?
a. Equity.
b. Learning and experience.
c. Nationality.
d. Relational capabilities.
e. All can have an influence.

Accepted Answer

The answer of Which if any) of the following will...

Question 13

In comparing M&As with alliances and networks, which of the following is not correct?
a. M&As are costly.
b. M&As have significant transaction costs.
c. Many M&As end up destroying value.
d. Alliances and networks preclude future upgrading into possible M&As.
e. Alliances and networks can be considered as a flexible intermediate solution.

Accepted Answer

The answer of In comparing M&As with alliances and networks,...

Question 14

Which if any) of the following are not involved in the stages of forming business relationships?
a. The decision to cooperate.
b. The decision to not cooperate.
c. The choice of contract or equity.
d. Positioning the Relationship.
e. All of the above are involved.

Accepted Answer

The answer of Which if any) of the following are...

Question 15

As a type of relationship tie, exploitation refers to such things as:
a. Selfishness.
b. Choice.
c. Efficiency.
d. Execution.
e. B through D above.

Accepted Answer

The answer of As a type of relationship tie, exploitation...

Question 16

Which represents an alliance with suppliers?
a. Horizontal alliances.
b. Upstream vertical.
c. Downstream vertical.
d. All of the above.
e. None of the above.

Accepted Answer

The answer of Which represents an alliance with suppliers?
a. Horizontal...

Question 17

The first concern in determining whether a relationship should be based on contract or equity is:
a. The kind of resources and capabilities that are shared.
b. Direct monitoring and control.
c. Real options.
d. Institutional constraints.
e. None of the above.

Accepted Answer

The answer of The first concern in determining whether a...

Question 18

Weak ties in organizational relationships:
a. Are more trustworthy and are cultivated over a long period of time.
b. Are associated with exchanging finer-grained information.
c. Provide an informal, social control mechanism.
d. A through C above.
e. Are less costly to maintain.

Accepted Answer

The answer of Weak ties in organizational relationships:
a. Are more...

Question 19

The stock market responds favorably to alliance activities, but only under which circumstances?
a. Complementary resources.
b. Previous alliance experience.
c. Ability to manage the host country's political risk.
d. Partner buyouts.
e. All of the above.

Accepted Answer

The answer of The stock market responds favorably to alliance...

Question 20

Emerging trends concerning formal government policies on entry mode requirements include:
a. More liberal policies.
b. Imposing considerable requirements.
c. A and B above.
d. Welcoming wholly owned subsidiaries.
e. Banning joint ventures.

Accepted Answer

The answer of Emerging trends concerning formal government policies on...

Quiz 7: Making Strategic Alliancee and Networks Work

A lower level of ____contribution may indicate a firm's relative lack of commitment: a. Equity b. Learning and experience c. Nationality d. Relational capabilities e. All of the above

In measuring the performance of strategic alliances and networks, subjective measures include: a. Market performance. b. Stability. c. A and B above. d. The level of managers' satisfaction. e. Longevity.

Institution-based considerations regarding organization include: a. Collusion concerns. b. Entry requirements. c. The social pressures to find partners. d. The internalized beliefs in the value of collaboration. e. All of the above.

The strategic choice concerning whether to form cooperative interfirm relationships or to rely on pure market transactions or M&As to grow the firm is part of: a. Stage One. b. Stage Two. c. Stage Three. d. Stage Four. e. Stage Five.

Cooperation between rivals is usually suspected of being: a. Tacit collusion. b. Explicit collusion. c. Socialism. d. All of the above. e. None of the above.

Strategic alliances involve: a. Voluntary agreements between firms. b. Compromises between short-term transactions and long-term solutions. c. Contracts. d. Equity-based arrangements. e. All of the above.

Contractual alliances include all of the following except: a. Co-marketing. b. Research and development R&D) contracts. c. Cross-shareholding. d. Turnkey projects. e. Licensing/franchising.

Strategic fit refers to whether the partner firm possesses: a. Technology. b. Capital. c. Distribution channels. d. A through C above. e. Goals, experiences, and behaviors that facilitate cooperation.

A joint venture can be described as: a. A special case of equity-based alliance. b. A new legally independent entity. c. A "corporate child" given birth by two or more) parent firms. d. All of the above. e. None of the above.

Which if any) of the following will not influence the performance of alliances and networks? a. Equity. b. Learning and experience. c. Nationality. d. Relational capabilities. e. All can have an influence.

Which if any) of the following are not involved in the stages of forming business relationships? a. The decision to cooperate. b. The decision to not cooperate. c. The choice of contract or equity. d. Positioning the Relationship. e. All of the above are involved.

As a type of relationship tie, exploitation refers to such things as: a. Selfishness. b. Choice. c. Efficiency. d. Execution. e. B through D above.

Which represents an alliance with suppliers? a. Horizontal alliances. b. Upstream vertical. c. Downstream vertical. d. All of the above. e. None of the above.

The first concern in determining whether a relationship should be based on contract or equity is: a. The kind of resources and capabilities that are shared. b. Direct monitoring and control. c. Real options. d. Institutional constraints. e. None of the above.

Weak ties in organizational relationships: a. Are more trustworthy and are cultivated over a long period of time. b. Are associated with exchanging finer-grained information. c. Provide an informal, social control mechanism. d. A through C above. e. Are less costly to maintain.

The stock market responds favorably to alliance activities, but only under which circumstances? a. Complementary resources. b. Previous alliance experience. c. Ability to manage the host country's political risk. d. Partner buyouts. e. All of the above.

Emerging trends concerning formal government policies on entry mode requirements include: a. More liberal policies. b. Imposing considerable requirements. c. A and B above. d. Welcoming wholly owned subsidiaries. e. Banning joint ventures.