Question 1

Identify at least three factors that can aid companies in forming a successful strategic alliance.

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Question 2

What are the advantages of strategic alliances and collaborative partnerships with key suppliers?

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Question 3

When is a strategic alliance most likely to be unsuccessful?

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Question 4

Identify and briefly discuss three factors a company must consider in order to capture the benefits of engaging in strategic alliances.

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Question 5

Why does a company racing to stake out a strong position in an industry of the future need strategic alliances?

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Question 6

Why do strategic alliances often fail to measure up to expectations?

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Question 7

Identify and briefly explain what is meant by each of the following terms:
a. outsourcing strategy
b. vertical integration strategy
c. first-mover advantage
d. first-mover disadvantage
e. horizontal and vertical scope

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Question 8

What are the merits of outsourcing the performance of certain value chain activities as opposed to performing them in-house? Under what circumstances does outsourcing make good strategic sense?

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Question 9

You are the owner of a French-Japanese fusion food truck and mobile catering company. Instead of entering into an alliance or partnership with a local restaurateur to establish a bricks-and-mortar location downtown, you decide to merge with C'est La Sushi, a regional chain of French-Japanese fusion restaurants. What are the reasons for preferring a merger to an alliance or partnership? Explain the other organizational mechanisms that are also preferable to alliances.

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Question 10

Why does a company racing for global market leadership need strategic alliances?

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Question 11

What are the strategic disadvantages of a forward vertical integration strategy?

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Question 12

Your best friend is considering opening Emerald City, a canine day- and long-term care business that also performs grooming and minor veterinary services. She wants to know what is meant by hit-and-run (or guerrilla warfare)and preemptive strike offensive strategies. Explain to your friend what hit-and-run and preemptive strike offensive strategies are and then give her the circumstances in which either of these strategies will likely be most effective.

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Question 13

Identify and briefly discuss four disadvantages of a vertical integration system.

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Question 14

What are the merits of strategic alliances and collaborative partnerships for companies racing to seize opportunities in an industry of the future? Under what circumstances do they make sense? How do they contribute to competitive advantage?

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Quiz 6: Strengthening a Companys Competitive Position