For years,Motorola complained about formal and informal Japanese trade barriers.In 1987,Motorola allied itself with Toshiba to build microprocessors.This alliance helped Motorola secure government approval to enter the Japanese market.This is an example of which advantage to strategic alliances?
A) A strategic alliance could help the firm establish technological standards for the industry that will benefit the firm.
B) A strategic alliance is a way to bring together complementary skills and assets that neither company could easily develop on its own.
C) Strategic alliances allow firms to share fixed costs.
D) Strategic alliances may facilitate entry into a foreign market.
Correct Answer:
Verified
Q40: The _efers to the systematic reduction in
Q41: Which strategy makes the most sense when
Q42: Strategic alliances have three major advantages.These are
Q43: The term _efers to cooperative agreements between
Q44: According to the textbook,the success of a
Q45: _ run the range from formal joint
Q46: _egy makes sense if a firm has
Q47: Which strategy focuses on increasing profitability by
Q48: _ agreements are one way to achieve
Q50: Managing an alliance successfully requires building interpersonal
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents