Chapter 13 Knowledge Quiz Bus 3370

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Attempt Score Overall Grade (Last Attempt) stion 1 p A ________ is a confederation of organizations that band together to research and develop new products and processes for world markets. research and development consortium Question 2 1 / 1 point A ________ is a special type of strategic alliance in which two or more firms join together to create a new business entity that is legally separate and distinct from its parents. joint venture Question 3 1 / 1 point A comprehensive alliance is formed when two or more firms ________. agree to perform together multiple stages of the process to bring goods or services to market Question 4 1 / 1 point

A comprehensive alliance is formed when two or more firms ________. agree to perform together multiple stages of the process to bring goods or services to market Question 5 1 / 1 point A formal management organization allows a joint venture to be broader in purpose, scope, and duration than other types of strategic alliances. True Question 6 1 / 1 point AT&T and Olivetti announced a strategic alliance. They could not reach an agreement on a marketing strategy for the alliance. What type of problem is this an example of? incompatibility Question 7 1 / 1 point Avia Battery and Simon Battery both manufacture batteries in a shared facility. The two firms have most likely established a(n) ________ alliance. production

Question 8 1 / 1 point Bayer AG formed alliances with smaller biotechnology companies like Millennium Pharmaceuticals and MophoSys to develop miracle drugs. What type of alliance is this an example of? research and development Question 9 1 / 1 point Boeing controls the overall operation of its strategic alliance with Fuji, Mitsubishi, and Kawasaki. This is an example of a(n) ________. delegated arrangement Question 10 1 / 1 point Chrysler and BMW formed a joint venture to build engines in South America. Which term best describes this type of alliance?

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production alliance Question 11 1 / 1 point Countries concerned about the influence of foreign firms on their economies may require MNCs to work with a local partner to enter the market. True 12. If Sony and Samsung create an alliance to manufacture 3- D televisions in a shared facility, then the two firms have most likely formed a ________ alliance. production Question 13 Strategic alliances include cooperation between international firms such as cross-licensing of proprietary technology. True 1 / 1 point In which of the following industries is a public-private venture most likely? oil Question 15 1 / 1 point

What is the most likely problem associated with an assigned arrangement? conflict potential Question 16 1 / 1 point What has been the primary problem associated with the joint venture between VW and Suzuki? partner incompatibility Question 17 1 / 1 point The degree of collaboration in a strategic alliance primarily depends on the ________ of each partner firm. basic goals Question 18 1 / 1 point The government of Abu Dhabi formed a joint venture with Exxon Mobil in 2006. What type of joint venture is this an example of?

public-private venture Question 19 1 / 1 point Toyota and GM created a joint venture called NUMMI because Toyota wanted to learn about how to deal with labor and parts suppliers in the U.S. market while GM wanted to observe Japanese management practices. What benefit of strategic alliances were Toyota and GM primarily seeking? shared knowledge Question 20 1 / 1 point Which pitfall of alliances exists when the economic circumstances that motivated the alliance no longer exist? changing circumstances

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