Question

7. An advantage of joint ventures is ______.

   1. A) the protection of know-how

   2. B) the access to partners’ assets

   3. C) the case of global coordination

   4. D) the complete equity and operational control

8. ____8. A disadvantage of acquisitions is ______.

   1. A) the inability to add new capacity to industry

   2. B) the inability to coordinate globally

   3. C) high development costs

   4. D) the slow entry speed

9. Antitrust policies aim to balance efficiency and fairness in trade. A) True

10. B) False

____10. The antitrust policies in the United States make it difficult for incumbents to raise entry barriers for new entrants.

A) True B) False

____11. Pre-acquisition analysis often focuses on strategic fit, which is the effective matching of ______ strategic capabilities.

A) competitive
B) complementary C) rational
D) Collaborative

____12. Which is the best-case scenario for an equity-based alliance?

1. A) High tacitness and high importance to direct organizational monitoring and control.

2. B) Low potential as real options and low influence of formal institutions.

3. C) High tacitness and low influence of formal institutions.

4. D) Low tacitness and high importance to direct organizational monitoring and control.

13. During the first stage of alliance formation, a firm decides whether growth can be achieved strictly through market transactions, acquisitions, or alliances.

A) True B) False

14. Local responsiveness makes local customers and governments happy and helps decrease costs.

A) True B) False

Answer 1

7. An advantage of joint ventures is

The correct answer is the second option i.e. option B) the access to partners’ assets

8. A disadvantage of acquisitions is:

The correct answer is option C) High Development Costs

9. Antitrust policies aim to balance efficiency and fairness in trade. The correct answer is A) True

10. The antitrust policies in the United States make it difficult for incumbents to raise entry barriers for new entrants.

The correct answer is A) True

11. Pre-acquisition analysis often focuses on strategic fit, which is the effective matching of ______ strategic capabilities.

The correct answer is B) complementary

12. Which is the best-case scenario for an equity-based alliance?

The correct answer is the option A) High tacitness and high importance to direct organizational monitoring and control.

13. During the first stage of alliance formation, a firm decides whether growth can be achieved strictly through market transactions, acquisitions, or alliances.

The correct answer is option A) True

14. Local responsiveness makes local customers and governments happy and helps decrease costs.

The correct answer is option B) False