STRATEGIC MANAGEMENT CHAPTER 9
EXAM QUESTIONS WITH 100%
CORRECT ANSWERS { GRADED A+}
Strategists can grow their firms by growing organically through internal
development or externally through alliances and ______.
Multiple choice question.
divesting businesses
PESTEL analysis
capabilities
acquisitions - ✔✔acquisitions
A conceptual model that helps strategists choose between seeking internal
development, entering into an alliance, or acquiring new resources, capabilities,
and competencies is called the "______ framework."
,Multiple choice question.
build-borrow-or-buy
organic growth
capability development
internal-versus-external growth - ✔✔build-borrow-or-buy
A voluntary arrangement between firms to share knowledge, resources, and
capabilities to develop products, processes, or services is known as a ______.
Multiple choice question.
wholly owned subsidiary
merger
strategic alliance
hostile takeover - ✔✔strategic alliance
One reason why a firm might enter into a strategic alliance is to ______.
Multiple choice question.
exit markets
increase the number of entrants in the market
, weaken competitive position
hedge against uncertainty - ✔✔hedge against uncertainty
The three mechanisms to govern alliances are non-equity alliances, equity
alliances, and ______.
Multiple choice question.
licensing structure
joint venture
wholly owned subsidiaries
franchise - ✔✔joint venture
A firm must decide whether to build, borrow, or buy to answer the question of
______.
Multiple choice question.
how it will achieve growth
when to start growth
why it must grow
who must initiate growth - ✔✔how it will achieve growth
EXAM QUESTIONS WITH 100%
CORRECT ANSWERS { GRADED A+}
Strategists can grow their firms by growing organically through internal
development or externally through alliances and ______.
Multiple choice question.
divesting businesses
PESTEL analysis
capabilities
acquisitions - ✔✔acquisitions
A conceptual model that helps strategists choose between seeking internal
development, entering into an alliance, or acquiring new resources, capabilities,
and competencies is called the "______ framework."
,Multiple choice question.
build-borrow-or-buy
organic growth
capability development
internal-versus-external growth - ✔✔build-borrow-or-buy
A voluntary arrangement between firms to share knowledge, resources, and
capabilities to develop products, processes, or services is known as a ______.
Multiple choice question.
wholly owned subsidiary
merger
strategic alliance
hostile takeover - ✔✔strategic alliance
One reason why a firm might enter into a strategic alliance is to ______.
Multiple choice question.
exit markets
increase the number of entrants in the market
, weaken competitive position
hedge against uncertainty - ✔✔hedge against uncertainty
The three mechanisms to govern alliances are non-equity alliances, equity
alliances, and ______.
Multiple choice question.
licensing structure
joint venture
wholly owned subsidiaries
franchise - ✔✔joint venture
A firm must decide whether to build, borrow, or buy to answer the question of
______.
Multiple choice question.
how it will achieve growth
when to start growth
why it must grow
who must initiate growth - ✔✔how it will achieve growth
