STUDENTS SUCCESS
Revision Examination Tests
“Come all for this Greatness”
... 100% Correct Ans ...
SEVI 3013 FINAL EXAM
2024-2025 ACTUAL EXAM COMPLETE 200-
QUESTIONS AND CORRECT DETAILED ANSWERS
Understand the Build-Borrow-Buy framework and be able to discuss its implications
for decisions on acquiring resources and capabilities
Ans: a conceptual model that aids strategic leaders in deciding whether to pursue
internal development (build), enter a contractual arrangement or strategic alliance
(borrow), or acquire new resources, capabilities, and competencies (buy)
Quiz Why did Lyft enter into strategic alliances with GM and Waymo?
Ans: attempt to close the gap w/ Uber
Quiz What were the benefits of these strategic alliances for Lyft?
Ans: - competitive advantage from Uber
- looking for cash/capital to get things done
Quiz What were the benefits of these strategic alliances for GM?
Ans: - (equity alliance) allowed the firm to tap into the 2nd largest mobile
transportation network
- allowed to enter into the mobile transportations and logistics market
- equity investment also allowed to hedge against uncertainty
Quiz What were the benefits of these strategic alliances for Waymo?
Ans: - participate to get into a new industry
- new market of ridesharing
Quiz What are the benefits of strategic alliances (Borrow)?
Ans: - flexible
, Quiz What are the benefits of internal development (build)?
Ans: - controllable in business
- less expensive
Quiz What are the benefits of mergers/acquisitions (Buy)?
Ans: - overcoming barriers of entry
- pre-empt people from getting to business
Quiz What are the risks of internal strategic alliances (Borrow)?
Ans: long negotiations and a lack of commitment and trust
Quiz What are the risks of internal development (build)?
Ans: time consuming and overconfident w/ resources
Quiz What are the risks of mergers/acquisitions (Buy)?
Ans: most costly, complex, and difficult to reverse strategic option
Quiz What are strategic alliances?
Ans: voluntary arrangement between firms that involves sharing of:
- knowledge
- resources
- capabilities
Quiz Why do firms enter into strategic alliances?
Ans: - strengthen competitive position
- enter new markets
- hedge against certainty
- access critical complementary assets
- learn new capabilities
Quiz Non-equity alliance
Ans: - partnership based on contracts
- supply agreements, distribution agreements, licensing agreements, franchise
Quiz Equity alliance
Ans: - one partner takes partial equity stake in other (GM/Lyft)
Quiz Joint venture
Ans: - standalone organization, created and jointly owned by 2 or more parent
companies (Hulu)
Revision Examination Tests
“Come all for this Greatness”
... 100% Correct Ans ...
SEVI 3013 FINAL EXAM
2024-2025 ACTUAL EXAM COMPLETE 200-
QUESTIONS AND CORRECT DETAILED ANSWERS
Understand the Build-Borrow-Buy framework and be able to discuss its implications
for decisions on acquiring resources and capabilities
Ans: a conceptual model that aids strategic leaders in deciding whether to pursue
internal development (build), enter a contractual arrangement or strategic alliance
(borrow), or acquire new resources, capabilities, and competencies (buy)
Quiz Why did Lyft enter into strategic alliances with GM and Waymo?
Ans: attempt to close the gap w/ Uber
Quiz What were the benefits of these strategic alliances for Lyft?
Ans: - competitive advantage from Uber
- looking for cash/capital to get things done
Quiz What were the benefits of these strategic alliances for GM?
Ans: - (equity alliance) allowed the firm to tap into the 2nd largest mobile
transportation network
- allowed to enter into the mobile transportations and logistics market
- equity investment also allowed to hedge against uncertainty
Quiz What were the benefits of these strategic alliances for Waymo?
Ans: - participate to get into a new industry
- new market of ridesharing
Quiz What are the benefits of strategic alliances (Borrow)?
Ans: - flexible
, Quiz What are the benefits of internal development (build)?
Ans: - controllable in business
- less expensive
Quiz What are the benefits of mergers/acquisitions (Buy)?
Ans: - overcoming barriers of entry
- pre-empt people from getting to business
Quiz What are the risks of internal strategic alliances (Borrow)?
Ans: long negotiations and a lack of commitment and trust
Quiz What are the risks of internal development (build)?
Ans: time consuming and overconfident w/ resources
Quiz What are the risks of mergers/acquisitions (Buy)?
Ans: most costly, complex, and difficult to reverse strategic option
Quiz What are strategic alliances?
Ans: voluntary arrangement between firms that involves sharing of:
- knowledge
- resources
- capabilities
Quiz Why do firms enter into strategic alliances?
Ans: - strengthen competitive position
- enter new markets
- hedge against certainty
- access critical complementary assets
- learn new capabilities
Quiz Non-equity alliance
Ans: - partnership based on contracts
- supply agreements, distribution agreements, licensing agreements, franchise
Quiz Equity alliance
Ans: - one partner takes partial equity stake in other (GM/Lyft)
Quiz Joint venture
Ans: - standalone organization, created and jointly owned by 2 or more parent
companies (Hulu)
