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2026-2027
The strategic alliance between Boeing and its three Japanese partners in
which Boeing helped cover R&D and manufacturing costs was created
primarily for which of the
following reasons?
ANSWERS: Financial
A firm may pursue a(n) ______ if a particular country does not allow wholly owned
foreign operations.
ANSWERS: public-private venture
Comprehensive alliances allow for more synergy by doing which of the
following?
ANSWERS: Making it easier to achieve greater synergy through sheer size and
total resources
Which is NOT among the four primary factors for choosing an appropriate
partner(s) to ensure success of any cooperative undertaking?
ANSWERS: Synergy
,Under a(n) _________ which is reserved for JVs, the partners agree not to get
involved
in ongoing operations and to accede management control to the executives of
the JV itself.
ANSWERS: delegated arrangement
Under delegated arrangement, how is management controlled?
ANSWERS: A management team is developed using key employees or new
hires from both firms and put in place to control the strategic alliance.
Under a(n) __________ , each partner fully and actively participates in managing
the
alliance.
ANSWERS: shared management agreement
Which type of arrangement requires a high level of coordination and near-
perfect agreement between the participating partners?
ANSWERS: Shared management agreement
A management arrangement such as the one in which GM, with a 67-percent stake
in a JV with Raba, a Hungarian truck, engine, and tractor manufacturer, assumed
management
control over the venture's operations is known as a(n)_________ _.
ANSWERS: assigned arrangement
,Which of the following can be a pitfall of a strategic alliance?
ANSWERS: Potential loss of autonomy
Which of the following is NOT a concern regarding the financial considerations
in a strategic alliance?
ANSWERS: Whether or not the strategic alliance may be a first step toward a
takeover
Of the following, which is NOT a key reason a strategic alliance may fail?
ANSWERS: Lack of investment commitments
Which of the following is NOT a way to expand international operations?
ANSWERS: Tariffs
In a joint venture alliance, the goal of the alliance is to do what?
ANSWERS: Cooperate in production of a given product
Which of the following would NOT be an example of shared knowledge and
expertise gained through a strategic alliance?
, ANSWERS: A reduction in the risk of development
In addition to sharing the financial risk, what was one of the advantages
Boeing gained when forming a partnership with Japanese firms to build the
Boeing 777 jet?
ANSWERS: Increased ability to sell to Japanese customers
Which of the following is NOT a type of functional alliance?
ANSWERS: Resource alliance
A production alliance would be defined as which of the following?
ANSWERS: The forming of an alliance to provide services in a shared facility.
What is the advantage that incorporation in the Bahamas offers joint ventures?
ANSWERS: Taxation
In a limited partnership, one firm will _________.
ANSWERS: rely on the other firm(s) to assume full financial responsibility