Quiz 2


1.       What does it mean by Strategic alliances?
A.         An agreement whereby one firm provides managerial assistance to a second firm
B.         Firm that uses a strategy of unrelated diversification
C.         Proses of developing a particular international strategy
D.         Business arrangement in which two or more firms choose to corporate for their mutual      benefit


2.       Which of the following is the benefit of Strategic alliances, except?
                      I.            Shared risk
                    II.            Synergy and competitive advantage
                  III.            Ease of market entry
                  IV.            Distribution of earnings

A.             I and II
B.             II,III and IV
C.             IV
D.             I,II,III and iv

3.       Choose the correct definition for the benefit of strategic alliances below :
“Strategic alliances can be used to either reduce or control individual firm’s risks”

A.              Share knowledge and expertise
B.               Share risks
C.               Ease of market entry
D.              Changing circumstances

4.    Type of Functional alliances consist of 4 types, which is the correct types?
A.              Finance Strategic alliances
B.               Competitive advantage
C.               Shared risk
D.              Incompatibility of partners

5.          Production alliances mean by :

A.             Functional alliance in which two or more firms share marketing services or expertise
B.             Functional alliance in which two or more firms each manufacture products or provide services in a shared or common facility
C.             Functional alliance of firms that want to reduce the financial risks associated with a project
D.             Partners agree to undertake joint research to develop new products or services

6.     The success of any cooperative undertaking depends on choosing the appropriate partners.       Which is the factors in selecting the partner?

                    I.               The relative safeness of the alliances
                  II.               Nature of a potential partner’s product or services
                III.               Compatibility
               IV.               The learning potential of the alliance

A.             I,II and III
B.             I,III and iv
C.             I,II,III and IV
D.             II and IV

7.   Managers should assess the success or failure of previous strategic alliances formed by the potential partner is example situation for :
A.             Compatibility
B.             The relative safeness of the alliances
C.             The learning potential of the alliances
D.             Nature of a potential partner’s product or services

8.         Which one is the most critical implementation of Strategic alliances types are?

A.             Joint management consideration
B.             Financial alliances
C.             Access to information
D.             Conflict over distributing earnings

9.         There are 3 standard approaches are often used to jointly manage a strategic alliance, which is the true  :
                    I.               Delegated arrangement
                  II.               Shared management agreement
                III.               Public private venture
               IV.               Assigned arrangement

A.             I and II
B.             I,II and III
C.             II,III and IV
D.             I,II and IV

10.          Which is a special form of joint venture in Form of Ownership are?

A.             Shared management agreement
B.             The learning  potential of the alliance
C.             Public private venture
D.             Selection of partners

11.      Joint venture (JV) meant by two or more firms join together to create a new business entity that is legally separate and distinct from its parents. JV is a type of?

A.             Strategic alliances
B.             Share risk
C.             Production alliances
D.             Form of ownership

12.      There are 5 fundamental sources of problems that often threaten the viability of strategic alliance :

                    I.               Access to information
                  II.               Incompatibility of partners
                III.               Loss of Autonomy
               IV.               Changing circumstances
                 V.               Distributions of earnings

A.             I,II and III
B.             None of the above
C.             I,II,III,IV and V
D.             II and V

13.          What is the primary cause of the failure of such arrangement in pitfalls of strategic alliances?
A.             Access to information
B.             Incompatibility of partners
C.             Loss of autonomy
D.             Changing circumstances

14.          What is the cause of Changing circumstances, except?
                    I.               Economic condition that motivated the cooperative arrangement may no longer exist
                  II.               Partners not provide the other with information
                III.               Partners not share risk and cost
               IV.               Technological advances may have rendered the agreement obsolete

A.             I and II
B.             III and IV
C.             I and IV
D.             I,II and III

15.          How a Strategic alliance will be managed under a shared management agreement?

A.             One partner take primary responsibility
B.             Both partners participate actively
C.             Both partners delegate management to the joint venture’s executives
D.             Access the potential to learn from each other

16.     Boeing established a strategic alliances with several Japanese firms to reduce its financial risks in the development and production of the Boeing 777 jet by the potential partner is example situation for :

A.             Share risk
B.             Share knowledge and expertise
C.             Selection of partners
D.             Share management agreement

17.          “Strategic alliances are aimed not only at expansion, but also to create higher profile in a highly competitive market” is statement by who:

A.             Sheikh Ahmad bin Saeed Al Maktoum
B.             Gulfjet
C.             Robert Glueck
D.             Yousef Al Ghareeb

18.          What is the situation will make Comprehensive alliances arise?

A.             Participating firms agree to perform together multiple  stages of the process by which goods or services are brought to the market
B.             Functional alliance of firms that want to reduce the financial risks associated with a project
C.             Partners agree to undertake joint research to develop new products or services
D.             The scope of cooperation among firms
19.          Confederation of organizations that band together to research and develop new product and process for world market is statement for?

A.             Financial alliances
B.             Research and development alliances
C.             Marketing alliances
D.             Production alliances

20.          The firm should select a compatible partner that can be trust and with whom it can work effectively mean by?

A.             The relative safeness of the alliance
B.             Compatibility
C.             Nature of potential partner’s product or services
D.             The learning potential of the alliance







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