WPC 480 Chapter 9 Exam Questions and
Answers
strategic iialliance ii- iiAnswers ii-is iia iicooperative iistrategy iiin
which iifirms iicombine iisome iiof iitheir iiresources iito
create iia iicompetitive iiadvantage.
cooperative iistrategy ii- iiAnswers ii-is iia iimeans iiby iiwhich
firms iicollaborate iito iiachieve iia iishared iiobjective
joint iiventure ii- iiAnswers ii-is iia iistrategic iialliance iiin iiwhich
two iior iimore iifirms iicreate iia iilegally iiindependent
company iito iishare iisome iiof iitheir iiresources iito
create iia iicompetitive iiadvantage.
equity iistrategic iialliance ii- iiAnswers ii-is iian iialliance iiin
which iitwo iior iimore iifirms iiown iidifferent
percentages iiof iithe iicompany iithey iihave iiformed
by iicombining iisome iiof iitheir iiresources iito iicreate
a iicompetitive iiadvantage.
nonequity iistrategic iialliance ii- iiAnswers ii-is iian iialliance iiin
which iitwo iior iimore iifirms iidevelop iia iicontractual
relationship iito iishare iisome iiof iitheir iiresources iito
create iia iicompetitive iiadvantage.
Complementary iistrategic iialliances ii- iiAnswers ii-are
business-level iialliances iiin iiwhich iifirms iishare
some iiof iitheir iiresources iiin iicomplementary iiways
to iicreate iia iicompetitive iiadvantage.
business-level iicooperative iistrategy ii- iiAnswers ii-is iia
strategy iithrough iiwhich iifirms iicombine iisome iiof
their iiresources iito iicreate iia iicompetitive
advantage iiby iicompeting iiin iione iior iimore iiproduct
markets.
corporate-level iicooperative iistrategy ii- iiAnswers ii-is iia
strategy iithrough iiwhich iia iifirm iicollaborates iiwith
one iior iimore iicompanies iito iiexpand iiits
operations.
, synergistic iistrategic iialliance ii- iiAnswers ii-is iia iistrategy iiin
which iifirms iishare iisome iiof iitheir iiresources iito
create iieconomies iiof iiscope.
diversifying iistrategic iialliance ii- iiAnswers ii-is iia iistrategy
in iiwhich iifirms iishare iisome iiof iitheir iiresources iito
engage iiin iiproduct iiand/or iigeographic
diversification.
cross-border iistrategic iialliance ii- iiAnswers ii-is iia iistrategy
in iiwhich iifirms iiwith iiheadquarters iiin iidifferent
countries iidecide iito iicombine iisome iiof iitheir
resources iito iicreate iia iicompetitive iiadvantage.
Franchising ii- iiAnswers ii-is iia iistrategy iiin iiwhich iia iifirm ii(the
franchisor) iiuses iia iifranchise iias iia iicontractual
relationship iito iidescribe iiand iicontrol iithe iisharing
of iiits iiresources iiwith iiits iipartners ii(the
franchisees).
network iicooperative iistrategy ii- iiAnswers ii-is iia iistrategy
where iiseveral iifirms iiagree iito iiform iimultiple
partnerships iito iiachieve iishared iiobjectives.
A iistrategy iiin iiwhich iifirms iicollaborate iito iiachieve iia iishared iiobjective iiis iiknown iias: ii-
iiAnswers ii-cooperative iistrategy.
The iimain iiobjective iiof iithe iicollaborating iifirms iiin iia iicooperative iistrategy iiis iito: ii-
iiAnswers ii-increase iicompetitive iiadvantage.
An iiAmerican iisandal iicompany iihas iicompletely iisaturated iiits iilocal iimarket. iiThe
iisandals, iiwhich iiare iimade iiof iispecially iimolded iirubber iisoles iithat iiminimize iisoreness
iiassociated iiwith iiunsupportive iisoles, iihave iistarted iito iibuild iia iidemand iiin iiAustralia, iia
iimarket iithe iicompany iiis iiunfamiliar iioperating iiin. iiWhy iimight iithe iisandal iicompany
iienter iiinto iia iicooperative iistrategy iiwith iian iiAustralian iifirm? ii- iiAnswers ii-To iishare
iiunique iiresources iito iidesign, iiproduce, iiand iilaunch iithe iiproduct iiin iiAustralia
As iiweb iidevelopment iicontinues iito iigrow iias iia iicareer iifield, iimore iiand iimore
iieducation iioptions iiare iibeing iicreated iifor iiinterested iimid-career iiprofessionals. iiA
iisoftware iifirm iithat iihas iideveloped iionline iicourses iifor iipeople iito iilearn iiweb
iidevelopment iihas iidecided iito iipartner iiwith iia iipopular iicomputer iimanufacturer iito
iibuild iia iilaptop iiwith iia iispecial iikeyboard iiand iiinterface iielements iifor iiweb
iidevelopment iieducation. iiThe iiidea iicomes iiafter iia iicompetitor iiimplemented iia iisimilar
iicooperative iistrategy iito iidevelop iia iismartphone iiinterface iicompatible iiwith
iieducational iisoftware. iiThe iifollowing iiis iia iimotive iifor iithe iieducation iiand iicomputer
Answers
strategic iialliance ii- iiAnswers ii-is iia iicooperative iistrategy iiin
which iifirms iicombine iisome iiof iitheir iiresources iito
create iia iicompetitive iiadvantage.
cooperative iistrategy ii- iiAnswers ii-is iia iimeans iiby iiwhich
firms iicollaborate iito iiachieve iia iishared iiobjective
joint iiventure ii- iiAnswers ii-is iia iistrategic iialliance iiin iiwhich
two iior iimore iifirms iicreate iia iilegally iiindependent
company iito iishare iisome iiof iitheir iiresources iito
create iia iicompetitive iiadvantage.
equity iistrategic iialliance ii- iiAnswers ii-is iian iialliance iiin
which iitwo iior iimore iifirms iiown iidifferent
percentages iiof iithe iicompany iithey iihave iiformed
by iicombining iisome iiof iitheir iiresources iito iicreate
a iicompetitive iiadvantage.
nonequity iistrategic iialliance ii- iiAnswers ii-is iian iialliance iiin
which iitwo iior iimore iifirms iidevelop iia iicontractual
relationship iito iishare iisome iiof iitheir iiresources iito
create iia iicompetitive iiadvantage.
Complementary iistrategic iialliances ii- iiAnswers ii-are
business-level iialliances iiin iiwhich iifirms iishare
some iiof iitheir iiresources iiin iicomplementary iiways
to iicreate iia iicompetitive iiadvantage.
business-level iicooperative iistrategy ii- iiAnswers ii-is iia
strategy iithrough iiwhich iifirms iicombine iisome iiof
their iiresources iito iicreate iia iicompetitive
advantage iiby iicompeting iiin iione iior iimore iiproduct
markets.
corporate-level iicooperative iistrategy ii- iiAnswers ii-is iia
strategy iithrough iiwhich iia iifirm iicollaborates iiwith
one iior iimore iicompanies iito iiexpand iiits
operations.
, synergistic iistrategic iialliance ii- iiAnswers ii-is iia iistrategy iiin
which iifirms iishare iisome iiof iitheir iiresources iito
create iieconomies iiof iiscope.
diversifying iistrategic iialliance ii- iiAnswers ii-is iia iistrategy
in iiwhich iifirms iishare iisome iiof iitheir iiresources iito
engage iiin iiproduct iiand/or iigeographic
diversification.
cross-border iistrategic iialliance ii- iiAnswers ii-is iia iistrategy
in iiwhich iifirms iiwith iiheadquarters iiin iidifferent
countries iidecide iito iicombine iisome iiof iitheir
resources iito iicreate iia iicompetitive iiadvantage.
Franchising ii- iiAnswers ii-is iia iistrategy iiin iiwhich iia iifirm ii(the
franchisor) iiuses iia iifranchise iias iia iicontractual
relationship iito iidescribe iiand iicontrol iithe iisharing
of iiits iiresources iiwith iiits iipartners ii(the
franchisees).
network iicooperative iistrategy ii- iiAnswers ii-is iia iistrategy
where iiseveral iifirms iiagree iito iiform iimultiple
partnerships iito iiachieve iishared iiobjectives.
A iistrategy iiin iiwhich iifirms iicollaborate iito iiachieve iia iishared iiobjective iiis iiknown iias: ii-
iiAnswers ii-cooperative iistrategy.
The iimain iiobjective iiof iithe iicollaborating iifirms iiin iia iicooperative iistrategy iiis iito: ii-
iiAnswers ii-increase iicompetitive iiadvantage.
An iiAmerican iisandal iicompany iihas iicompletely iisaturated iiits iilocal iimarket. iiThe
iisandals, iiwhich iiare iimade iiof iispecially iimolded iirubber iisoles iithat iiminimize iisoreness
iiassociated iiwith iiunsupportive iisoles, iihave iistarted iito iibuild iia iidemand iiin iiAustralia, iia
iimarket iithe iicompany iiis iiunfamiliar iioperating iiin. iiWhy iimight iithe iisandal iicompany
iienter iiinto iia iicooperative iistrategy iiwith iian iiAustralian iifirm? ii- iiAnswers ii-To iishare
iiunique iiresources iito iidesign, iiproduce, iiand iilaunch iithe iiproduct iiin iiAustralia
As iiweb iidevelopment iicontinues iito iigrow iias iia iicareer iifield, iimore iiand iimore
iieducation iioptions iiare iibeing iicreated iifor iiinterested iimid-career iiprofessionals. iiA
iisoftware iifirm iithat iihas iideveloped iionline iicourses iifor iipeople iito iilearn iiweb
iidevelopment iihas iidecided iito iipartner iiwith iia iipopular iicomputer iimanufacturer iito
iibuild iia iilaptop iiwith iia iispecial iikeyboard iiand iiinterface iielements iifor iiweb
iidevelopment iieducation. iiThe iiidea iicomes iiafter iia iicompetitor iiimplemented iia iisimilar
iicooperative iistrategy iito iidevelop iia iismartphone iiinterface iicompatible iiwith
iieducational iisoftware. iiThe iifollowing iiis iia iimotive iifor iithe iieducation iiand iicomputer
