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Strategic Management Chapter 9 Questions & Answers(RATED A+) $13.99   Add to cart

Exam (elaborations)

Strategic Management Chapter 9 Questions & Answers(RATED A+)

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  • Strategic Management Chapter 9

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 - ANSWERacquisitions A conceptual model that helps strategists choose bet...

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  • November 3, 2024
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  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Strategic Management Chapter 9
  • Strategic Management Chapter 9
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Strategic Management Chapter 9
Questions & Answers(RATED 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 - ANSWERacquisitions



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 - ANSWERbuild-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 - ANSWERstrategic 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 - ANSWERhedge 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 - ANSWERjoint 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 - ANSWERhow it will achieve growth



Which of the following are the three choices in the build-borrow-or-buy framework? (Check all that
apply.)

Multiple select question.

elimination of product costs

strategic alliances

acquisition of new resources

internal development - ANSWERstrategic alliances

acquisition of new resources

internal development



In order for an alliance to qualify as ______, it must have the potential to alter a company's
competitive advantage.

Multiple choice question.

a partnership

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