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...
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."
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
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller papersbyjol. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $13.99. You're not tied to anything after your purchase.