Exam 9: Corporate Strategy: Acquisitions, Alliances, and Networks

Low-degree centrality improves firm performance.

In an equity alliance,firms tend to share mostly explicit knowledge.

Looking through the lens of the structure-conduct-performance (SCP)model,_____ changes in the underlying industry structure favor the surviving firms.

Partner commitment concerns the willingness to make available necessary resources and to accept _____ sacrifices to ensure _____ rewards.

What is alliance management capability?

Which of the following is NOT included in the phase of post-formation alliance management?

The most common type of alliance is a(n)______,which is based on contracts between firms.

Large firms frequently have dedicated ______ units,such as Johnson & Johnson Development Corporation.

Learning races describe situations in which both partners are motivated to form an alliance for learning,but the firm that learns faster and thus accomplishes its goal more quickly has an incentive to exit the alliance or reduce its knowledge sharing.

A non-equity alliance has a major drawback which is that it has _____.

Please specify four sources of value creation in horizontal integration and choose one of the benefits of horizontal integration to provide an example.

Which of the following is NOT related to strategic networks?

Disney's purchase of Pixar is an example of _____,in which both teams believed that joining the two companies was a good idea.

Describe the pros and cons of a non-equity alliance.

_____ is the process of acquiring and merging with competitors,leading to industry consolidation.

A(n)_____ is a social structure composed of multiple organizations and the links among the nodes.

Apple orchestrated a web of strategic alliances with publishing houses to challenge Amazon's early lead in the delivery of e-content.This was due to which of the following reasons listed?

An acquisition describes the joining of two independent companies to form a combined entity.

Biotech firm Genentech licensed its newly developed drug Humulin to the pharmaceutical firm Eli Lilly for manufacturing and distribution.This is an example of a horizontal strategic alliance.

Strategic alliances are volunteer arrangements between firms that involve the sharing of knowledge,resources,and capabilities with the intent of developing processes,products,or services.