Exam 9: Corporate Strategy: Strategic Alliances, Mergers and Acquisitions

Which of the following reasons motivated Facebook to acquire Instagram,a photo and video-sharing social media site,for $1 billion in 2012?

The success of the Pixar-Disney strategic alliance demonstrated that

In the New United Motor Manufacturing,Inc.(NUMMI)joint venture,why did Toyota enter into a strategic alliance with General Motors (GM)?

Which of the following is an advantage of equity alliances when compared to non-equity alliances?

Which of the following best illustrates a merger between the two companies GD Inc.and VS Inc.?

One of the first new business apps resulting from the alliance of Apple and IBM will help airline pilots determine the right amount of fuel to carry on a particular flight.This task not only requires significant data analytics but also the need to display the information in an easily understandable way so that pilots can digest it quickly when glancing on their iPad in a cockpit prior to departure.Which of the following parts of this example will Apple be responsible for?

Dream Slope Inc.is a leader in producing winter sports equipment,including skis and skates.Recently,the firm decided to expand into the bobsled market and acquired Sleek Phantom Inc.This company produced bobsleds,but its sales had slowed.The managers of Dream Slope convinced themselves that they were able to manage the business of Sleek Phantom more effectively even though they had no experience in the bobsled market.However,this move backfired and the sale of Sleek Phantom's bobsleds plummeted.Which of the following terms is often used to describe this scenario?

In terms of the build-borrow-or-buy framework,a firm's internal resources are considered to be relevant when they are

In a strategic alliance,the firm that learns faster

What causes the winner's curse?

Which of the following examples describes the task of an alliance manager?

Which of the following statements is true of joint ventures?

Google,the leader in online search and advertisement,engaged in a number of smaller acquisitions of tech ventures.It did this in order to

How does taking a real-options perspective by entering strategic alliances help incumbent firms?

Which of the following statements is true of explicit knowledge?

_____ are best described as contractual alliances in which the participants regularly exchange codified knowledge.

Which of the following is the best definition of a complementary asset?

How does Kraft Foods benefit from its hostile takeover of Cadbury PLC in 2010?

Partner compatibility and partner commitment are necessary conditions for successful alliance formation.Partner compatibility captures

Why did Quaker Oats Company's acquisition of Snapple fail?