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

A candy company called SweetThings Inc.forms an agreement with another candy company called Reverie Inc.Through this agreement,SweetThings owns 30 percent of Reverie.However,Reverie does not own any part of SweetThings.This type of agreement is called a(n)

PureSource Pharma Inc.recently acquired BioChem Pharmaceuticals Inc.It now sells its own products along with the products originally sold by BioChem Pharmaceuticals.As a result,PureSource Pharma's sales force will also be marketing the acquired company's products.How will this horizontal integration most likely affect PureSource Pharma?

In Eli Lilly's Office of Alliance Management,the alliance champion is primarily responsible for

Toyota's President,Akio Toyoda,hopes that a transfer of tacit knowledge will take place through its equity alliance with Tesla Motors.He is referring to

Vibgyor Inc.,a manufacturer of smartphones,has entered into a 15-year partnership with a software company to develop sophisticated operating systems and innovative mobile applications for its cell phones.This would mean that both the companies will have to mutually share their resources,knowledge,and capabilities to develop a superior product.What is the relationship between Vibgyor and the software company best referred to as in this scenario?

Medetect Inc.is a large firm involved in the highly competitive market of high-tech medical equipment.In this market,smaller firms that focus on research are constantly making new technological developments.Which of the following approaches would best serve the needs of Medetect?

The Hershey Company,the largest U.S.chocolate manufacturer,decided to enter the Chinese market in 2013 because

Which of the following best illustrates a non-equity alliance?

Why did Pixar enter into a strategic alliance with Disney?

What is horizontal integration?

A _____ is best described as a voluntary arrangement between firms that involves the sharing of knowledge,resources,and capabilities with the intent of developing processes,products,or services.

Which of the following is a result of horizontal integration in terms of Porter's five forces model?

What does the relational view of competitive advantage propose?

The partnership between Toyota and Tesla Motors,in which Toyota has made a $50 million investment in the California startup company to learn new knowledge and gain a window into new technology,is an example of a(n)

In Eli Lilly's Office of Alliance Management,who is responsible for providing the technical expertise and knowledge needed for the specific technical area and the day-to-day management of the alliance?

The main reason behind Google's decision to acquire the Israeli start-up company Waze for $1 billion was to

Which of the following statements is true of an equity alliance?

Dow Corning is a company owned by Dow Chemical and Corning.This is most likely an example of a(n)

In Eli Lilly's Office of Alliance Management,the _____ is a senior,corporate-level executive responsible for high-level support and oversight.

_____ is best described as cooperation by competitors to achieve a strategic objective.