Multiple Choice
Visionary Optical Research has patented a new type of implantable lens for people with serious eye defects. It does not have access to the financial assets or marketing expertise to begin manufacturing and selling the lenses on a large scale.
A) VOR should form a strategic alliance with a firm with complementary resources.
B) VOR should form an R&D joint venture with another firm.
C) VOR should engage in a joint venture with a firm that has access to restricted markets.
D) VOR should outsource the manufacturing of the lenses to a company in a low-wage environment.
Correct Answer:

Verified
Correct Answer:
Verified
Q26: Outsourcing is controversial in the U.S. because
Q27: Alliances for the purpose of diversification are
Q28: The main attraction for foreign firms in
Q29: Everything else being equal, a potential alliance
Q30: _ can enable a firm to have
Q32: Corporate-level strategic alliances often serve the same
Q33: Along with differences in cultures, the major
Q34: Firms often form alliances with partners from
Q35: The C.E.O. of Stability, Inc., a U.S.
Q36: A strategic alliance is a relationship between