Question 1

What two areas are learning opportunities manifested into?

Accepted Answer

A)   managerial and technological
B)   operational and organizational
C)   operational and managerial
D)   technological and organizationalE) All of the above
F) A) and B)

Question 2

Which of these is not included in capability?

Accepted Answer

A)   strategy
B)   development
C)   financial
D)   organizationalE) None of the above
F) A) and D)

Question 3

If ownership is equal to 50 per cent, the joint venture is considered _________.

Accepted Answer

A)   co-owned
B)   split-over
C)   minority-owned joint venture
D)   both A and BE) C) and D)
F) A) and D)

Question 4

IBM and Hewlett Packard have made an agreement at which each company will be offering consulting services for specific type of service. This is an example of Coservice Agreement.

Accepted Answer

A) True 
 B)False

Question 5

The agreement made between Delta and Air France is an example this kind of agreement.

Accepted Answer

A)   co-service
B)   long-term supply
C)   short-term supply
D)   contractualE) None of the above
F) All of the above

Question 6

All GSAs are

Accepted Answer

A)   permanent.
B)   successful.
C)   transitional.
D)   none of the aboveE) A) and C)
F) A) and B)

Question 7

_____________ concerns the extent to which each party's corporate culture is compatible, thus leading to a more cooperative atmosphere during GSA operations.

Accepted Answer

A)   Compatibility of goals
B)   Complementarity of resources
C)   Cooperative culture
D)   CommitmentE) None of the above
F) A) and B)

Question 8

To acquire partner knowledge, a firm needs to identify what kinds of knowledge it needs and then actively extract and transfer this needed knowledge from its partner towards its own organization.

Accepted Answer

A) True 
 B)False

Question 9

Cooperative Joint Venture means additional economic benefits (financial, operational, or technological) arising from cooperation between two parties that provide each other with complementary resources or capabilities.

Accepted Answer

A) True 
 B)False

Question 10

Commitment frompartners' opportunism fosters cooperation.

Accepted Answer

A) True 
 B)False

Question 11

Redefinition is one of the forms of terminating a partnership.

Accepted Answer

A) True 
 B)False

Question 12

In a cooperative joint venture, the profits and responsibilities are split in half.

Accepted Answer

A) True 
 B)False

Question 13

Which of these is not a result of an economic benefit?

Accepted Answer

A)   knowledge acquisition
B)   market entry
C)   Both of these
D)   Neither of theseE) C) and D)
F) B) and D)

Question 14

A GSA allows a firm to bypass entry barriers into a target foreign country.

Accepted Answer

A) True 
 B)False

Question 15

A co-management arrangement is a loosely structured alliance in which cross-national partners collaborate in _________.

Accepted Answer

A)   production management
B)   information systems development
C)   value-chain integration
D)   all of the aboveE) A) and B)
F) None of the above

Question 16

______________ projects are a special type of non-equity cooperative alliance whereby the exploration costs are borne by the foreign partner, with development costs later shared by a local entity.

Accepted Answer

A)   Uncooperative joint venture
B)   Joint exploration
C)   Non-equity joint venture
D)   None of the aboveE) A) and C)
F) None of the above

Question 17

A majority equity holding means that the partner has more at stake in the alliance than the other partner(s)

Accepted Answer

A) True 
 B)False

Question 18

Although the two firms entering into a contractual partnership have the option of forming a limited liability entity with legal person status, most cooperative ventures involve joint activities without the creation of a new corporate entity.

Accepted Answer

A) True 
 B)False

Question 19

In GSAs, _____________ and ________________ costs are generally heightened.

Accepted Answer

A)   production and research
B)   raw materials and production
C)   coordination and governance
D)   none of the aboveE) A) and C)
F) A) and D)

Question 20

The equity joint venture (EJV) is a legally and economically separate organizational entity created by two or more parent organizations that collectively invest financial as well as other resources to pursue certain objectives.

Accepted Answer

A) True 
 B)False

Exam 12: Building and Managing Global Strategic Alliances Gsas

To acquire partner knowledge, a firm needs to identify what kinds of knowledge it needs and then actively extract and transfer this needed knowledge from its partner towards its own organization.

Correct AnswerverifiedShow Answer

Although the two firms entering into a contractual partnership have the option of forming a limited liability entity with legal person status, most cooperative ventures involve joint activities without the creation of a new corporate entity.

Correct AnswerverifiedShow Answer

Cooperative Joint Venture means additional economic benefits (financial, operational, or technological) arising from cooperation between two parties that provide each other with complementary resources or capabilities.

Correct AnswerverifiedShow Answer

IBM and Hewlett Packard have made an agreement at which each company will be offering consulting services for specific type of service. This is an example of Coservice Agreement.

Correct AnswerverifiedShow Answer

A co-management arrangement is a loosely structured alliance in which cross-national partners collaborate in _________.

Correct AnswerverifiedShow Answer

A GSA allows a firm to bypass entry barriers into a target foreign country.

Correct AnswerverifiedShow Answer

______________ projects are a special type of non-equity cooperative alliance whereby the exploration costs are borne by the foreign partner, with development costs later shared by a local entity.

Correct AnswerverifiedShow Answer

Redefinition is one of the forms of terminating a partnership.

Correct AnswerverifiedShow Answer

If ownership is equal to 50 per cent, the joint venture is considered _________.

Correct AnswerverifiedShow Answer

In a cooperative joint venture, the profits and responsibilities are split in half.

Correct AnswerverifiedShow Answer

What two areas are learning opportunities manifested into?

Correct AnswerverifiedShow Answer

In GSAs, _____________ and ________________ costs are generally heightened.

Correct AnswerverifiedShow Answer

The equity joint venture (EJV) is a legally and economically separate organizational entity created by two or more parent organizations that collectively invest financial as well as other resources to pursue certain objectives.

Correct AnswerverifiedShow Answer

Which of these is not a result of an economic benefit?

Correct AnswerverifiedShow Answer

A majority equity holding means that the partner has more at stake in the alliance than the other partner(s)

Correct AnswerverifiedShow Answer

All GSAs are

Correct AnswerverifiedShow Answer

_____________ concerns the extent to which each party's corporate culture is compatible, thus leading to a more cooperative atmosphere during GSA operations.

Correct AnswerverifiedShow Answer

Commitment frompartners' opportunism fosters cooperation.

Correct AnswerverifiedShow Answer

Which of these is not included in capability?

Correct AnswerverifiedShow Answer

The agreement made between Delta and Air France is an example this kind of agreement.

Correct AnswerverifiedShow Answer

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In GSAs, _ and ____ costs are generally heightened.

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