Exam 2 Capstone Solution with VERIFIED CORRECT Answers
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NU1426
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NU1426
Exam 2 Capstone Solution with VERIFIED CORRECT Answers
1. All of the following are reasons why firms use international strategic alliances except:
a. Learning new competencies particularly those related to technology.
b. Strategic alliances are easy to manage.
c. Sharing of risks and resourc...
Exam 2 Capstone Solution with VERIFIED
CORRECT Answers
1). 1. all of the following are reasons why firms use international strategic alliances except:
a. learning new competencies particularly those related to technology.
b. strategic alliances are easy to manage.
c. sharing of risks and resources.
d. alliances facilitate the development of new capabilities.
Ans: b. Strategic alliances are easy to manage.
2). 2. acquisitions made between companies with headquarters
a. cross-border acquisitions
b. overseas acquisitions
c. chinese merger
d. related acquisitions
Ans: a. Cross-border Acquisitions
3). 3. late movers are those firms that
a. typically achieve higher-than-average returns because they can imitate the most efficient
actor.
b. respond to a first mover's competitive action often through imitation or a move designed
to counter the effects of the action.
c. respond to a competitive action a significant amount of time after the first mover's action
and the second mover's response.
d. take an initial competitive action (either strategic or tactical).
Ans: c. Respond to a competitive action a significant amount of time after the first
mover's action and the second mover's response.
4). 4. competitors are more likely to respond to competitive actions that are taken by
a. smaller companies.
b. second movers.
c. market leaders.
d. differentiators.
Ans: c. Market leaders.
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, 5). 5. competitive dynamics refers to the
a. ongoing actions and responses taking place among all firms competing within a market
for advantageous positions.
b. total set of actions and responses taken by all firms competing within a market.
c. the number of markets with which a firm and a competitor are jointly involved.
d. circumstances in which competitors are aware of the degree of their mutual
interdependence resulting for market commonality and resource similarity.
Ans: a. Ongoing actions and responses taking place among all firms competing within
a market for advantageous positions.
6). 6. which of the following is not a frequently used strategic approach to set a company apart
from rivals and achieving a sustainable competitive advantage?
a. striving to be the industry's low-cost provider
b. outcompeting rivals on the basis of differentiating features that will appeal to a spectrum
of buyers.
c. developing the best-cost provider strategy that gives customers more value for the
moment.
d. focusing on a narrow market niche and serving buyers' special needs and tastes.
e. striving to be the industries high-price provider.
Ans: e. Striving to be the industries high-price provider.
7). 7. in a(n) ______, two or more firm create a legally independent company to share some of
their resources & capabilities to develop a competitive advantage
a. equality-based strategic alliance
b. non-equity strategic alliance
c. equity strategic alliance
d. joint venture
Ans: d. joint venture
8). 8. which of the following is not a disadvantage of international acquisitions?
a. merging the acquired and acquiring firm is difficult.
b. it is the slowest way to enter a new market.
c. they are very expensive and often require debt financing.
d. the acquiring firm has to deal with the regulatory requirements of a host country.
Ans: b. It is the slowest way to enter a new market.
9). 9. organizations loyalty to its own product is a competitive disadvantage in a ________
market.
a. intermediate cycle.
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