Chapter 9: Corporate Strategy Quiz
1. The following are examples of cooperative behavior known to contribute to alliance success,
EXCEPT:
A. Actively solving problems
B. Being trustworthy
C. Establishes a favorable position relative to competitors
D. Consistently pursuing ways to combine partners’ resources and capabilities to create value
2. This is a type of nonequity strategic alliance, in which it is the purchase of a value-creating primary
or support activity from another firm.
A. Production
B. Outsourcing
C. Joint Venture
D. Collaborative advantage
3. Purpose is often exploration of new idea
A. Dynamic Alliance Network
B. Stable Alliance Network
C. Synergistic Strategic Alliance
D. Diversifying Strategic Alliance
4. The following are the competitive market conditions, EXCEPT:
A. Slow-cycle markets
B. Fast-cycle markets
C. Standard-cycle markets
D. Unconventional-cycle markets
5. Hypercompetitive, unstable, unpredictable, and complex
A. Slow-cycle markets
B. Fast-cycle markets
C. Standard-cycle markets
D. Unconventional-cycle markets
6. In here, firm’s competitive advantages are shielded from imitation for relatively long periods of
time and where imitation is costly
A. Slow-cycle markets
B. Fast-cycle markets
C. Standard-cycle markets
D. Unconventional-cycle markets
7. An international cooperative strategy in which firms with headquarters in different nations
combine some of their resources and capabilities to create a competitive advantage
A. Complementary Strategic Alliances
B. Cross-border Strategic Alliance
C. Stable Alliance Network
D. Dynamic Alliance Network
8. What alliance was launched because of each of its firm lacked the necessary size to develop
economies of scales and economies of scope, critical components in the global automobile market?
A. Renault and Nissan
B. Mitsubishi and Toyota
C. Yamaha and Ford
D. Kia and Honda
9. The following are three types of strategic alliances, EXCEPT.
A. Joint Venture
B. Complementary strategic alliances
C. Equity strategic alliance
D. Nonequity strategic alliances
10. In this type of strategic alliance, two or more firms create a legally independent company to share
resources and capabilities to develop a competitive advantage
A. Joint Venture
B. Complementary strategic alliances
C. Equity strategic alliance
D. Nonequity strategic alliances
11. In this type of strategic alliance, two or more firms own different percentages of the company they
have formed by combining some of their resources and capabilities for the purpose of creating a
competitive advantage
A. Joint Venture
B. Complementary strategic alliances
C. Equity strategic alliance
D. Nonequity strategic alliances
12. In this type of strategic alliance, two or more firms develop a contractual relationship to share
some of their unique resources and capabilities to create a competitive advantage
A. Joint Venture
B. Complementary strategic alliances
C. Equity strategic alliance
D. Nonequity strategic alliances
13. Alliances are more likely to be made by partners that have?
A. complementary resources and capabilities
B. competitive advantages and strategies
C. values and reputations
D. initiatives and diversity
14. Of the four business-level cooperative strategies, what strategy has the lowest probability of
creating a sustainable competitive advantage and also tends to be temporary?
A. network cooperative strategy
B. cost reducing strategy
C. resource commitment strategy
D. competition reducing strategy
15. A cooperative strategy wherein several firms agree to form multiple partnerships to achieve
shared objectives
A. network cooperative strategy
B. cost reducing strategy
C. resource commitment strategy
D. competition reducing strategy
16. The focus of Opportunity maximization.
A. launch competitive responses to their competitor’s actions
B. gain market power
C. successful alliance experiences
D. maximizing partnership's value-creation opportunities
17. This alliance are built for exploitation of the economies (of scale and/or scope) available between
the firms
A. Complementary Strategic Alliances
B. Cross-border Strategic Alliance
C. Stable Alliance Network
D. Dynamic Alliance Network
18. Firm use this as a contractual relationship to describe and control the sharing of its resources and
capabilities with partners
A. Corporation
B. Franchise
C. Partnership
D. Co-ownership
19. This allows a firm to expand into new product or market areas without completing a merger or
acquisition
A. Franchising
B. Partnership
C. Synergistic Strategic Alliance
D. Diversifying Strategic Alliance
20. In here, firms share some of their resources and capabilities to create economies of scope
A. Franchising
B. Partnership
C. Synergistic Strategic Alliance
D. Diversifying Strategic Alliance