About establishing controls through structural arrangements

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Reference no: EM133291881

Assignment:

1. Which of the following is incorrect about ensuring strategic fit in proper partner selection?

a. For effective partner selection, it is important that the bases of complementarity be firmly established.

b. Each partner should share the extent of importance or criticality of the partnership.

c. Strategic fit refers to whether the partner can provide the complementary skills and resources that the focal firm cannot acquire or possess in ways that constitute a strategic advantage.

d. Assessing complementary skills is only secondary to assessing competencies in partner selection.

2. Which of the following is incorrect about establishing controls through structural arrangements?

a. Partners need to understand the structure of information exchange.

b. The scope and the frequency of information exchange should typically adhere to government guidelines.

c. Partners should learn ways in which to resolve conflicts between them.

d. Partners need to know the metrics that define the performance of the alliance.

3. Which of the following is not a condition for qualifying as a strategic alliance?

a. The partner firms exchange their accounting and financial statements and are allowed to critique each other's financial strategies.

b. The partner firms share the benefits of the alliance and control over the performance of assigned tasks.

c. The two or more firms that unite to pursue a set of agreed-upon goals remain independent subsequent to the formation of the alliance.

d. The partner firms contribute on a continuing basis in one or more key strategic areas, e.g. technology, products, and so forth.

4. Every time you buy lunch from San Francisco State Station Café, they provide you with a receipt and a coupon to have $2 off at a neighborhood pizza restaurant. The alliance agreement between San Francisco State Station Café and the pizza restaurant is an example of _____

a. equity-sharing alliance

b. supplier-retailer alliance

c. functional alliance

d. joint venture.

Reference no: EM133291881

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