Major pitfall of new venture success

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Reference no: EM132169628

1. In a strategic alliance, a good partner

a. has capabilities that the company values but that it lacks.

b. helps the company achieve its strategic goals.

c. shares the firm's vision for the purpose of the alliance.

d. is unlikely to opportunistically exploit the alliance.

e. has all of these advantages listed.

2. Partners that share costs and risks of the new business is an attribute of

a. mergers

b. joint venture

c. internal venturing

d. acquisitions

3. Strategic controls systems are developed to measure performance at four levels in an organization. Which of the following is not one of the levels?

a. Corporate

b. Divisional

c. Functional

d. Incorporated

4. The “minimum chain of command” principle states that firms should use the __________ levels of hierarchy that are necessary, and often result in organizational structures that are __________.

a. most; taller

b. fewest; taller

c. minimum; ineffective

d. minimum; flatter

e. highest; flat

5. The means by which a company seeks to coordinate people and functions to accomplish organizational tasks is

a. Strategic control

b. Decentralization

c. Organizational culture

d. Span of control

e. Integration

6. Which of the following seems to be a major pitfall of a new venture's success?

a. Poor communications of the new venture

b. Small-scale entry into the target market

c. A high level of integration between the marketing and R&D functions of the venturing company

d. Supporting many new venture projects in the hope that one will succeed

e. Continuing the new venture if it does not show a profit after short period of time

Reference no: EM132169628

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