Reference no: EM133438852
Questions
1. Inter-organizational relationships are the relatively enduring resource transactions, flows, exchanges and linkages that occur among two or more organizations
True
False
2. Which of the following is a type of an inter-organizational relationship that a firm can have with other firms in the environment
Supply Sourcing
Mechanistic
Functional
Matrix
3. A Strategic Alliance is less formal and binding than a Joint Venture because a new and separate entity is not formed in a strategic alliance but is formed as part of a joint venture.
True
False
4. The amount of control an organization gets over the joint outcomes it has with another firm is more in the case of a board interlock than in the case of a merger.
True
False
5. Organizational ecosystems are the systems formed by the interaction of a community of organizations (e.g., suppliers, vendors, competitor, contractors etc.) and their environment
True
False
6. Use your knowledge of the content from slides on 'Inter-organizational relationhips' to match the correct pairs:
- A. B. C. D.
Acquisition/Merger
- A. B. C. D.
Joint Venture
- A. B. C. D.
Board Interlock
- A. B. C. D.
Supply Sourcing
A. In 2018, Kroger Co. reached a deal to buy the U.S.'s largest private meal kit company 'HomeChef' in a move to take advantage of a fast-growing consumer trend of ordering ready-to-cook food items
B. Firm 'A' and Firm 'B' came together to form Firm 'C' - which is a new and different organizational entity from its parent firms.
C. Jamie was appointed as a Director to the Boards of two different firms at the same time - Thus creating a connection among these two firms.
D. Firms establish contracts with key suppliers to acquire resources to supplement inhouse resources and capabilities and ensure continuity of production
7. To boost the process of new drug discovery, Pfizer partnered with PostEra - a biotechnology company specializing in machine learning solutions that can help with the drug discovery process. In this way, the two organizations contributed their expertise and resoruces to the common cause of discovering effective new drugs faster, even as they maintained their status as separate organizations.
This is an example of a merger.
True
False