Question 1 Strategic alliances help a firm's diversification efforts by offering access to a new product, segment, or region. Group of answer choices True False Question 2 In a typical joint venture, firm A and firm B operate a unit of firm B together. Group of answer choices True False Question 3 Well drafted contracts can help mitigate some of the potential downsides of a strategic alliance. Group of answer choices True False Question 4 Strategic alliances are preferred over vertical integration when the potential partner possesses capabilities that would be needed for the new initiative. Group of answer choices True False

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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Question 1

Strategic alliances help a firm's diversification efforts by offering access to a new product, segment, or region.

Group of answer choices

True

False

Question 2

In a typical joint venture, firm A and firm B operate a unit of firm B together.

Group of answer choices

True

False

Question 3

Well drafted contracts can help mitigate some of the potential downsides of a strategic alliance.

Group of answer choices

True

False

Question 4

Strategic alliances are preferred over vertical integration when the potential partner possesses capabilities that would be needed for the new initiative.

Group of answer choices

True

False

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