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27/9/16, 3:53 PM

Frynas and Mellahi: Global Strategic Management 3e

Chapter 6: Multiple choice questions

Results

You have answered 5 out of 10 questions correctly.

Your percentage score is 50%.
Question 1
Which of the following is NOT a strategic alliance?
Your answer:
a) Joint marketing campaign
Correct answer:
d) Merger
Feedback:
A merger is not a strategic alliance.
Page reference: 188-189

Question 2
What is the most frequent internal motive for a strategic alliance?
Your answer:
a) Resource need
Feedback:
The most frequent internal motive for a strategic alliance is part of a resource need.
Page reference: 190

Question 3
A partnership between companies in different lines of business, is called:
Your answer:
b) Diversification alliance
Feedback:
A partnership between companies in different lines of business, is called diversification alliance.
Page reference: 192-194

Question 4
An alliance between a supplier and a buyer that agree to use and share skills and capabilities in the supply chain, is called:
Your answer:

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Oxford University Press | Online Resource Centre | Multiple choice questions

27/9/16, 3:53 PM

b) Shared supply alliance

Correct answer:
d) Vertical integration alliance
Feedback:
An alliance between a supplier and a buyer that agree to use and share skills and capabilities in the supply chain, is called vertical
integration alliance.
Page reference: 191-192

Question 5
What is the most important criterion for selecting an alliance partner?
Your answer:
a) Alliance partner must help the company towards a competitive advantage.
Feedback:
The most important criterion for selecting an alliance partner is helping the company towards a competitive advantage.
Page reference: 194

Question 6
An optimal business partner in a successful international strategic alliance should have two key qualities:
Your answer:
b) Partner-related criteria and task-related criteria
Correct answer:
d) Strategic fit and cultural fit
Feedback:
An optimal business partner in a successful international strategic alliance should have two key qualities: 1. strategic fit and 2. cultural fit.
Page reference: 196-197

Question 7
Why do alliances between a large Western multinational firm and an emerging economy firm often fail?
Your answer:
b) The partner objectives are very divergent.
Feedback:
Alliances between a large Western multinational firm and an emerging economy firm often fail due to differing objectives.
Page reference: 198

Question 8
What is "strategic control"?
Your answer:
b) The process by which one entity influences, to varying degrees, the behaviour and output of another entity through informal mechanisms.
Correct answer:
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Oxford University Press | Online Resource Centre | Multiple choice questions

27/9/16, 3:53 PM

c) Control over the means and methods on which the whole conduct of an organization depends.
Feedback:
Strategic control is control over the means and methods on which the whole conduct of an organization depends.
Page reference: 199

Question 9
The average life span for a strategic alliance is about:
Your answer:
b) 3 years
Correct answer:
c) 7 years
Feedback:
The average life span for a strategic alliance is about 7 years.
Page reference: 201

Question 10
What advantage comes from trust between alliance partners?
Your answer:
b) Trust makes partners more willing to share information.
Feedback:
An advantage of trust is that it makes partners more willing to share information.
Page reference: 204

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