Which of the Following Statements About Strategic Alliances Is True

question 78

Multiple Choice

Which of the following statements about strategic alliances is true?

• A) Managers typically do not devote enough time to screening potential partners in financial terms.
• B) For the alliance to work, the partners should consider one another's areas of expertise.
• C) It is typical that the most successful strategic alliances have the same research interests.
• D) Sometimes strategic alliances can slow down the work of two organizations.
• E) Manufacturing costs are often increased by using a strategic alliance.

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Definitions:

Warranty

A guarantee given to the purchaser by a manufacturer or dealer, promising to repair or replace the product within a certain period if necessary.

Claim Policies

Guidelines and procedures established by companies for handling customer claims regarding product or service issues.

Supplier Development

The process of working with suppliers to improve their performance and capabilities in order to meet the buying firm's supply chain requirements.

Organizational Buyers

Businesses or entities that purchase products or services for use in the production of other goods and services, for resale, or for operational purposes.