When Entering a Foreign Market, It Is Advisable for a New

question 77

Multiple Choice

When entering a foreign market, it is advisable for a new venture that has a core competency only in R&D to form a strategic alliance with a local partner because

• A) the local partner can better protect its proprietary know-how.
• B) building downstream complementary assets can be expensive and time-consuming.
• C) the strategic alliance will reduce the differentiation of its product and service offerings.
• D) the value gap created by the firm can be easily lowered in an alliance.

---

Definitions:

Agency's Service

The range of services or interventions provided by an organization or agency to meet the needs of its clients or constituents.

Modeling

A social learning theory technique where individuals learn by observing and mimicking others' behavior.

Assertiveness Training

Educational programs or sessions aimed at helping individuals communicate their needs, desires, and boundaries in a respectful and confident manner without aggression.

Coaching

is a process aimed at improving performance and achieving personal or professional goals through guided support and mentorship.