44.
Which one of the following is
not
a strategically beneficial reason a company may enter into
strategic partnerships or cooperative arrangements with key suppliers, distributors, or makers
of complementary products?
45.
The reasons firms enter into strategic alliances is to
46.
Strategic alliances are more likely to be long lasting when
47.
Which of the following is
not
a typical reason that many alliances prove unstable or break
apart?
48.
Experience indicates that strategic alliances
49.
Which of the following is
not
a typical reason that many alliances do not live up to
expectations?
6-47
50.
The Achilles’ heel (or biggest danger/pitfall) of relying heavily on alliances and cooperative
strategies is
Short Answer Questions
51.
Identify and briefly explain five types of offensive strategies.
52.
What is a blue ocean strategy, what is its appeal, and what is its drawback?
53.
What is the purpose of defensive strategy? Give at least two examples of defensive moves.
54.
What are the strategic advantages of being a first mover? What are the strategic advantages
of being a follower or late mover?
55.
In what sorts of circumstances is it strategically advantageous to be a fast follower or late
mover as opposed to a first mover?
56.
Identify five objectives of a merger and acquisition strategy.
57.
Under what sorts of circumstances are mergers with or acquisitions of other companies a
better solution than entering into partnerships or alliances with these companies? How do
mergers and/or acquisitions contribute to enhancing a company’s position?
58.
Identify and briefly explain what is meant by each of the following terms:
a. outsourcing strategy
b. vertical integration strategy
c. first-mover advantage
d. first-mover disadvantage
e. horizontal and vertical scope
59.
What are the strategic advantages of a backward vertical integration strategy?
60.
What are the strategic advantages of a forward vertical integration strategy?
61.
What are the strategic disadvantages of a vertical integration strategy?
62.
What are the merits of outsourcing the performance of certain value chain activities as
opposed to performing them in-house? Under what circumstances does outsourcing make
good strategic sense?
63.
What are the most common reasons companies enter into strategic alliances and collaborative
partnerships?
64.
List four reasons that strategic alliances and collaborative partnerships might fail to live up to
each partner’s expectations.
65.
Explain what is meant by hit-and-run or guerrilla warfare type offensive strategies.
66.
What does launching a preemptive strike entail? Under what circumstances is this offensive
strategy most effective?
67.
What types of companies are the best for offensive-minded challengers to target?
68.
Explain the pros and cons of bypassing regular sales channels in favor of direct sales and
Internet retailing.