1. A(n) ____ is a voluntary agreement of cooperation between firms.
Answer
Correct Answer:
Equity-based alliance
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2. The purpose of an eco-machine is to ________.
Answer
Correct Answer:
Treat wastewater
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3. Alliances between firms that are also competitors in another sphere is an example of:
Answer
Correct Answer:
Co-opetition
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4. The way in which alliance partners integrate their interests, use combined resources and relate is called ___________?
Answer
Correct Answer:
Alliance governance
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5. Which of the following are types of strategic partnership?
Answer
Correct Answer:
All of the above
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6. According to Gulati, ___________ are defined as purposive linkages between organizations that cover collaborations involving an exchange, a co-development or a sharing relationship.
Answer
Correct Answer:
Strategic alliances
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7. Firms collaborate in order to:
Answer
Correct Answer:
All of the above
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8. For Penrose (1959), firms are superior to markets in terms of their _________.
Answer
Correct Answer:
Endogenous creation of knowledge, innovation and value
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9. Coase argued that the existence of the firm, as an alternative to market transactions, can be attributed to _______.
Answer
Correct Answer:
High market transaction costs
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10. According to the Industrial Organization approach, firms cooperate because of the incentive for ________.
Answer
Correct Answer:
Price collusion
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11. Which of the following approaches address inter-firm collaboration?
Answer
Correct Answer:
The Industrial Organization (IO) approach
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12. Pitelis defines a quasi-stable and durable, formal or informal arrangement between two or more independent firms, aiming to further the perceived interests of the parties involved as ___________.
Answer
Correct Answer:
Inter-firm cooperation
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