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Strategic Cooperation and Alliances MCQ

Strategic Cooperation and Alliances MCQ

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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