What are important considerations that will result in a successful global strategic alliance between two countries?
What will be an ideal response?
There are five attributes that are important while considering global strategic alliances as illustrated by the example of Sony and Samsung. These can be listed as follows:
1. Two or more companies develop a joint long-term strategy aimed at achieving world leadership by pursuing cost leadership, differentiation, or a combination of the two.
2. The relationship is reciprocal. Each partner possesses specific strengths that it shares with the other; learning must take place on both sides.
3. The partners' vision and efforts are truly global, extending beyond home countries and the home regions to the rest of the world.
4. When competing in markets excluded from the partnership, the participants retain their national and ideological identities.
5. The relationship is organized along horizontal, not vertical, lines. Continual transfer of resources laterally between partners is required, with technology sharing and resource pooling representing norms.
You might also like to view...
A traditional costing system has fewer cost pools than does an activity-based costing (ABC) system
Indicate whether the statement is true or false
What are the adverse consequences of the diversity distinction categories?
What will be an ideal response?
Unqualified indorsements are considered negotiable instruments
Indicate whether the statement is true or false
Bracken Clinic uses client-visits as its measure of activity. During September, the clinic budgeted for 2,100 client-visits, but its actual level of activity was 2,140 client-visits. The clinic has provided the following data concerning the formulas used in its budgeting and its actual results for September:Data used in budgeting: Fixed element per month Variable element per client-visitRevenue $44.50Personnel expenses$26,100 $12.60Medical supplies 600 7.20Occupancy expenses 6,500 2.40Administrative expenses 3,100 0.10Total expenses$ 36,300 $ 22.30Actual results for September: Revenue$93,240 Personnel expenses$50,754 Medical supplies$15,328 Occupancy expenses$11,646 Administrative expenses$3,394 The revenue variance for September would be closest to:
A. $1,990 F B. $1,990 U C. $210 U D. $210 F