When Turbo Autos Inc. wanted to sell its cars in the country of Sylvanistan, it lacked access to distribution channels and marketing expertise in the country. Thus, Turbo Autos had to enter into a strategic alliance with a local automobile company to get access to the foreign partner's well-established distribution channels. Which of the following reasons for entering into a strategic alliance is best illustrated in this scenario?
A. increasing competitive intensity
B. reducing differentiation of product and service offerings
C. accessing critical complementary assets
D. procuring additional capital investments
Answer: C
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In most states, the agreements of persons who have been adjudicated insane are void.
Answer the following statement true (T) or false (F)
Magnum Corporation had 60,000 of its $3 par common stock issued before its recent 3-for-1 stock split. The market price of the stock was $30 per share before the split. Which of the following is true as a result of the split?
A) There were 20,000 shares of common stock issued after the split. B) The balance in the common stock account increased to $180,000. C) The market price of the stock was not affected. D) The par value of the stock decreased to $1 per share.
The traditional family flow, according to the family life cycle, does NOT include people who are
A. young married without children. B. middle-aged married without dependent children. C. middle-aged married with children. D. young married with children. E. middle-aged divorced without dependent children.
Bullying differs from "normal" conflict with peers in that bullying is characterized by:
A. Strong emotional reactions from the victim B. No effort to resolve the conflict C. An imbalance of power D. All of the choices are correct.