Why do organizations enter into strategic alliances?
What will be an ideal response?
There are many reasons to enter strategic alliances. In the case of international alliances, the lure for the U.S. firm is often the access to a restricted market. Also, international alliances allow U.S. companies to outsource to low-wage countries as well as to countries with high-quality manufacturing techniques. Through alliances, firms can gain access to a partner's valuable knowledge and complementary resources. Through alliances firms can develop new goods or services, learn new skills and capabilities, share risks and buffer against uncertainty, and share significant R&D investments. Alliances allow firms to build economies of scale, develop market power and meet competitive challenges.
You might also like to view...
Divide.
A. 99,784.7527 B. 9978.47527 C. 997,847.527 D. 9,978,475.27
Multiply.13.93 × 0.0080
A. 0.11144 B. 0.12144 C. 0.10144 D. 0.21144
Solve the problem.A croissant, a cup of coffee, and a fruit bowl from Kelley's Coffee Cart cost a total of $5.50, and a croissant costs twice as much as a cup of coffee. Kelley posts a notice announcing that, effective next week, the price of a croissant will go up 25% and the price of coffee will go up 10%. After the increase, the total price of the purchase will be $5.95. Find the cost of each item before the increase.
A. A fruit bowl costs $3.25, a croissant costs $0.83, and a cup of coffee costs $1.88.
B.
A fruit bowl costs $3.25, a croissant costs $1.50, and a cup of coffee costs $0.75. |
C. A fruit bowl costs $3.25, a croissant costs $1.88, and a cup of coffee costs $0.83.
D. The prices cannot be determined from the given information.
A manufacturing company wants to maximize profits on products A, B, and C. The profit margin is $3 for A, $6 for B, and $15 for C. The production requirements and departmental capacities are as follows: What is the maximum profit if the profit margin on A changes to $7.00?
A. $266,000 B. $98,000 C. $105,000 D. $225,000