When entering a foreign market, it is advisable for a new venture that has a core competency only in R&D to form a strategic alliance with a local partner because
A. the local partner can better protect its proprietary know-how.
B. the strategic alliance will reduce the differentiation of its product and service offerings.
C. the value gap created by the firm can be easily lowered in an alliance.
D. building downstream complementary assets can be expensive and time-consuming.
Answer: D
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For a high-school student, Tim is highly concerned about environmental issues. He is a strong supporter of the garbage recycling and afforestation campaigns taken up by the environmental activists in his neighborhood
He wants to become a full time volunteer for their upcoming wildlife protection program and has even saved money to contribute to the cause. This group of environmental activists can be categorized under which of the following reference groups? A) primary group B) secondary group C) aspirational group D) dissociative group E) cognitive group
When Occupational Safety and Health Act inspectors discover a violation for which the employer has been previously cited within the past 5 years, it reports a(n) ______ violation.
A. willful B. repeated C. serious D. failure to abate
If the most optimistic time for completing an activity is 3, the most likely time is 4, and the most pessimistic time is 11, then the estimated time for the activity is ______.
a. 5 b. 4 c. 6 d. 9
Many small- to medium-sized organizations rely upon ____________________ which are smaller versions of mainframes.
Fill in the blank(s) with the appropriate word(s).