Transferring those resources between partners is referred

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Reference no: EM132173199

1. Which of the following is a feature of joint venture that differentiates it from other forms of alliances?

It involves a significant equity stake by the partners.

It usually does not result in the creation of a new business entity.

It increases asset commitment to products that will become rapidly obsolete.

It increases cycle time of a technology.

2. Gerden Price Corp. and New Ware Systems Inc. formed an alliance to develop a new line of technologically advanced cooking stoves. Which of the following would be the most likely outcome of this alliance?

Increased market development and penetration times

Faster product delivery to the market

Reduced overall flexibility

Lesser opportunities to pursue other projects

3. Combining the capabilities and other resources of partner firms but not necessarily transferring those resources between the partners is referred to as ________.

capability complementation

resource modification

capability transfer

disintermediation

4. Greyer Corp. manufactures surgical instruments. Systems Medico Inc. enters into a contractual arrangement with Greyer that allows it to use Greyer manufacturing methods and management structure to produce and sell surgical instruments. Systems Medico must pay a yearly fee to Greyer for the use of its manufacturing processes. In this scenario, Systems Medico is the ________.

intrapreneur

licensee

contract manufacturer

licensor

Reference no: EM132173199

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