Which of the following entry strategies should be used when SPEED is an

Which of the following entry strategies should be

  • University of Florida
  • GEB 3035
  • Test Prep
  • lamadre
  • 249
  • 89% (148) 132 out of 148 people found this document helpful

This preview shows page 168 - 171 out of 249 pages.

Which of the following entry strategies should be used when SPEED is an important consideration? b. Acquisition A company considering entering an industry that is in the mature stage of its life cycle would generally prefer which of the following entry strategies? C Acquisitions Acquisitions often fail because of .... d. differences in corporate culture. Which of the following is not a reason for the failure of an acquisition to generate the gains originally expected of it? E. Overestimation of the potential costs of realizig synergies Which of the following is (are) the probable consequence(s) of an inability to integrate two divergent corporate cultures after an acquisition? d. All of these Which of the following is not a guideline for a successful acquisition? c. Completing the acquisition quickly Joint ventures a. are an alternative to new ventures. c. Joint ventures are generally preferable to acquisitions when entry barriers are high. False
Image of page 168
Stanley's services firm wants to enter an embryonic market, but it doesn't have enough cash to purchase the required assets. Which of the following strategies would you recommend to Stanley? d. Diversify with a joint venture Economies of scope typically involve sharing resources by business units The greater the number of business units in a company's portfolio, the ____ it is for corporate managers to remain informed about the complexities of each business. B. More difficult What is perhaps the most important reason why acquisitions made by a company fail? The expense of the acquisition Which of the following reasons can make a diversification strategy an unwise course of action for a company to pursue? All of these Diversification is sometimes pursued by a company for the wrong reasons. Which of the following is a faulty justification for diversification? All At its simplest level, a joint venture may be thought of as a(n Corporate partner When McDonald's introduced the McCafe, it began offering a new product that was not available in traditional McDonald's stores. The introduction of the McCafe is an example of which of the
Image of page 169
Economies of scope Miller Brewing was related to Philip Morris's tobacco business because it was possible to create important maketing commonalities: both beer and tobacco are mass market consumer goods in which brand positioning, advertising, and product development skills are crucial to create successful new products. This is an example of which of the following? Tranfering competencies In 2007, Google bought YouTube. This is an example of which of the following? d. Acquisition rue or False A union and the general public are examples of internal stakeholders. False T or F All stakeholders are in an exchange relationship with the company True T or F If a company fails to take stakeholder claims into account, stakeholders may withdraw their support.
Image of page 170
Image of page 171

You've reached the end of your free preview.

Want to read all 249 pages?

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture