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

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

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.


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- Spring '06
- Ray
- The American, d., B., c.