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The set of informal institutions that stresses the cognitive pillar lays emphasis on _____

The set of informal institutions that stresses the cognitive pillar lays emphasis on _____.

a.establishing wholly owned subsidiaries

b.granting more liberal policies

c.copying reputable organizations to ensure a low-cost way to gain legitimacy

d.the internalized taken-for-granted values and beliefs that guide firm behavior

 

 

 

12.The act of investigating prior to signing contracts is called _____.

a.due diligence

b.strategic fit

c.relational capability

d.hubristic motive

 

 

 

13.A(n) ____ is an investment in real operations as opposed to financial capital.

a.real account

b.hubris

c.real option

d.foreign direct investment

 

 

 

14.Which of the following is a disadvantage of alliances?

a.Lack of learning race

b.Partner opportunism

c.Value as real options

d.Scale up and scale down of investments

 

 

 

15.The difference between the acquisition price and the market value of target firms is called _____.

a.acquisition equity

b.acquisition cost

c.acquisition value

d.acquisition premium

 

 

 

16.In the context of acquisitions, the similarity in cultures, systems, and structures between firms is called _____.

a.strategic fit

b.acquisition premium

c.organizational fit

d.relational capability

 

 

 

17.Who benefits the most from the acquisition premium valued during an acquisition?

a.The shareholders of the acquiring firm

b.The shareholders of the target firm

c.The opportunistic partner

d.The partner who possesses hard-to-imitate capabilities

 

 

 

18.Pre-acquisition analysis often focuses on strategic fit, which is the effective matching of ____ strategic capabilities.

a.competitive

b.complementary

c.relational

d.collaborative

 

 

 

19.The ability to successfully manage interfirm relationships is called _____.

a.hubristic capability

b.synergistic capability

c.contractual capability

d.relational capability

 

 

 

20.At which stage in the formation of alliance must a firm decide whether to take a contract or an equity approach?

a.Stage 1

b.Stage 2

c.Stage 3

d.Stage 4

Dec 08 2019 Read more Less More

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