The term strategic alliance has become widely used to describe an agreement between two or more businesses joining together to cooperate in a specific business activity‚ so that each benefits from the strengths of the other and gains competitive advantage. The businesses are usually not in direct competition‚ but have similar products or services that are directed towards the same target audience.1 The formation of strategic alliances is widely seen asa response to globalization and increasing uncertainty
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Site Coordinator: Facilitator: Submission Date: 20TH OCTOBER 2014 Executive Summary F&N Dairies is seeking to penetrate the Taiwanese dairy produce market. It wishes to achieve this‚ through a formation of a complementary contractual strategic alliance between F&N Dairies and I-Mei Foods Co. which is a Taiwanese company that focuses in the production‚ supply and distribution of various type of food stuff. That being said it this paper I will examine the feasibility of this collaboration
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the value chain? A) outbound procurement B) marketing C) technology development D) operations Chapter 7 A key assumption underlying theories of vertical integration is: A) Opportunistic behavior B) Suppliers and buyers have the same size C) Suppliers and buyers are located in the same country D) Firms are boundaryless In the strategic sourcing framework‚ firms vertically integrate when A) the firm’s need to control and its ability to perform an activity are both high B) there is high uncertainty
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KNOWLEDGE TRANSFER METHODS IN STRATEGIC ALLIANCES Knowledge Transfer Methods in Strategic Alliances Achieving sustainable competitive advantage through knowledge transfer‚ culture‚ and trust in foreign parent and international joint venture (IJV) partnerships International Business Research KNOWLEDGE TRANSFER METHODS IN STRATEGIC ALLIANCES 2 Abstract: Trust‚ cultural and relational embeddedness‚ along with control synergies‚ comprise relational capital‚ representing an area of considerable
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Strategic Alliances; Choose Your Partners Keith D. Brouthers‚ Lance Eliot Brouthers and Timothy J. Wilkinson Strategic alliances are known to be risky. Potential partners may be a lot better (or worse) than the company at the strategic alliance ’game ’. Unless there is a real resources shortage‚ be it skills‚ technology‚ finance‚ strategic alliances should be avoided. If shortages exist then the company should look for complementary skills‚ cooperative cultures‚ compatible goals and commensurate
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technologies has gradually improved human livings. It is much easier for people to travel‚ communicate and do business internationally. As a result‚ demand for expanding economy to countries urges the foundation of globalization. Integrating into the global economy offers multinational companies not only opportunities to disperse their industries for goods and services worldwide‚ but also challenges to compete with others and sustain in flexible environment. On the other hand‚ globalization has caused
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1. GLOBAL INTEGRATION: ADVANTAGES AND DISADVANTAGES Globalization is the process by which different societies‚ cultures‚ and regionaleconomies integrate through a worldwide network of political ideas throughtransportation‚ communication‚ and trade. Generally‚ globalization has affected manynations in various ways; economically‚ politically‚ and socially. It is a term that refersto the fast integration and interdependence of various nations‚ which shapes the worldaffairs on a global level. Globalization
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Strategic Alliances in Distribution Cininta Meirinda Clara Sarah Patricia Adam Their nature and their motives for creating strategic alliances Building commitment by creating mutual vulnerability Building commitment by the management of daily interactions Decision structures that enhance trust Moving a transaction through stages of development to reach alliances status What does it takes and when does it pays to create a marketing channel alliance? STRATEGIC ALLIANCES
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2.4.2 What is different in Strategic Alliances? To see the importance of an alliance‚ there will be a short comparison of strategic alliances and traditional relationships. Seven distinctions may emerge: Alliances explore the wellsprings of costs and afterwards minimise them. Traditional relationships push costs to others. This is the result of traditional win-lose negotiating the zero-sum game. Alliances concentrate on a definitive client‚ and partners give value that clients pay for. Traditional
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Strategic Alliance between Nokia and Microsoft Business Administration knowledge assists the implementation of the strategic alliance between Nokia and Microsoft from several aspects. To begin with‚ decisions about leadership are one of the most disturbing problems in the strategic alliance; interim leaders are appropriate solutions to the issue (Werther‚ 1998). Interim leaders are those haired from a third party‚ not belonging to the alliance partners. Compared to selecting a leader from one
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