Question

Identify different challenges that exist for maintaining or strengthening an ongoing alliance versus beginning a new...

Identify different challenges that exist for maintaining or strengthening an ongoing alliance versus beginning a new relationship. Should this alliance occur? Why or why not?

Business   Operations-Management   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

STRATEGIC ALLIANCES ARE THE agreements that the companies enter with the aim of developing new products and having access to new services and technologies. These alliances help resource sharing. The firm may chose to maintain an ongoing alliance or start new alliance. But maintaining an ongoing alliance is less challenging as starting anew alliance involves investment of more time and money. It is very risky to start a new alliance unless the companies have much experience in alliance management or have previously worked together. It involves long procedures of licensing and regulations. Some early conflicts such as cultural differences between the partners and communication barriers also make this new partnership less favorable

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
A problem is listed below. Identify its type. 1a. Beginning in 4 years, a new Booster...
A problem is listed below. Identify its type. 1a. Beginning in 4 years, a new Booster Club at a certain high school would like to award an outstanding senior on the varsity soccer team with a check of $3,600 towards the student's college tuition. Since there is a boy and girl team, they wish to award one senior boy and one senior girl the same amount of money. Thus, the club will need $7,200 at the end of 4 years....
This assignment challenges students to formulate a professional response to in-depth issues contained in a real-life...
This assignment challenges students to formulate a professional response to in-depth issues contained in a real-life Video Business Case. Students will act as an independent professional business consultant reporting to senior managers of the company concerned. Students are expected to provide informed and robust advice to this business client. The video below is provided by Ernst and Young company. It refers to the issues faced by an organisation in the Maritime Safety Industry. Ernst and Young is required to solve...
Read "Case Study on Jose and Carmen, located at the beginning of Chapter 11. Review the...
Read "Case Study on Jose and Carmen, located at the beginning of Chapter 11. Review the Chicano/Latino Model of Ethnic Identity in Chapter 11. Which of the assumptions from the Chicano/Latino Model of Ethnic Identify do you think are applicable to Jose and Carmen and why? José is a 13-year-old student referred to his school counselor, Jillian, by his math teacher, Mr. Justice. Mr. Justice reports that José appears disinterested in his class assignments and fails to complete his homework...
1.Establishing the virtual Management: As known, managing virtual staff requires a different method or approach than...
1.Establishing the virtual Management: As known, managing virtual staff requires a different method or approach than managing local staff. Due to that reason, Golden Scent has developed a strategic plan to successfully manage its virtual staff in the USA. Identify the suitable manager. to make sure our work will proceed as we planned, Golden Scent willrecruit a virtual manager with the essential skills and knowledge required to manage virtual employees. Find the skilled people to work with. Since not everyone...
Mattel Responds to Ethical Challenges Business Ethics This case was written by Debbie Thorne, John Fraedrich,...
Mattel Responds to Ethical Challenges Business Ethics This case was written by Debbie Thorne, John Fraedrich, O. C. Ferrell, and Jennifer Jackson, with the editorial assistance of Jennifer Sawayda. This case was developed for classroom discussion rather than to illustrate either effective or ineffective handling of an administrative, ethical, or legal discussion by management. All sources used for this case were obtained through publicly available material. Mattel, Inc. is a world leader in the design, manufacture, and marketing of family...
CASE STUDY REWARD ENCOURAGES BEAST.....OOPS, BEST! Challenges and accomplishments Neera and Vijit’s experience proved to be...
CASE STUDY REWARD ENCOURAGES BEAST.....OOPS, BEST! Challenges and accomplishments Neera and Vijit’s experience proved to be an asset in the project. Both were technically qualified and committed to the work. Both wanted to excel in their work. Neera knew that with a big team, verbal instructions will get diluted and therefore written instructions were important. Manuals were prepared for each aspect of assessment and the entire field staff was meticulously trained so that clarity about the work and mechanism to...
can you give me short summary abstract and conclusion on chapters 1 and chapters 2 in...
can you give me short summary abstract and conclusion on chapters 1 and chapters 2 in Strategic Market Management, 9th Edition, by David A. Aaker As you said yu want more info, below is the info, can you please answer my question now. Management Tasks:Strategic Analysis ,Innovation,Multiple Business—Strategies and Issues,Creating SCAs,Developing Growth Platforms Business Strategy:The Product-Market Investment Strategy –    where to compet,The Customer Value Proposition,Assets and Competencies,Functional Strategies and Programs The Product-Market Investment Strategy-Invest to grow (or enter a product...
Project Integration Management Questions Only A team member notifies you, after the fact, that she has...
Project Integration Management Questions Only A team member notifies you, after the fact, that she has added extra functionality to the project. There was no impact on the cost or schedule. What should be done as a result of this change? Make sure marketing is aware of the change. Implement change control processes to track the change. Inform the customer. Understand what functionality was added. You are having difficulty getting a project underway. You have not been able to get...
Organizing Organizing is an important task of managers. Once the organization’s goals and plans are in...
Organizing Organizing is an important task of managers. Once the organization’s goals and plans are in place, the organizing function sets in motion the process of seeing that those goals and plans are pursued. When managers organize, they’re defining what work needs to get done and creating a structure that enables work activities to be completed efficiently and effectively by organizational members hired to do that work. As Starbucks continues its global expansion and pursues innovative strategic initiatives, managers must...
LEADERSHIP IMPLICATIONS IN COMPLEX PROJECTS: THE BOEING DREAMLINER AND CEO JIM MCNERNEY In defense of criticism...
LEADERSHIP IMPLICATIONS IN COMPLEX PROJECTS: THE BOEING DREAMLINER AND CEO JIM MCNERNEY In defense of criticism of Boeing’s 787 production delays, CEO Jim McNerney explained: We are trying to come up with the strongest set of partnerships we can with the people that supply our major systems and structures. In defense, we are trying to respond to the pressures of governments buying fewer things at lower prices, with less favorable contract terms. And that pressure cannot just stop at Boeing....
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT