One reason to use a strategic alliance in a fast-cycle market is to:

In the United States, cooperative strategies to reduce competition may result in __________ if they are explicit.

Over time, large and complex organizations must customize their structure to fit their unique strategic needs

Which of the following is a reason to pursue an acquisition?

Incremental changes to a firm’s culture can be used to implement strategies effectively

The more heterogeneous and the larger the top management team, the easier it is to implement strategy effectively

Cross-border acquisitions are critical to U.S. firms competing internationally:

The CEO of Alacore invested significant effort into expanding the firm’s capabilities in technology development and marketing, especially in customer service, to give Alacore a competitive advantage over its rivals. In this situation, the CEO was reshaping capabilities into core competencies

Firms using the differentiation strategy need to respond quickly to environmental opportunities and threats. The structural features that are best for these requirements are centralization, specialization, and many rules and procedures

In a(n) __________, two or more firms create a legally independent company to share some of their resources to create a competitive advantage.