Rues and West Bros. manufactures firearms. Since it lacks the skills and high–end technology needed to manufacture silencers for its firearms, it enters into an alliance with Porben Inc., a company that specializes in manufacturing silencers. In order to ensure the optimal utilization of Porben’s technological capabilities, Rues and West Bros. is most likely to follow the _____ approach.Term
The North Symorian Trade Confederate (NSTC) was established to promote regional economic integration within six countries belonging to the same subcontinent. This free trade area has imposed common external policies on nonparticipants. In this case, NSTC is a _____.
T/F: Last movers will build precious relationships with key stakeholders such as customers and governments.
The South East Trading Zone (SETZ) is a monetary union comprising eleven member countries. In this case, which of the following statements is true?
The member countries will integrate political and economic affairs of a region.
Which of the following is true of relational capabilities while managing interfirm relationships?
They are rarely found in managers involved in alliances.
Arc Corp., a consumer goods manufacturer in Lumeria, proposed to merge with Borton Inc., a consumer goods manufacturer in Arkadas. Arc Corp. cleared the antitrust scrutiny in Lumeria but failed to anticipate a rigorous antitrust scrutiny in Arkadas. As a result, the merger never took place. In this scenario, which of the following is most likely the reason for the failure of the merger?
The firms neglected the influence of formal institutions on the merger.