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Question
Why are alliances in the airline industry unstable?
a. Unstable industries make for unstable alliances.
b. The potential for firms to take opportunistic actions is too widespread.
c. The industry is declining and profits are not sufficient to divide among alliance partners.
d. The alliances require cooperation among firms that must also compete with one another.
Answer
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Related questions
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a. True
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Q:
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Capabilities of an organization emerge spontaneously through the interaction of tangible and intangible resources.
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Valuable capabilities allow the firm to exploit strengths or neutralize weaknesses in the internal environment.
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The Renault Nissan alliance (Chapter 9 Mini Case) is an example of a _______ created to gain economies of scope by sharing resources and capabilities.
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Research in the airline industry suggests that tacit collusion reduces service quality and on-time performance.
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A global corporate-level strategy differs from a multi-domestic corporate-level strategy in that in a global strategy:
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Q:
A fundamental reason for a country's development of advanced and specialized factors of production is often its:
a. lack of basic resources.
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The more heterogeneous and the larger the top management team, the easier it is to implement strategy effectively.
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The most critical ability of a strategic leader is the ability to attract and then manage human capital.
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a. True
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What is organizational culture? What must strategic leaders do to develop and sustain an effective organizational culture?
Q:
Define the three major dimensions of organizational structure: specialization, centralization, and formalization. How do these dimensions vary in organizations implementing the cost leadership, differentiation, and cost leadership/differentiation strategies?