A voluntary arrangement between firms to share knowledge, resources, and capabilities to develop products, processes, or services is known as a Blank______.Multiple choice question.strategic alliancewholly owned subsidiaryhostile takeovermerger

An unfriendly acquisition of one company of another is known as a(n) Blank______.Multiple choice question.equity alliancemergerhostile takeoverjoint venture

A(n) Blank______ is when two firms agree to join and create a combined entity, and a(n) Blank______ is when one firm buys or takes over another firm.Multiple choice question.acquisition; mergerjoint venture; non-equity alliancemerger; acquisitionnon-equity alliance; joint venture

Non-equity alliances tend to share Blank______, which allows the firms to understand a certain process or product.Multiple choice question.vertically integrated resourcesexplicit knowledgeall personneltacit knowledge

A company that deploys resources and capabilities in the procurement, production, and distribution of goods and services in at least two countries is a Blank______.Multiple choice question.non-equity alliancemultinational enterpriseforeign subsidiarycompetitive advantage

A joint venture is formed when a firm Blank______ a new market and Blank______ its resources with those of a local firm to form a new, shared company.Multiple choice question.exits; exportsenters; importsexits; poolsenters; pools