Short Answer

Question 1

Short Answer

Cheating or Opportunism in strategic alliances/potential remedies (3)

Answer 1

Where one firm is unfairly treated in an exchange. Remedy-
Explicit contracts and legal sanctions
Joint Ventures
Equity Investments

Question 2

Short Answer

Upper Echelons Perspective

Answer 2

CEO’s have access to a lot of information and they will all filter differently based on demographics, values, age, tenure, personality etc. Google pulling out of China due to religious and political reasons. Steve Jobs not believing in life after death. He believed life was like on and off which is why he never put an on and off button on Apple devices

Question 3

Short Answer

Relationship between multinationality and performance

Answer 3

As firms go international there is a drop in performance from learning how to do business in a foreign country, cost of coordination to be in different countries. After the initial drop you get a long stretch up of performance, with an ultimate drop due to the first few countries are ones the firm is confident in success, but later companies are riskier

Question 4

Short Answer

3 reasons why mergers and acquisitions are so prevalent if it doesn’t make acquiring firm money

Answer 4

Survival
Free Cash Flow
Managerial Hubris