The three mechanisms to govern alliances are non-equity alliances, equity alliances, and Blank______.Multiple choice question.licensing structurefranchisejoint venturewholly owned subsidiaries

A partnership that is based on contracts between companies is referred to as a(n) Blank______.Multiple choice question.non-equity alliancewholly owned subsidiaryallowance alliancediversification

A standalone organization that two or more parent companies create and own together is a Blank______.Multiple choice question.licensing agreementnon-equity alliancefranchisejoint 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

The most common type of alliance is a(n) Blank______.Multiple choice question.non-equity alliancejoint ventureequity allianceacquisition

In order for an alliance to qualify as Blank______, it must have the potential to alter a company's competitive advantage.Multiple choice question.a partnershiptradablestrategica merger