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Author Question: What advantage associated with strategic alliances was General Motors trying to exploit when it ... (Read 62 times)

renzo156

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on: Jul 6, 2018
What advantage associated with strategic alliances was General Motors trying to exploit when it formed a strategic alliance with Toyota to develop common ways to make fuel cell and electronic vehicles in the hopes that it would encourage customer
 
  adoption of such vehicles?
  a. reduce the cost of creating the value chain
  b. facilitate learning about new markets and technologies
  c. establish technical standards
  d. reinforce market power

Question 2

What pricing theory includes setting a high price to earn the highest possible profit?
 
  a. lead user pricing
  b. price skimming
  c. penetration pricing
  d. bundling


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JCABRERA33

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Reply #1 on: Jul 6, 2018
Answer to Question 1

c

Answer to Question 2

b


renzo156

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Reply 2 on: Jul 6, 2018
YES! Correct, THANKS for helping me on my review

vickyvicksss

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Reply 3 on: Yesterday
Excellent

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