問11
頻出度★★★
企業が，他の企業の経営資源を活用する手法として，企業買収や企業提携がある。企業買収と比較したときの企業提携の一般的なデメリットだけを全て挙げたものはどれか。 a 相手企業の組織や業務プロセスの改革が必要となる。 b 経営資源の活用に関する相手企業の意思決定への関与が限定的である。 c 必要な投資が大きく，財務状況への影響が発生する。
平成30年度 秋期 ITパスポート試験 問11
ストラテジ系経営戦略マネジメント › 経営戦略手法
This question's explanation and your answers so far.
解説
問 11
Incorrectア
It lists only a, but a is a disadvantage of an acquisition, not an alliance. Having to reform the partner company's organization and business processes is a burden that arises in an acquisition, where the target company is taken in and integrated; it basically does not occur in an alliance, where the companies cooperate while remaining independent. Therefore it is wrong.
Incorrectイ
It lists all of a, b, and c, but a and c are disadvantages of an acquisition, not an alliance (the burden of organizational and business-process reform, and the large investment with its impact on finances). The only disadvantage of an alliance is b, so including a and c is wrong.
Incorrectウ
It lists a and c, but both are disadvantages of an acquisition, not of an alliance. a is the burden of organizational and business-process reform that accompanies integration, and c is the large investment with its impact on finances; both are inherent to an acquisition, which owns and controls the partner. It omits b, the disadvantage of an alliance, so it is wrong.
- エ
正解 A corporate alliance is a form in which independent companies cooperate through a contract; it does not own or control the partner company. Therefore, the extent to which your own company can be involved in the partner company's decision-making regarding the use of management resources is limited (= choice b). Compared with an acquisition (M&A), in which the target company is taken in as a whole and controlled at your own will, this is a disadvantage unique to an alliance. The question asks for the option that lists ALL of the disadvantages of an alliance only, and only b applies. Therefore エ, which indicates b, is correct.
ここがポイント
- A corporate alliance is contractual cooperation between independent companies; because it does not own or control the partner, involvement in the partner company's decision-making is limited (= the disadvantage of an alliance).
- An acquisition (M&A) takes in the target company, so burdens arise such as a large investment and impact on finances, and the reform of the partner's organization and business processes (= these are disadvantages on the acquisition side, not the alliance).
用語