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trategic alliances cannot serve as a substitute for vertical integration because they only create relatively weak, short-term partnerships that allow only e company to obtain the benefits that would have resulted from vertical integration. True False Question 5 2pts Because diversification is causing discounts for firm valuation, firms with the lowest diversification level will have the highest performance. True False Question 6 2pts According to the AMC framework (Awareness-Motivation-Capability), a firm that is alert and motivated to its competitor's action will surely react to the action. True False Principals almost always have more information about the resources that agents are managing than the agents themselves. True False Question 8 One strategy for success in high-tech industries is to keep prices low to increase sales volume. True False Question 9 The steps a company should take to select a good partner include collecting available information, compiling data from third parties that have had business dealings with the potential partner, and establishing a relationship through face-to-face meetings to ensure that the partnership is a good fi True False