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Question
A company with a business-level strategy of cost leadership should pursue which of the following global expansion strategies?a) Localization
b) Global standardization
c) International
d) Transnational
e) Simple
Answer
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Related questions
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Which form of control was transmitted by Walt Disney?
a) Bureaucratic control through rules and procedures
b) Control through norms and values
c) Financial control through accurate financial statements
d) Output control
e) Incentive systems
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Standardization is employed to squeeze out costs in manufacturing. Standardization may be achieved through standardization of
a) inputs.
b) work processes.
c) outputs.
d) both work processes and outputs.
e) inputs, conversion activities, and outputs.
Q:
The two main innovations in a multidivisional structure (over a functional or product structure) are
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b) a product structure at the divisional level and a functional structure at the corporate level.
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d) self-contained divisions with operating responsibility and a group of divisional managers with collective strategic responsibility.
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As new, small firms grow and mature, which structure are they likely to choose?
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_______________ provides the vehicle through which managers can coordinate the activities of a company's various functions, divisions, and business units to take advantage of their skills and competencies.
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Q:
List and briefly discuss each of the elements of Michael Porter's Five Forces Model.
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a) Economic forces
b) Social forces
c) Embryonic forces
d) Political forces
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Q:
The threat from new entrants is greatest in the _________ stage of the industry life cycle.
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In growth industries,
a) replacement demand is increasing rapidly.
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Q:
Which of the following is not a determinant of the extent of rivalry among established companies?
a) The number and size distribution of companies in the industry
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Many fragmented industries are characterized by low entry barriers and commodity-type products that are hard to differentiate.
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Absolute cost advantage is enjoyed by incumbents in an industry and that new entrants cannot expect to match.
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Michael Porter argues that the stronger each of the five forces, the more limited the ability of established companies to raise prices and earn greater profits.
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Q:
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Q:
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b) reengineering.
c) TQM.
d) benchmarking.
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