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Question
An international diversification strategy is one in which a firm:
a. expands into nearby markets.
b. expands into a potentially large number of geographic locations and markets.
c. expands into one or a few markets.
d. acquires a firm in a foreign country.
Answer
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Capabilities of an organization emerge spontaneously through the interaction of tangible and intangible resources.
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Valuable capabilities allow the firm to exploit strengths or neutralize weaknesses in the internal environment.
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The Renault Nissan alliance (Chapter 9 Mini Case) is an example of a _______ created to gain economies of scope by sharing resources and capabilities.
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Research in the airline industry suggests that tacit collusion reduces service quality and on-time performance.
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A global corporate-level strategy differs from a multi-domestic corporate-level strategy in that in a global strategy:
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Q:
A fundamental reason for a country's development of advanced and specialized factors of production is often its:
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Q:
A large domestic market can provide the country's industries a chance at dominating the world market because:
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The more heterogeneous and the larger the top management team, the easier it is to implement strategy effectively.
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What is organizational culture? What must strategic leaders do to develop and sustain an effective organizational culture?
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