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Question
Arkadelphia Polymers, Inc., earns 60 percent of its revenue from exports to Europe and Asia. The CEO of the company would be:
a. concerned if the value of the dollar strengthened.
b. pleased if the value of the dollar strengthened.
c. unconcerned about the fluctuation in the value of the dollar because the company is widely diversified geographically.
d. likely to consider moving to international strategic alliances or acquisitions if the value of the dollar fell and remained low.
Answer
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Related questions
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For 15 years, Edward was a compensation specialist at a mid-sized firm. He was laid off when the firm experienced financial setbacks. Edward has decided to open his own business as a compensation consultant to small firms. He can expect that his main source of human capital will be a bank line of credit.
a. True
b. False
Q:
A cost leadership strategy targets the industry's ____ customers.
a. most typical
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c. least educated
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Q:
Before the firm decides what products to offer and what benefits and features they will have, the firm must decide all the following questions EXCEPT:
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a. True
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Capabilities of an organization emerge spontaneously through the interaction of tangible and intangible resources.
a. True
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Q:
Valuable capabilities allow the firm to exploit strengths or neutralize weaknesses in the internal environment.
a. True
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Q:
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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Q:
To increase the likelihood of success between partners assuming that trust exists, ____ approach(es) should be used to manage cooperative strategies.
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Q:
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a. predatory alliances.
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Q:
Research in the airline industry suggests that tacit collusion reduces service quality and on-time performance.
a. True
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Q:
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a. True
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Acquisitions are the most common cooperative strategy used in standard-cycle markets.
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Q:
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:
a. lack of basic resources.
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d. protective tariffs.
Q:
A large domestic market can provide the country's industries a chance at dominating the world market because:
a. they have been able to develop economies of scale at home.
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Q:
A multi-domestic corporate-level strategy has ____ need for global integration and ____ need for local market responsiveness.
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Q:
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Q:
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Q:
Which of the following is NOT one of the five dimensions thought to characterize an employee's entrepreneurial mind-set?
a. Autonomy
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Q:
The more heterogeneous and the larger the top management team, the easier it is to implement strategy effectively.
a. True
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Q:
When a new CEO is selected from outside the firm, a change of strategy is likely, especially if the top management team is homogenous and highly cohesive.
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Q:
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Q:
Members with substantive expertise in the firm's core functions and businesses aid the effectiveness of the top management team.
a. True
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b. False
Q:
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The most critical ability of a strategic leader is the ability to attract and then manage human capital.
a. True
b. False
Q:
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a. True
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Q:
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Q:
What is organizational culture? What must strategic leaders do to develop and sustain an effective organizational culture?
Q:
Define the three major dimensions of organizational structure: specialization, centralization, and formalization. How do these dimensions vary in organizations implementing the cost leadership, differentiation, and cost leadership/differentiation strategies?