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Question
Firms able to standardize the processes used to produce, sell, distribute, and service their products across country borders enhance their ability to:
a. learn how to continuously reduce costs while increase the value of their products.
b. increase investment in research and development.
c. access to a low-cost labor force in the host market.
d. mitigate cultural differences.
Answer
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Related questions
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a. True
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Q:
A cost leadership strategy targets the industry's ____ customers.
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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.
a. True
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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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Q:
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Q:
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:
a. lack of basic resources.
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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:
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a. Autonomy
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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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a. True
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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?