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Question
International strategy refers to a(n):
a. action plan pursued by American companies to compete against foreign companies operating in the United States.
b. strategy through which the firm sells products in markets outside the firm's domestic market.
c. political and economic action plan developed by businesses and governments to cope with global competition.
d. strategy American firms use to dominate international markets.
Answer
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a. True
b. False
Q:
A cost leadership strategy targets the industry's ____ customers.
a. most typical
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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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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:
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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?