Exam 11: International Strategy and Organization

A differentiation strategy works best with mass-marketed products aimed at price-sensitive buyers.

A negative aspect of the low-cost leadership strategy is low customer loyalty.

Which of these is the first stage of the strategy formulation process?

Which of the following is NOT true of a company following a stability strategy?

A(n) ________ is a special ability of a company that competitors find extremely difficult or impossible to equal.

Companies often establish largely independent, self-contained units in each national market under which of these strategies?

A team of top managers from both headquarters and international subsidiaries who meet to develop solutions to company-wide problems is called a(n) ________.

Human resource management is an example of a ________.

Which of these is a primary activity in a company's value chain?

A growth strategy is designed to increase the scale or scope of a corporation's activities.

The purpose of a combination strategy is to mix growth, retrenchment, and stability strategies across a corporation's business units.

Describe any three organizational structures common for the vast majority of the international companies. Provide an example organizational chart for each.

The external business environment consists of all the elements outside a company that can affect its performance.

A differentiation strategy tends to force a company into a higher market share position because it generally involves the perception of exclusivity.

Companies that see the business environment as posing neither profitable opportunities nor threats will likely follow a ________ strategy.

Corporate combination strategies are quite uncommon because international corporations generally follow identical strategies in each of their business units.

Products can be differentiated along which of these criteria?

A global strategy does not allow a company to modify its products except for the most superficial features.

Inbound and outbound logistics is an example of a primary activity.

An architect's ability to design an office building in the Victorian style is an example of a core competency.