Exam 11: International Strategy and Organization

Explain the different ways products can be differentiated, providing an example of each.

A main goal of the matrix structure is to bring together ________ and ________ in joint decision making.

A strategy in which a company exploits economies of scale to have the lowest cost structure of any competitor in its industry is called a(n) ________ strategy.

Multinational and global strategies are most appropriate for exporters given their foreign direct investments in other national markets.

A focus strategy is one in which a company focuses on serving the need of a narrowly defined market segment by being the low-cost leader, by differentiating its product, or both.

Companies designing promotional campaigns and advertising strategies at headquarters are likely following a ________ strategy.

Scenario: TeleToys International TeleToys International, a U.S.-based company, recently opened 18 toy stores in Brazil, acquired a women's clothing store company in Canada, and closed its men's clothing store chain in Australia. The company has a structure that organizes its global operations into geographic regions. -TeleToys' opening of 18 stores in Brazil can best be described as a(n) ________ strategy.

Describe the four key approaches to corporate strategy, providing an example of each.

A well-defined strategy helps to coordinate a company's various divisions and departments so that it reaches its company-wide goals in the most effective and efficient manner possible.

An architect's ability to design an office building in the Victorian style is an example of a(n) ________.

A(n) ________ is one in which employees from a single department take on responsibilities of their former supervisors.

A growth strategy is designed to ________.

Human resource management is an example of a support activity.

Which of these is a special company ability that competitors find extremely difficult to equal?

A strategy that establishes research and development (R&D), production, and marketing at the subsidiary level is called a ________ strategy.

Core competencies develop over long periods of time and are easy to teach.

Companies performing product R&D in one or very few locations are likely following a ________ strategy.

All of these are primary activities in a firm's value chain EXCEPT ________.

A(n) ________ is an organizational structure that divides worldwide operations according to a company's product areas.

A company that is closing factories with unused capacity and laying-off workers is likely following a ________ strategy.