Exam 11: International Strategy and Organization

Differentiate between primary and support activities that create value for a company's customers.How can managers determine whether an activity enhances customer value?

An international area structure separates domestic from international business activities by creating a separate international division with its own manager.

Technology development is an example of a primary activity in the value chain of an organization.

Decentralization can help foster participative management practices.

Which of the following statements is true of the environmental forces that affect strategy formulation?

A retrenchment strategy is designed to ________.

A ________ strategy typically increases the cost structure for international companies and forces them to charge higher prices to recover such costs.

Strategy is the set of planned actions that managers take to help a company meet its objectives.

Which of the following strategies is designed to guard an organization against change?

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

Objectives of individual business units in an organization exclusively contain numerical targets of performance.

Which of the following is considered as a primary activity in an organization?

The main drawback of a multinational strategy is that it does not allow a company to ________.

________ teams can help break down barriers between departments and reorganize operations around processes in an organization.

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

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

Explain the differences between a mission statement and a business-level strategy.

A company that is selling unprofitable business units is most likely following a ________ strategy.

The closing of factories with unused capacity is an example of a stability strategy.

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