Not a risk associated w bottom of pyramid Show
New products perceived as exploiting Multinational films are faced w Local adaptation and global integration One challenge of globalization Meet need of different income levels Trade _ nations will exceed trade _ nations Half the world output comes from engineering Globalization’s involves exchange with In porters diamond of national advantage.. not affect nation competitive Conditions in nations governing Rivalry is intense in nations with _ consumer demand, _ supplier, _ new entrants According to Porter, intense domestic competition More likely to design strategies to compete abroad Countries with demanding consumers drive Related industries create new companies in markets. This _ competition and improve _ Porter diamond strongest global competitive success Not a motivation to pursue international expansion Wishes to increase foreign market penetration Considering optimizing the physical location what is not possible strategic advantage If US dollar appreciates relative to foreign currency _ occurs when a firm utilized other firms to perform Sources of political risk don’t include When firms expand into global markets.. high pressure exist to lower costs and companies should Global
strategy When firms expand into global markets.. high pressure exist to adapt locally and companies should Transnational strategy To be responsive to local pressures companies must When differentiating products, strategies are likely to In quest to achieve competitive advantage in global markets Which is appropriate strategy for companies to use to compete in global market High pressure for local adaptation combined with low Industries in which more value is added in Which if the following types of international firms Firms in indiaries that have much value added in research and design Recent trends that might lead managers of multi national corps Customer needs interests and tastes Firms following global strategy strive to offer Which is not a risk with global strategy Pressures for local adaptation Which is not limitation of global strategy Ability to locate activities Which of following is reason for rise in regional expansion Increase in number of trading blocs Regionalization is most important because The true distance between Home country and foreign Similarity of culture, laws and rules According to book, _ economic integration has progressed faster than _ Regions represent the outcomes of centuries Which of following is typical order of entry in foreign Exporting, licensing, franchising A domestic Corp considering international expansion Will implement low risk low control Form of entry strategy into international operations Fees that a multinational received from foreign licensee _ entail creations of third party legal entity Joint ventures Most appropriate when form as knowledge and capabilities A firm can establish a wholly owned sub by Acquiring an existing companie For an entrepreneurial startup to be successful A viable opportunity, available resources Which is not a common source of a new business opp The process of identifying, selecting and developing Generally speaking the recognition process Which is not characteristic of entrepreneurial opportunity When and opportunity is attractive long enough Which is not a primary source of financing Majority of start ups are financed through Personal savings and family and friends Private individuals who provide seed capital Which is not true about venture capitals Venture capital is a form of public equity financing According to text new ventures launched by entrepreneurial teams Key avenue for growth for many young and small firms through partnering The US small business ad supports Investing venture capital Not one of the 3 characteristics of entrepreneurial leadership Clarifying job responsibilities Entrepreneur has to envision what doesn’t exist Which is not a common new entry strategy Seeking products or services that have been successful The new entry strategy is dependent on Riskiness and innovative ness Not a factor that make difficult for new ventures to be successful Customer service is often costly Amazon is company that uses differentiation strategy Exceptional customer service One way entrepreneurs achieve success is using resources Entrepreneurial firms that use low cost leadership Extensive investment in order to achieve When an industry is mature Which does not make it difficult for entrepreneurs to pursue diff New ventures may find it difficult to use differentiation Sufficient funding Intense rivalry involving action as among competitors Competitions with similar offers find that new entrant Nearly all market need is already In competitive dynamics new entrants may force strategies Which is not reason a company launches new actions Find new sources of raw materials
Aircraft makers Boeing have high degree of Wall Street journal and ny times Increased market commonality When 2 firms have both high degree of market comm and high resources Competitive tendencies of small firms Small firms are more nimble All are examples of strategic actions except Best example of tactical action a company may use Which is not a factor have a competitor will respond to competitive attack Which refers to a situation where a company has high concentrations Strategic competitive actions include Product service enhancement Small firm make no attack due to lack of resources Behavioral controls are aspects of strategic change The traditional approach to strategic control Action plans are submitted by lower managers Which is primary drawback of traditions strategic control They lack the flexibility For businesses facing complex and turbulent business environments Traditional strategic controls are inappropriate In the contemporary approach to strategic control Strategy formulation Contemporary approaches to strategic control Informational control systems are connected Is the organization doing the right things Continuous monitoring in the contemporary approach
Which is not one of the characteristics of contemporary control system It circumvents the need for face to face Top managers at ABC company meet every Friday to review As firms simultaneously downsize the need for increased coordination Boundaries and constraints Which is not an example of how organizational culture exerts behavioral control Culture sets explicit boundaries Founder of Walmart gave pep rallies bc Helped reinforce and sustain culture Which is not reward and incentive system They represent poor means of influencing culture Does not always guarantee When subcultures emerge that have shared values Individuals begin working at cross purposes Which is not effective rewards and incentive system The structure is fixed to assure employees of consistency Lack of clear understanding of organizational goals Effective boundaries and constraints Minimize improper ethical conducts Effective short term objectives should be Must be specific for clear understanding
Rules and regulations are Boundaries and constraints Best way to minimize improper and unethical conduct Set boundaries and constraints Which to behavioral strategic controls would be the least appropriate for an organization Most successful organizations minimize the need for explicit rules regulations and other boundaries Designing effective reward systems Rule based controls are least appropriate with Employees highly skilled and independent Rules and regulations rather than culture would be Manufacturer of mass produced products Primary participants in corporate governance Agency threory is concerned with resolving two problems Stockholders and management I order to minimize the temptation or managers to act in their own self..NOT Individual and institutional shareholders have Right to bring suit for damages Serves as both CEO and the chair of board External governance control mechanisms In trying to assure managerial actions ions lead to value maximization Become an attractive takeover target By takeover constraint we mean Risk of being acquired by hostile It is generally argued that takeover constraint .. Engaging in opportunistic behavior In principal -principal comflicts Expropriation of minority shareholders Adversely affected by the actions of controlling shareholders In large organizations, a strategy of diversification Product lines Which is not primary factor that a large firm with international operations Degree of market diversity When an organizations with a simple structure increases When an organization with a functional structure diversifies Develops a divisional structure A strategy of related diversification requires more firms Successful organizations create The two vital ongoing activities necessary for creating boundaryless Type of structure, mechanisms, processes Organizational structure refers to Tasks
Structures help to ensure that Which is not identified structure Organizations that make it to the growth stage Increase overall scope of operations The appropriateness of the type of organizational structure Which of statements about simple organizational false Creativity and individualism are rare Low specialization and high centralization Functional structures are usually Which is an advantage of a functional type of organizational structure Looking of specialists enhances coordination Which is disadvantage of functional type of organizational structure Differences in functional orientation may impede Which is an advantage of divisional type of organizational structure Enhanced ability to respond quickly Which is not a disadvantage of divisional type of organizational structure There is separation of strategic Which is not an advantage of strategic business unit SBU type Corporate office is more removed from individual divisions Important advantages of a holding company structure Savings in personnel and overhead expenses Strategic business unit SBU and holding company A matrix organizational structure is characterized by Functional structure Complicated working relationships, intense power struggles and excessive I creased responsiveness s Low level of product diversity Worldwide product division High level product diversity Which is not primary type of organizational structure Home country product division Which of the following are the three major contingencies that influence the structure of an international company?The main contingency factors are size, task uncertainty, and diversification. Each organization varies on its levels on these contingency factors and on corresponding structural variables.
Which of the following statements regarding the disadvantages of a holding company structure are true?Which of the following statements regarding the disadvantages of a holding company structure are true? It hinders turning around individual business in the company that may run into trouble.
Which of the following are characteristics of horizontal organizational structures?Horizontal Organization Defined
A horizontal organization has few – if any – managers because the focus is on empowering the staff members and removing any barriers between the executive level and the staff level. Teamwork, collaboration and the exchange of ideas are the hallmarks of a horizontal organization.
Which of the following are the four essential aspects of an organizational structure?Edgar Schein, a prominent organizational psychologist, identified four key elements of an organization's structure: common purpose, coordinated effort, division of labor, and hierarchy of authority. Each of the four elements represents an essential component of an effective structure.
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Which of the following statements about creating permeable internal boundaries are correct?
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