Strategic Management Answers

15. (TCO 4) A limited liability company has which of the following advantages? (Select all that apply.)

2) Which of the following is NOT a step that might be used to improve the quality of a firm 's marketing intelligence?

B. Allows a firm to perform different activities than its rivals with greater value creation

A. Partnerships with local firms provided regional expertise for a company expanding its operations abroad

Which of the following reasons for diversification is most likely to increase the firm’s value? a. increasing managerial compensationb. reducing costs through business restructuringc. taking advantage of changes in tax lawsd. conforming to antitrust regulation

b. Describe a scenario in which the size of a corporation is not affected by access to international opportunities.

5. Be closer to supply sources, benefit from global sourcing advantages or gain flexibility in product sourcing.

20. Production of goods and services has become globalized to a large extent as a result of _______.

In 1962, the birth of regional discount stores occurred, including Wal-Mart, which grew to be one of the world’s most successful retailers

As the globalization of the world economy and the speed up integration process the international competition is increased, the requirement for international business strategy is rising ever higher. International business strategy plays a vital role in the global economy, it not only to guide a company's development, but also link the global economy. What is strategy? A strategy is the pattern or plan that integrates an organisation's major goals, policies and action sequences into a cohesive whole. (Mintzburg, 1984) Those strategies established long-term objectives and provided the overall guidance for the operational decisions which are

a. Explain how the theory of comparative advantage relates to the need for international business.

As discussed in Chapter 21 of our text book, any company that is looking to expand globally must make five key decisions. A firm must decide if: a) they really want to expand to the international market; b) they

a. With more companies starting to expand to others country markets, the competition was taking global dimensions:

2. Which diversification strategy is illustrated by each of the following acquisitions? What synergies of benefits might each purchase produce?

2. All of the following are different ways a firm can obtain new products, except which one?