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| Two levels of strategy for a diversified firm are: |
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| Answer: business-level and corporate-level. |
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| Which of the following has the highest level of diversification? |
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Firms that have selected a related diversification corporate-level strategy seek to exploit: |
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Answer: economies of scope between business units |
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Answer: facilitates the integration of the acquired and acquiring firms |
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Which of the following is NOT an attribute of a successful acquisition? |
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Answer: Investments in advertising and image building are made quickly. |
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| Firms with core competencies that can be applied across international markets are able to. |
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Definition
Answer: Enter new markets more quickly. |
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| A multidomestic corporate-level strategy is one in which: |
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Answer: Strategic and operating decisions are decentralized to the strategic business unit in each country. |
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| The strategic focus highlights the problems that domestic U.S. car manufacturers have had in competing with Asian automakers. As a result, GM is moving toward a ____ which will allow it to have both greater control over what happens in each of its foreign car companies and to be more responsive to regional needs. |
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| All of the following are business-level cooperative strategic alliances EXCEPT: |
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Definition
| Answer: Synergistic strategic alliances |
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| The functional structure works well in large firms implementing a ___________strategy. |
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Which of the following is NOTassociated with heterogeneous top management teams? |
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Definition
Answer: Diminished debate |
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