GEB 4890_Exam2

The objective of a competitive strategy is to

Approaches to enhancing differentiation through changes in the value chain include

A potato chip manufacturer purchases a potato farm. Which of the following regarding its strategy is true?

The task of crafting a company's corporate strategy for a diversified company encompasses all of the following except

A boutique hotel provides upscale rooms and superior customer service at value prices. What strategy are they using?

Market size and growth rates in different countries can be influenced positively or negatively by

Related corporate diversification provide opportunities to exploit a first-mover strategy.

Corporate parenting egregate funds for each business in such a way that keeps the money safe.

What makes related diversification an attractive strategy?

A competitive strategy to be the low-cost provider in an industry works well when

_a set of factors (analogous to cost drivers) that are particularly effective in having a strong differentiation effect.

Companies enter a foreign market to capture economies of scale in product development, manufacturing, or marketing.

An unlikely risk of cross-border alliances between domestic and foreign firms is

Economies of scope

The diamond framework is unlikly to answer which of the following questions about competing on an international basis?

The culture of a company can be a cost-efficient value chain activity because it can

What is the name of the process for developing new businesses as an outgrowth of a company's business operations?

The advantages of manufacturing goods in a particular country and exporting them to foreign markets

A sound justification for unrelated diversification is that doing so can

A competitive strategy of striving to be the low-cost provider is particularly attractive when

Achieving a sure-cost advantage over rivals entails

Unrelated businesses have dissimilar value chains and resource requirements.

Competition in foreign markets is complex b/c factors that affect industry competitiveness are the same in every country

Vanguard, one of the world's largest investment management companies, has attained

An umbrella brand is a

The advantages of using an acquisition strategy to pursue opportunities in foreign markets include

Cross-border transfer activities and home country advantages determine whether to employ entry strategy options.

A cross-border alliance was not created when Walgreens merged with Alliance Boots in 2014.

A weaker U.S. dollar is an economically favorable exchange-rate shift for manufacturing plants based in the USA.

A dominant business enterprise one major "core" business and a collection of small related or unrelated businesses.

Quantitative attractiveness ratings for the industries a company has diversified into involves rating sucess factors.

The advantages of using a licensing strategy to participate in foreign markets include

A differentiation strategy works best when

An acquisition-minded firm must consider is pay a premium price for a successful company or to buy a struggling company.

The objective of differentiation is offer customers what rivals can't, at least in terms of the level of satisfaction.

An example of how companies can revamp their value chain to reduce costs is to

A major advantage of related diversification is that it ffers ways for a firm to realize 1 + 1 = 3.

Whatever strategic approach is adopted by a company to deliver value, it nearly always requires

The five generic competitive strategies include

The risks of strategic alliances often include all of the following except

What hurdles are present in calculating industry attractiveness scores?

Political risks stem from instability or weakness in national governments.

Biggest strategic challenges to competing internationally is whether to pursue a franchising strategy or a joint venture

The world economy is globalizing at an accelerated pace because

Which of the following rationales for pursuing unrelated diversification is likely to increase shareholder value?

Dramatic cost advantages can often emerge from

What factor is not LIKELY responsible for Apple's decision to set up mobile phone manufacturing facilities in India?

How valuable a low-cost leader's cost advantage is depends on

Diversifying into new businesses can be considered a success only if it

A low-cost leader's basis for competitive advantage is

Brands create customer loyalty, which in turn

A location-based advantage for competing on an international basis can best be exemplified by

The three tests for judging whether a particular diversification move can create value for shareholders are the

Clinícas del Azúcar is addressing diabetes, a major health issue in Mexico, by using a generic strategy that is known as

Tiffany & Co. opted to enter into the mining industry in Canada in order to

To attain differentiation-based competitive advantage, a company would likely to appeal to buyers who are sophisticated.

A "think-local, act-local" multidomestic strategy is matching a company's competitive approach in each country's market.

When calculating the weighted industry attractiveness scores, we find the more intensely competitive an industry is

It becomes particularly urgent for a company to consider diversification when there are

The essential requirement for different businesses to be "related" is that their value chains share commonalities.