BUSINESS BMAL 590 ALC6 Global Strategy

BUSINESS BMAL 590 ALC6 Global Strategy

ALC6 Global Strategy

-Overall, strategy is

a rulebook

a blueprint

a set of programmed instructions

none of the above

-Much of our knowledge about "the firm" is from research on firms in

Anglo-American capitalism

Japan after World War II

German mathematical models

emerging markets

-The word blank____________ has now become the most famous Chinese business word to appear in English-language media and means interpersonal networks.

keiretsu

guanxi

chaebol

blat

-"Global Strategy" refers to

a particular theory on how to compete

offering standardized products and services on a worldwide basis

strategy of firms around the globe -- essentially various firms' theories about how to compete successfully

all of the above

-Global strategies have reached new levels of significance because of three defining events:

education, fewer travel restrictions, and world banking

cultural diversity, world-wide education standards, and emerging nations

terrorist attacks, anti-globalization protests, and corporate crisis in Asia and the U.S.

expanding travel, shared sense of capitalism, and world standards for ethical behavior

-A SWOT analysis entails a firm's assessment of blank______

strengths, weaknesses, opposition, and threats

strengths, weaknesses, opportunities, and threats

strategy, weaknesses, opposition, and threats.

strategy, weaknesses. opportunities, and timing

-At the dawn of the 21st century, blank____ had significant ramifications for companies and strategists around the world.

anti-globalization protests

terrorist attacks

corporate governance crisis

all of the above

-Knowing the concepts and components of global strategy will

improve job and career opportunities

build awareness of what is going on in the world

avoid the downside risks of globalization

all of the above

-What is the best view of the concept of globalization?

A new force sweeping through the world in recent times

A long-run historical evolution since the dawn of human history

A pendulum that swings from one extreme to another from time to time

All of the above

-What are the three "legs" of the strategy tripod that ensure a strategy impacts performance?

Industry-based competition, firm-specific resources and capabilities, and institutional conditions and transitions

Resources, industry-based cons