business quiz homework

a.

make imitation easy for competitors

b.

remain static over time

c.

reflect creative exploration of opportunities in the competitive space

d.

be based on imitating competitors

e.

None of the Above

a.

international

b.

transnational

c.

global

d.

multinational

e.

niche

a.

conglomerate

b.

niche player

c.

differentiator

d.

multinational firm

e.

None of the Above

a.

to create alliances

b.

to export

c.

to consolidate structures across boundaries

d.

to make foreign direct investments

e.

to merge with multinational corporations

a.

Net present value calculations

b.

Bootstrapping techniques

c.

IPOs

d.

Expatriates

e.

Value nets

a.

A high-growth industry

b.

An industry characterized by falling demand, high exit barriers, and excessive productive capacity

c.

An industry characterized by a "commodity-type" product, strong demand, and low exit barriers

d.

A mature industry during an economic upturn

e.

An industry characterized by tacit price agreements

a.

it includes pay and promotion considerations

b.

it affects the way strategy is executed

c.

it is related to strategy formulation

d.

it is related to strategy implementation

e.

All of the Above

a.

Learning

b.

Growth

c.

Flexibility

d.

Exit

e.

Waiting-to-invest

a.

increasing resource strains

b.

a growing number of consumers in emerging economies

c.

decreasing global labor and talent markets

d.

increasing environmental strains

e.

shifting of economic activity within countries and regions

a.

pretty much the same wherever you go

b.

are somewhat dependent on the national context in question

c.

characterized by an immediate abandoning of the old established technology

d.

more adversarial between owners and managers in Japan

e.

indifferent to the interests of corporate shareholders

a.

IPO

b.

maturation phase

c.

takeoff period

d.

product life-cycle

e.

All of the Above

a.

greater the difficulty and

b.

greater the chance of synergy and a lower

c.

lower the

d.

easier it will be to absorb

e.

None of the Above

a.

differentiators

b.

economic logic

c.

vehicles

d.

staging and pacing

e.

arenas

a.

balances costs against benefits

b.

measures strategy and vision against business and operating-unit-level performance

c.

attempts to weigh the benefits of combining cost leadership and differentiation

d.

focuses on only financial objectives

e.

has nothing to do with personal objectives

a.

Total benefits of internationalization take the shape of a S-curve

b.

Total costs of internationalization tend to increase with levels of internationalization

c.

Net gains from internationalization tend to increase as levels of internationalization increase

d.

Net gains from internationalization take on the shape of a S-curve

e.

Net gains from internationalization are affected by the total costs of internationalization

a.

Being "stuck-in-the-middle"

b.

Institutional theory

c.

The theory of perfect competition

d.

Competitive interaction theory

e.

The resource-based theory of the firm

a.

Detroit

b.

Flint

c.

China

d.

the U.S.A.

e.

both (a) and (b)

a.

low / high

b.

low / low

c.

high / low

d.

high / high

e.

All of the Above

a.

how important it is to have a delicious doughnut

b.

the importance of good corporate governance

c.

a company stock price that just keeps rising and rising

d.

how the pocket book is more important than the stomach

e.

why public servants are often found in doughnut shops

a.

not so much an event as it is a continual process

b.

easy once the firm is acquired

c.

purely a cultural issue

d.

purely a technical issue

e.

a process in which important decisions should be made slowly

a.

a clear communication of vision

b.

an appropriate structure

c.

a well thought-out execution plan

d.

the requisite skills

e.

the motivating incentives

knowledge sharing

effective management

joint investment

complimentary resources

All of the Above

a.

Product/Market extension

b.

Geographic roll-ups

c.

Industry convergence

d.

M&A as Research and Development

e.

Overcapacity M&A

a.

Idiosyncratic resources

b.

Technological discontinuities

c.

Turbulent and hypercompetitive markets

d.

Glabalization strategies

e.

None of the Above

a.

teamwork / individual effort

b.

candor / agreeing with the boss

c.

delayering / creating efficiency

d.

long-term growth / quarterly earnings

e.

total quality / shipping on schedule even with defects

a.

Automotive

b.

Banking

c.

Insurance

d.

Oil and Gas

e.

Telecommunications

a.

In dynamic environments, synergies are achieved through static definitions of the business-unit arenas and formal structural links among them.

b.

Monopolies tend to dictate the price levels in a market by controlling supply.

c.

In the evolution of firms over time, most leadership teams decide to expand into new businesses.

d.

Firms with a broad scope of business activities have different demands for organizational structure than firms that are narrowly focused.

e.

Perfect competition is the ideal environment for maximizing firm profits.

a.

venture capitalists

b.

angel investors

c.

financing

d.

an idea

e.

None of the Above

a.

A social network

b.

High-end disruption

c.

Low-end disruption

d.

An agency problem

e.

Coevolution

a.

staging and pricing

b.

deciding on which industries to compete in

c.

executing implementation levers

d.

considering the economic logic of your business model

e.

determining what will differentiate your product or service