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BUS 690 Exam 2
Exam 2
11
Business
Undergraduate 1
05/07/2008

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Cards

Term

Two levels of strategy for a diversified firm are:

Definition

Answer: 

business-level and corporate-level.

Term

Which of the following has the highest level of diversification?

Definition

Answer:

Related-linked

Term

  

Firms that have selected a related diversification corporate-level strategy seek to exploit:

Definition

 

Answer:

economies of scope between business units

Term

 

 

A friendly acquisition

Definition

 

Answer:

facilitates the integration of the acquired and acquiring firms

Term

 

  Which of the following is NOT an attribute of a successful acquisition? 

Definition

Answer: 

Investments in advertising and image building are made quickly.

Term
  Firms with core competencies that can be applied across international markets are able to.
Definition

Answer:

Enter new markets more quickly.

Term
A multidomestic corporate-level strategy is one in which:
Definition

Answer:

Strategic and operating decisions are decentralized to the strategic business unit in each country.

Term
 

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.

Definition

Answer: 

 Transnational

Term
 

All of the following are business-level cooperative strategic alliances EXCEPT:

Definition
Answer:

Synergistic strategic alliances

Term
  The functional structure works well in large firms implementing a ___________strategy.
Definition

Answer:

Differentiation

Term

 

  Which of the following is NOTassociated with heterogeneous top management teams?

Definition

Answer: 

Diminished debate

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