MGMT 4842 Exam 2

Which of the following rivals are the most attractive targets for an offensive from a firm with strengths in shipping and distribution to the final consumer?

a rival with weaknesses in distribution to customers

Which of the following is NOT a potentially important factor for companies pursuing a related diversification strategy?

all of the above are actually good indicators for pursuing related diversification

Entering into strategic alliances and collaborative partnerships can be competitively valuable because:

cooperative arrangements with other companies are very helpful in racing rivals to build a strong global presence and/or racing to seize opportunities on the frontiers of advancing technology

Which of the following is NOT one of the keys to success when pursuing unrelated diversification strategy?

ensure that the value chains of the acquired businesses create economies of scope

Strategic offensives should, as a general rule, be based on:

exploiting a company's strongest competitive assets

An important step in analyzing the strategy of a diversified firm is assessing the attractiveness of the industries in which the firm operates. This involves...which of the following two components are usually going to be the most strongly weighted for a firm pursuing related diversification?

intensity of competition and cross-industry strategic fit

Which of the following is a disadvantage of the global strategy?

it's difficult to adequately respond to local conditions

Based on this information, which internationalization tactic is Tiger Tenniswear discussing with Le Coq Sportif?

licensing

Which of the following is NOT a potential advantage of backward vertical integration?

reduced business risk because of controlling a bigger portion of the overall industry value chain

Who is ECU's real career passing leader?

shane carden

Arden is the new head of Bayou Bengal Businesses, conglomerated corporation. He is now ready to report back to the Bayou Bengal board the group of companies that warrant the greatest investment. Which group is it?

the stars

According to stakeholder theory of the firm, organizations should serve "anyone who can affect or is affected by the firm."

true

All things considered, it makes economic sense for a corporation to behave in a socially responsible manner.

true

In adopting an integrative social contracts orientation toward ethics, a firm provides local managers some moral free space to decide what additional rules and policies may be appropriate, but will simultaneously have a set of universal ethical norms that will take precedence.

true

It is illegal for US companies to bribe foreign officials even when bribing foreign officials is considered normal and acceptable behavior within that foreign country.

true

One factor that makes expanding internationally a challenge is that firms have different home-field (or home-country) advantages in different countries.

true

One reason a firm might wish to pursue international growth is to further capitalize on core competencies.

true

Principled moral development is to ethical universalism as conventional moral development is to ethical relativism.

true

Derrius is the CEO of Creole Langiappe, a Louisiana-based company that produces shrimping nets... Derrius has determined that acquiring one or more new business units is the key to growth and survival for Creole Langiappe.

unrelated diversification

In which of the following cases are late-mover advantages (or first-mover disadvantages) NOT likely to arise?

when intellectual protections can insulate a new product from copy or imitation