Multicountry competition Study guides, Class notes & Summaries

Using domestic plants as a a production base for exporting goods to selected foreign country markets: Can be an excellent initial strategy for exploring the profitability of selling goods to foreign buyers without spending much, if any, additional capital (should the company's domestic plants have unused production capacity that can be utilized to produce goods for export) Operating in the markets of many different foreign countries requires company managers to confront the strategic iss...

Using domestic plants as a a production base for exporting goods to selected foreign country markets: Can be an excellent initial strategy for exploring the profitability of selling goods to foreign buyers without spending much, if any, additional capital (should the company's domestic plants have unused production capacity that can be utilized to produce goods for export) Operating in the markets of many different foreign countries requires company managers to confront the strategic is...

empowerment is A loss of "full control" on the part of top management (because higher-level managers may be unaware of actions taken by empowered employees under their supervision). Which of the following is not among the principal managerial components of the strategy execution process? Selecting energetic and motivated employees, training employees properly, and doing an effective job of empowering employees Which of the following is not a shortcoming or disadvantage of a decentralized o...

Good Competitive Intelligence about rivals' strategies, their financial performance, their competitive strengths and weaknesses, the actions and plans they have announced and the thinking and leadership styles of their executives is valuable because... ANS It enables a company to predict or anticipate what important actions rivals are likely to take next to be ready with defensive countermoves and to take rivals probable actions into account in crafting its own best course of action Deter...