Reference no: EM131506258
Assignment
Strategic Management Chapter 8
Review of Key Concepts and Objectives
Even though this chapter was already discussed in previous weeks, my questions below are different.
Still take some time to read the below list of some of the main key terms you will find in this chapter. Keep in mind that getting familiar with these may help you in the rest of the class.
• Chapter 8: International Strategy
o Explain incentives that can influence firms to use an international strategy.
o Identify three basic benefits firms achieve by successfully implementing an international strategy.
o Explore the determinants of national advantage as the basis for international business-level strategies.
o Describe the three international corporate-level strategies.
o Discuss environmental trends affecting the choice of international strategies, particularly international corporate-level strategies.
o Explain the five modes firms use to enter international markets.
o Discuss the two major risks of using international strategies.
o Discuss the strategic competitiveness outcomes associated with international strategies, particularly with an international diversification strategy.
o Explain two important issues firms should have knowledge about when using international strategies.
• Chapter Concepts:
o International strategy
o Business-level strategy
o Corporate-level strategy
o National advantage
Class, after reading the chapter please answer the following Questions:
• What are the three basic benefits firms can achieve by successfully using an international business-strategy?
• What are the three international corporate-level strategies? What are the advantages and disadvantages associated with these individual strategies?
STRATEGIC MANGEMENT CHAPTER 11
Key Concepts and Objectives
Even though this chapter was already discussed in previous weeks, my questions below are different.
Still take some time to read the below list of some of the main key terms you will find in this chapter. Keep in mind that getting familiar with these may help you in the rest of the class.
• Chapter 11: Organizational Structure and Controls
o Define organizational structure and controls and discuss the difference between strategic and financial controls.
o Describe the relationship between strategy and structure.
o Discuss the functional structures used to implement business-level strategies.
o Explain the use of three versions of the multidivisional (M-form) structure to implement different diversification strategies.
o Discuss the organizational structures used to implement three international strategies.
o Define strategic networks and discuss how strategic center firms implement such networks at the business, corporate, and international levels.
• Chapter Concepts:
o Organizational structure
o Organizational controls
o Strategic controls
o Strategy and structure relationships
Class, after reading this chapter answer the following questions:
• What are the characteristics of the functional structures used to implement the cost leadership, differentiation, integrated cost leadership/differentiation, and focused business-level strategies?
• What is a strategic network?
• What is a strategic center firm?
• How is a strategic center used in business-level, corporate-level, and international cooperative strategies?