Feature of heterogeneous top management team

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Reference no: EM132159101

1. Firms in fast-cycle markets may form alliances to do all of the following EXCEPT

1) take advantage of opportunities in emerging market countries

2) more quickly distribute new products

3) share risky R&D investments

4) capture economies of scale

2. Why do agency relationships exist in U.S. companies?

1) financial responsibility rests with lower-level employees

2) strategy implementation actions are given to functional managers

3) the ownership of a company is concentrated

4) decision making responsibility is delegated to a second party

3. A feature of a heterogeneous top management team is

1) cohesive decision making

2) slower implementation strategies

3) decreased innovative rationale

4) less diversity in team membership.

Reference no: EM132159101

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