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37.
A company's ability to achieve and maintain a unique and valuable competitive position
both within a nation and globally, generating higher rates of profit than its competitors, is
known as
9-22
38.
Which of the following is not correct regarding the skills or competencies a company must
develop to achieve a sustainable competitive advantage?
9-23
39.
Which of the following is correct regarding the skills or competencies a company must
develop in order to achieve a sustainable competitive advantage?
40.
To create a competitive advantage that is sustainable over time, the international
company should try to develop competencies that
41.
Managers of international companies that are attempting to develop a competitive
advantage face a formidable challenge because
42.
Managers of international companies that are attempting to develop a competitive
advantage face a formidable challenge because
43.
The process by which an organization determines where it is going in the future, how it
will get there, and how it will assess whether and to what extent it has achieved its goals
is known as
44.
International firms have found it necessary to institute formal global planning
45.
According to a survey by Bain & Company, the management tool with the highest reported
levels of satisfaction among global executives is
46.
According to the text, the firm's ultimate manager of strategic planning is the firm's
47.
According to the text, the strategic planning process provides a formal structure in which
managers will do the following:
48.
According to the text, the strategic planning process provides a formal structure in which
managers will do all of the following except
49.
According to the text, the strategic planning process provides a formal structure in which
managers will do all of the following except
50.
According to the text, the strategic planning process provides a formal structure in which
managers will
51.
According to the text, when the managers are analyzing the corporate controllable
variables, the three key questions managers must address about their business include
52.
An assessment conducted on the chain of interlinked activities of an organization or set of
interconnected organizations, intended to determine where and to what extent value is
added to the final product or service is known as
53.
According to the text, value chain analysis focuses primarily on what question(s)?
54.
According to the text, which of the following is the goal of value chain analysis?
55.
The practices that organizations and their managers use for identifying, creating,
acquiring, developing, dispersing, and exploiting competitively valuable knowledge is
known as
56.
Knowledge that an individual has but that is difficult to express clearly in words, pictures,
or formulae, and therefore difficult to transmit to others is known as
57.
Knowledge that an individual has that is easy to express clearly in words, pictures, or
formulas is known as
58.
According to the text, when the international company's planning committee has
completed the internal audit, it is ready to examine
59.
A broad statement that defines the organization's purpose and scope is known as a
60.
A description of the company's desired future position if it can acquire the necessary
competencies and successfully implement its strategy is known as a
61.
A clear, concise description of the fundamental beliefs and priorities expected of the
organization's members, reflecting how they are to behave with each other and with the
company's customers, suppliers, and other members of the global community is known as
a
