It is advantageous for an industry to be designated "strategic," as that often means it can qualify for government subsidies and bailouts. True False In assessing and choosing a firm’s strategy, a manager will usually find that benchmarking is: a. unimportant if there is a well-thought-out strategy. b. a valuable part of evaluating a firm’s capabilities. c. the surest way to dilute strengths and magnify weaknesses. d. likely to be the most successful strategy. How does bounded rationality affect strategic decision making? a. Only with prior experience can managers of multinationals make rational strategy decisions. b. Bounded rationality has no effect on decision making. c. Managers pursue their interests and make choices within the formal and informal constraints in a given institutional framework. d. Relying on informal connections as a strategy is only relevant for firms in emerging economies.
QUESTION 19
-
It is advantageous for an industry to be designated "strategic," as that often means it can qualify for government subsidies and bailouts.
True
False
-
In assessing and choosing a firm’s strategy, a manager will usually find that benchmarking is:
a. unimportant if there is a well-thought-out strategy.
b. a valuable part of evaluating a firm’s capabilities.
c. the surest way to dilute strengths and magnify weaknesses.
d. likely to be the most successful strategy.
-
How does bounded rationality affect strategic decision making?
a. Only with prior experience can managers of multinationals make rational strategy decisions.
b. Bounded rationality has no effect on decision making.
c. Managers pursue their interests and make choices within the formal and informal constraints in a given institutional framework.
d. Relying on informal connections as a strategy is only relevant for firms in emerging economies.
-
Being viewed as foreign is never an asset.
True
False
-
The most realistic and balanced view of globalization is
a. a new force sweeping through the world in recent times.
b. a long-run historical evolution since the dawn of human history.
c. a pendulum that swings from one extreme to another from time to time.
d. headed in one direction.
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
