IBS Chap 7+8

“The extent to which a given competitor possesses strategic endowment comparable, in terms of both type and amount, to those of the focal firm” refers to the similarity of:

• Strategy

• Resources

• Markets

• Industry

• Economic environment

Local firms in emerging economies typically can at least match the ________ of MNEs.

• Expertise

• Experience

• A and B above

• None of the above

In some industries where pressures for globalization are relatively low, local firms may possess some skills and assets that are transferable overseas, thus leading to a/an_____strategy.

• Defender

• Extender

• Dodger

• Contender

• Transfer

Industry-based considerations regarding strategy:

• Focus on the nature of collusion

• Deal with the relationship between industry structures and firms’ propensity to collude

• Deal with the relationship between industry structures and firms’ propensity to collude to competing

• All of the above

Which of the following are least likely to result in collusion?

• High concentration ratio

• Heterogeneous products

• High entry barriers

• High market commonality

• Industry price leader exists

Firms with a high degree of network centrality are likely to be more attractive partners.

• True

• False

From the perspective of network position, firms located in the center of interfirm networks accumulate less power and influence.

• False

• True

Strategy involves planning for actions rather than reactions or interaction.

• False

• True

If an attack is so subtle that rivals are not aware of it,the attacker's objectives are not likely to have been attained.

• True

• False

Exploitation is action captured by terms such as:

• Refinement

• Choice

• Production

• Efficiency

• Selection & execution