Strategy Bsg Quiz 2 |78 Questions| With Correct Answers.

cultural {Ans: cage, disparity between firms home and host country, specifically social norms, morals, beliefs, and values}demand conditions {Ans: porter diamond model, nature of home market demand for the industry's product or service, sophisticated demand forces firms to create advanced products and services, example is denmarks high levels of environmental awareness and japans production of high quality air conditioners}porters view {Ans: managers should have dual focus on shareholders value creation and value creation for society}unilever {Ans: what is an example of transnational integration responsiveness framework?}triple bottom line {Ans: profits, people, and planet, focuses on economic, social ,and ecological performance}executive compensations goal {Ans: to align executive compensation with shareholders interest and to tie executive pay to firm performance to utilize stock options or other equity based forms of compensation}how to compete vs where to compete {Ans: what is the difference between business strategy vs corporate strategy}unrelated diversification {Ans: conglomerate, occurs when the added business shares little with existing business, example is berkshire hathaway}outside directors {Ans: directed are employed from outside of the firm and typically are senior execs of other firms, lawyers, accountants, and professors}forward/downstream integration {Ans: companies expansion into activities