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Question
What is the difference between primary and secondary activities in the value chain? Describe the functions of configuration and coordination in these value activities.
Answer
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Which of the following is true about projected demographic changes up to the year 2050 that could affect future production and sales locations?
A) The share of the working population should rise in developed countries and fall in developing countries.
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Describe total quality management.
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Describe the two basic ways that companies can create value. What role does the value chain play in these methods?
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What is the Industry Organization (IO) paradigm? Discuss the underlying assumptions of this model.
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A company that develops different capabilities and contributions from different countries and shares them in integrated worldwide operations is using a transnational strategy.
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Using a concentrated configuration, an MNE performs value activities in different countries.
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Markets are not always perfectly competitive and some firms consistently outperform industry averages. This suggests that firm performance is also influenced by the presence of bright, motivated managers and their keen sense of innovative products or processes.
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The term ________ refers to a global company that thrives on seeking unique ideas and insights from locations around the world and then leveraging that knowledge in international markets.
A) multidomestic
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A) buyers are looking for customized products at bargain prices
B) the industry's product is a commodity
C) entry barriers are low for new firms
D) suppliers have little bargaining power