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10 Cards in this Set

  • Front
  • Back
99. The primary responsibility of the franchisor, such as McDonald's or Hilton International is to
c. Transfer to the franchisee knowledge and skills needed to compete at the local level.
Are an important influence in Japanese corporate governance structures?
b. Consensus
cooperative strategy helps the firm diversify in terms of products offered, markets served, or both.
a. Corporate-level
Exist(s) when there is a need in the market that can be satisfied by new goods or services.
c. Entrepreneurial opportunities
Is (are) critical in order for a firm to gain access to resources from partners in a cooperative alliance.
a. Complementary strategic goals
is one of the reasons for the differences in rates of entrepreneurship among different countries.
c. Culture
is the degree to which rules and procedures govern work.
a. Formalization
___ strategic alliances have stronger focus on value creation than do ___ alliances
b. Complementary; competition
100. A virtually exclusive reliance on financial controls may occur when outsider-dominated boards exist. This may lead to all of the following EXCEPT
a. High executive turnover.
100. The ability to attract and manage ___ may be the most important skill a strategic leader must have.
a. Human capital