Mqm 385 T4

Front 1

should allow a company to perform the value creation functions at lower cost or in a way that allows for differentiation and premium price

Back 1

corporate-level strategy

Front 2

corporate level strategy is used to identify: 3

Back 2

businesses or industries (compete)
value creation activities
methods to enter or leave businesses or industries

Front 3

__ involves taking a distinctive competency developed by a business unit in 1 industry, implanting it in a business unit operating it in another industry

Back 3

transferring competencies across industries

Front 4

taking a distinctive competency in one business unit in one industry and using it to create a new business unit in a different industry

Back 4

leveraging competencies

Front 5

arise when a company's business units are able to realize cost saving advantages

Back 5

economies of scope

Front 6

__ to differentiate products and expand product lines in order to satisfy customers' needs for a package of related products

Back 6

using product bundling

Front 7

__ by holding in check a competitor that has either entered the industry or has the potential to do so

Back 7

managing rivalry

Front 8

__ skills that transcend individual functions or business units

skills of top managers

Back 8

general organizational competencies

Front 9

related vs unrelated diversification

Back 9

unrelated- entry into industries that have no obvious connection to any company's value chain activities in its present industry

Front 10

3 entry strategies to implement the multi-business model

Back 10

internal new ventures, acquisitions, joint ventures