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7 Cards in this Set

  • Front
  • Back
Name variables that differs between SMEs and LSEs?
Resources
Formation of strategy
Organization
Risk-taking
Flexibility
Take advantage of economies of scale/scope
Use of information sources
Which model analyses whether a company should internationalize at al?
The nine strategic windows.
What does EPRG stand for?
Ethnocentric
Polycentric
Regiocentric
Geocentric
Name forces for global integration and market responsiveness.
Forces for global coordination/integration:
- Removal of trade barriers
- Global accounts
- Standardized worldwide technology
- Worldwide markets
- Global village
- Global cost drivers

Forces for market responsiveness
- Cultural differences
- Regionalism/protectionism
- Deglobalization
What is the traditional value chain model?
Value creation through transformation of inputs to products. Primary activities and supporting activities
What is the service value chain (value shops) model?
Value creation through customer problem-solving:
1. Problem finding
2. Problem solving
3. Choice
4. Execution
5. Control and evaluation
What happens if you combine product vale and service value?
High differentiation