Question 1

What is the purpose of conducting a SWOT analysis? As an international manager, how would you conduct a SWOT analysis? How would you use the gathered information?

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Question 2

What is a related diversification strategy?

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Question 3

What is the difference between an overall cost leadership strategy and a focus strategy? Provide examples of firms that use each type of strategy.

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Question 4

What are the four basic components of strategy development? Explain the meaning of each component.

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Question 5

What are the unique challenges of the international strategic management process? Briefly describe the international strategic management process.

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Question 6

What are the three sources of competitive advantage that are available to MNCs but unavailable to domestic firms? Identify the four strategic alternatives MNCs use to balance these three sources of competitive advantage.

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Question 7

What strategic management challenges are faced by international businesses that have business units scattered around the world? How can a business strategy help improve a firm's ability to compete?

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Question 8

Describe the value chain and how it is used to assess a firm's strengths and weaknesses.

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Question 9

Briefly describe the four strategic alternatives for international business. Identify the four basic components of any type of international strategy.

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Question 10

What is international strategic management? How do international, corporate, business, and functional strategies differ?

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Quiz 11: International Strategic Management