01 Feb 10-. Discuss what is meant
Business Questions
Each answer should be about one-half page
Chapter One
1. Discuss (with examples) what is an I/O and what is a resource-based business model.
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Chapter Two:
2. What ae the differences between the general environment and the industry environment? Why are these differences important?
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Chapter Three
3. What is Value Chain Analysis? How does it help companies earn above-average returns?
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Chapter Four
4. Explain Cost Leadership and Differentiation strategies. Be sure to name a real-life company that practices each strategy
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Chapter Five
5. What factors contribute to the likelihood of a response to a competitive action?
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Chapter Six:
6. What is corporate-level strategy? what is business-level strategy?
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Chapter Eight:
8. List and explain with examples the five entry modes firms may consider as paths to enter the international markets?
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Chapter Nine:
9. What is a strategic alliance? What are the three major types of strategic alliances?
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Chapters 10
10-. Discuss what is meant by “agency relationship”? What are some actions that firms can take to align the interests of managerial agents with those of the firm’s shareholders?
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Chapters 11
11-. Compare and contrast strategic and financial controls?
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