Evara Cosmetics Inc. is a company that operates in 20 countries around the globe. The company clearly understands that the skin and hair type of customers varies from one country to another. Consequently, its products are customized to suit local needs and preferences of customers, even though the costs incurred while producing these products are exceptionally high. This strategy helps the company behave as a local firm in a foreign market. In this scenario, which of the following strategies does Evara Cosmetics Inc. most likely implement? 

____________ is a mode of strategy formulation that involves systematically gathering information for situational analysis, generating feasible alternatives, and rationally selecting the most appropriate strategy.

An organic structure fits very well with:

A resource may be difficulty or costly for competitors to copy because:

An organization with an organic structure is most likely to use which mode of strategy formulation?

Generally speaking, structure deals with two basic things:

The scenario approach to strategic planning involves

A related constrained strategy relies primarily on __________ to achieve relatedness.

A company that is involved in all elements of the industry supply chain is said to engage in:

When identifying strategic groups, which two headings can the relevant characteristics most usefully be grouped under