When a firm becomes internationally diversified, the initial impact on returns is that they:

Sales of watches among teenagers and twenty-somethings are declining rapidly as this age group uses cellphones, iPods, and other devices to tell time. A company that specializes in selling inexpensive watches to this age group may wish to consider __________ in order to develop new products other than watches.

When using cooperative strategies, firms most frequently develop strategic alliances that:

Typically, a vice president would NOT be considered to hold a high enough position to be included in the top management team of an organization

Internal competition for corporate resources is effective for companies with an unrelated diversification strategy, but dysfunctional for companies with a related constrained strategy

McDonald’s, Hilton International, and Subway all license their trademarks and methods to other businesses. In doing so, they rely on the __________ strategy.

Moving into international markets is a particularly attractive strategy to firms whose domestic markets:

Firms with core competencies that can be exploited across international markets are able to:

Members with substantive expertise in the firm’s core functions and businesses aid the effectiveness of the top management team

Which of the following types of strategic alliance is best at passing tacit knowledge between partners?