ABC, Inc. decides to move two internal value chain activities outside the firm’s boundaries to other firms in the industry value chain. This is known as:

Agents possess informational advantage over principals based on:

ABC, Inc. has relied too long on their customer service competency without any changes (refining, upgrading, etc.) even though the firm and the environment have continued to change? What is the most probable outcome?

ABC, Inc. wants to expand internationally, but wants to maximize control for the expansion operation to protect IP with significant capital investment. Which would be the bestentry mode for ABC?

As economic and political integration between countries increases, this coordination affects the world economy how?

Which of the following countries has a low geographic distance but a high cultural distance from the United States?

ABC, Inc.’s differentiation strategy can achieve a competitive advantage as long as its:

When comparing equity alliances to non-equity alliances, which of the following is an advantage of equity alliances?

ABC, Inc. hires Dan to deliver their product to retail locations. During deliveries, Dan often takes naps or surfs the internet on his phone. He tells his senior manager that each delivery took more time to cover his lack of work effort. ABC, Inc.’s stockholders are unaware of this situation. In the context of a principal-agent problem, this is known as:.

ABC, Inc. has created changes in their industry value chain that moved ownership of activities closer to the end (customer) point of the value chain. What is this known as?