The decision-making discretion of top-level managers is determined partly by external environmental sources such as the industry structure, the rate of market growth in the firm’s primary industry, and the degree to which products can be differentiated

RexMacDonald, Inc., uses a differentiation strategy that relies on cooperation, communication, and sharing of ideas among employees. In order to foster this behavior, RexMacDonald should emphasize strategic controls over financial controls

Some companies have a preference for insiders to fill top-level management positions because of the desire for continuity and a continuing commitment to the firm’s existing vision, mission, and chosen strategies

Raymond Vernon states that the classic rationale for international diversification is to:

International corporate-level strategy focuses on:

Dynamic alliance networks work best in industries:

An emphasis on strategic controls encourages managers to be risk averse

One critical ability of a strategic leader is skill in attracting and managing human capital

In general, cross-border strategic alliances are more __________ and __________ than domestic strategic alliances, especially in emerging markets.

A friendly acquisition: