16. Star businesses have strong or market-leading competitive positions in markets and high levels of profitability, and are often the cash cows of the future.

Select one:

a.attractive, high-growth

b.growth and attractive

c.attractive, growth

d.attractive

e.high-growth

17. Key targets for an offensive attack include small local and regional firms with limited

Select one:

a.resources

b.infrastructure

c.capabilities

d.capacity

e.planning

18. exists when competition in one national market is not closely connected to competition in another national market

Select one:

a.Strategic options

b.Competitive advantage

c.Multidomestic competition

d.Multinational strategy

e.Global strategy

19. is the process of developing new businesses as an outgrowth of an organizations established business operations.

Select one:

a.Attractive alliance

b.Related diversification

c.Strategic partnership

d.Cross-border alliance

e.Corporate venturing

20. is the extent to which a firms internal activities encompass one, some, many or all of the activities that make up an industrys entire value chain system

Select one:

a.Defensive approach

b.Generic strategy

c.Horizontal strategy

d.Dynamic system

e.Vertical scope