According to research, globalization has allowed firms to

increase their market share.

lower their cost structure.

respond to individual market segments.

avoid international competition.

all of the above.

2- Related diversification of Honda Motor Company was achieved by implementing horizontal integration. .

Group of answer choices

True

False

3- In general, value-creating diversification of General Electric under Jack Welch was

Group of answer choices

Economies of scope

Market power

Financial economies

Brand loyalty

4- Rob McKinsey, the President of McKinsey Inc. discovers that the functional structure of his company is becoming too awkward as McKinsey Inc. grows in size and complexity, so it would be strategically reasonable to turn to

Group of answer choices

a simple structure.

downsizing.

reengineering.

restructuring.

outsourcing.

5- Douglas Inc., a producer of industrial drones, in order to sell product in foreign markets implements a multidomestic strategy. So, Douglas Inc.'s strategy must be associated with

Group of answer choices

A) high levels of coordination.

B) low levels of formalization.

C) many integrative mechanisms.

D) interdependent divisions.