Exam II Review ropics 1. What are the four primary reasons organizations pursue international opportunities (market size, return on investment, etc.)? 2. Discuss the five dimensions an organization must address in an international strategy (marketing, competitive moves, location of value-added activities, etc.). 3. Be prepared to apply the four factors of worldwide competitive advantage (factor conditions, related industries, etc.). 4. Discuss the three types of worldwide strategies (global, etc.). What are the two major factors that change when comparing these strategies (global integration, etc.)? 5. Discuss the modes of entry for an international strategy (subsidiary, joint ventures, etc.). 6. What are strategic business units? 7. What is a business unit strategy? What is the purpose of business unit strategies? How do activities impact the business unit strategy? 8. Discuss the four generic strategies (cost, focus, etc.) including the pros/cons of each and when they might be most effective. For our purposes, focus is considered one strategy (you don't have to differentiate between cost focus and differentiation focus). What is the primary risk when discussing generic strategies? * 9. What are the four strategies for increasing scope (product development, market development, etc.)? What are the two factors that determine which strategy you are pursuing (new vs. existing products, etc.)? 10. Discuss and apply the four types of acquisitions (vertical integration, concentric diversification, etc.). 11. What are the three corporate portfolio models (GE Business Screen, etc.)? How are they used? What are the pros and cons of using these models? 12. Distinguish between mergers, acquisitions, and takeovers. Be prepared to apply each. 13. What are the approaches and guidelines used to examine if a merger or acquisition might face antitrust concerns (performance, entry, efficiency, etc.)