Global Strategy and Strategic Management
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Global Strategy and Strategic Management

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Questions and Answers

Which one of the following is NOT a perspective of strategy mentioned in the text?


What is the traditional approach to global strategy mentioned in the text?

Treating different countries as one worldwide market

What is the purpose of replication in strategic management?

To test theory under different conditions

What is the definition of strategic management mentioned in the text?

<p>Managing the form from a strategic, big picture perspective</p> Signup and view all the answers

What does the term 'external opportunities (O)' refer to in the context of global strategy?

<p>Opportunities outside the organization</p> Signup and view all the answers

Study Notes

Perspectives of Strategy

  • Four perspectives of strategy mentioned in the text: institutional, resource-based, industry organization, and multinational

Traditional Approach to Global Strategy

  • Traditional approach involves standardizing products and advertising globally

Replication in Strategic Management

  • Replication is used to transfer a successful business model or strategy to a new market or country

Definition of Strategic Management

  • Strategic management refers to a continuous process of analyzing, deciding, implementing, and controlling actions to achieve organizational goals and objectives

External Opportunities (O)

  • External opportunities (O) refer to opportunities arising from the external environment that an organization can leverage to achieve its goals

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Quiz Team


Test your knowledge of global strategy and strategic management with this quiz! Learn about external opportunities and threats in the global environment, as well as the theory behind successful competitive strategies. Explore the concept of global strategy and its importance in today's interconnected world.

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