Author: Anonymous

The three internal corporate governance mechanisms are ownership concentration, board of directors, and the market for corporate control

An organization engaging in strategic entrepreneurship focuses on identifying opportunities that it can exploit through innovations

The market for corporate control is composed of individuals and firms that buy ownership positions in or purchase all of potentially undervalued corporations typically for the purpose of forming new divisions in established companies or merging two previously separate firms

The Dodd-Frank Wall Street Reform and Consumer Protection Act is the most sweeping set of financial and regulatory reforms in the United States since the Great Depression

Political activity that is centered on the allocation of resources to the different functions may limit the effective use of cross-functional teams

Centralized and formalized procedures allow for greater flexibility, an important factor for firms using a cost leadership strategy

Scandals at companies such as Enron, WorldCom, and HealthSouth illustrate the negative effects of poor ethical behavior on a firm’s efforts to satisfy stakeholders

AbieTech developed a new process for manufacturing its components. EfGee Manufacturing and HiGear quickly adopted a similar process. EfGee and HiGear were involved in invention

Omicron Artificial Intelligence is able to respond quickly to competitors’ actions and to opportunities in the marketplace, which gives it a competitive advantage. This is an example of:

MirGold uses a related constrained strategy in order to share resources and activities across its many businesses. The multidivisional structure form that is best suited for MirGold is the cooperative form