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An organization’s __________ is composed of the key individuals who are responsible for selecting and implementing the firm’s strategies.

In a large number of family-owned firms, ownership and managerial control are not separated

3M’s Cubitron II, described as “an industrial abrasive that cuts faster, lasts longer, sharpens itself, and requires less elbow grease than any other abrasive on the market,” is an example of a(n):

Value creation through internal innovation originates with:

Firms seeking to compete on the basis of cost leadership particularly tend to focus on the __________ and __________ functions.

The center firm in a strategic network of vertical relationships might be expected to undertake all of the following EXCEPT:

WayWard Products has a deliberate strategy to encourage internal innovations. It has established processes to support autonomous strategic behavior as well as induced strategic behavior. WayWard Products is involved in:

__________ is an important influence in Japanese corporate governance structures.

The dimensions on which functional departments can vary include all of the following EXCEPT __________ orientation.

For which of the following reasons have large pharmaceutical companies been forming alliances with biotechnology companies?