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The Renault Nissan alliance is an example of a __________ in that the firms seek to create economies of scope by sharing their resources and capabilities to develop manufacturing platforms that can be used to produce cars that will be either a Renault or a Nissan.

Which of the following is NOT a factor pressuring companies for local responsiveness?

Market power is derived primarily from the:

A firm may narrow its focus to a specific region of the world:

A multidomestic corporate-level strategy is one in which:

Multinational firms have many opportunities to learn from their experiences in international markets, but they must have a strong R&D system to absorb the knowledge

A(n) __________ occurs when one firm buys a controlling, or 100 percent interest, in another firm.

All of the following are reasons why firms use international strategic alliances EXCEPT:

Bunyan Heavy Equipment, a U.S. firm, is investigating expanding into Russia using a greenfield venture. The committee researching this project has delivered a negative report. The main concern of the committee is probably:

The training of future strategic leaders yields a competitive advantage for a firm, in part because knowledge and skills are necessary for successful execution of strategy