These businesses have dissimilar value chains and resource requirements
What are unrelated businesses
100
Firm's strategy whose competitive advantage is lower overall costs than competitors
What is a low-cost leader
100
This law requires firms to have a code of ethics or else explain in writing to the SEC why they do not
What is the Sarbanes-Oxley act
100
This organizational structure organizes strategy-critical activities into functional, product, geographic, process, or customer groups
What is a functional (or department) structure
100
The beliefs about the firm and its environment that form the basis of all strategic decisions by firm management
What are Critical Assumptions
200
This business unit generates operating cash flows that are too small to fully fund its operations and growth
What is a cash hog
200
The essence of this strategy is to offer unique product or service attributes that a wide range of buyers find appealing and worth paying for
What is a broad differentiation strategy
200
According to this school of ethics, the same standards of what is ethical and unethical resonates with peoples of all societies.
What is ethical universalism
200
This is a potent tool for learning which firms are best at performing particular activities and then using their techniques to improve the firm's own internal activities
What is benchmarking
300
This function allows a diversified company to add value by shifting capital from business units with free cashflow to those needing additional capital
What is an internal capital market
300
This strategy is a think global, act local approach to strategy making in different countries
What is a transnational strategy
300
This involves deliberate actions to protect the environment, provide for longevity of natural resources, and in general safeguard the planet
What is Environmental sustainability
300
These are competitive things that most affect every industry member's ability to prosper