Discuss some examples from business practice in which an executive’s actions appear to be in his or her self-interest rather than the corporation’s well-being.
Answer to relevant QuestionsDiscuss some of the challenges that managers must overcome in making strategic alliances successful. What are some strategic alliances with which you are familiar? Were they successful or not? Explain. What are the four factors described in Porter’s diamond of national advantage? How do the four factors explain why some industries in a given country are more successful than others? The Internet has lowered the entry barriers for smaller firms that wish to diversify into international markets. Why is this so? Provide an example. Briefly describe the three types of entrepreneurial entry strategies: pioneering, imitative, and adaptive. Why effective strategic control systems are so important in today’s economy?
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