Questions and Answers of Strategic Management

How can you develop the skills needed to succeed as an international leader? Researchers have developed a personal strategy for building a global mind-set that will facilitate success as an effective
Professor Pankaj Ghemawat delivered a TED talk titled “Actually, the World Isn’t Flat.” Do you agree with his assessment that the world is at most semi-globalized, and that we need to be
The chapter notes that global strategy can change over time for a firm. MTV is highlighted as one example in Exhibit 10.8. Conduct a web search of a firm you know to be operating internationally and
In this exercise, we want to apply the four types of global strategy. Imagine your group works for Clif Bar (www.clifbar.com). Founded in 1992, the firm makes nutritious, all-natural food and drinks
As noted in the chapter, firms can have very distinctive cultures. Recall that Zappos has a standing offer to pay any new hire one month’s salary to quit the company after orientation. Zappos makes
Your classmates are a group of friends who have decided to open a small retail shop. The team is torn between two storefront ideas. The first idea is to open a high-end antique store selling
The chapter describes Daniel Pink’s ROWE theory of motivation, in which he argued that the most powerful motivation occurs when there is an interest in the work and the work itself has meaning.
Uber is a highly valued “unicorn,” with a high disregard for regulations and other external factors that would slow its growth as discussed in this chapter. Other competing firms are taking a
The MBA oath (shown in Exhibit 12.4) says in part, “My decisions affect the well-being of individuals inside and outside my enterprise, today and tomorrow.” One example of a large firm
Generation Y (born between 1980 and 2001) is entering the work force and advancing their careers now, as the baby boomers begin to retire in large numbers. Given the smaller size of Gen Y compared to
As noted in the chapter, the average compensation for a CEO of an S&P 500 company in 2017 was $11 million, and CEO pay was 300 times the average worker pay. This contrasts with historic values of

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