Content Exam #$2-$ Study Tips

Here is a list of topics that would be helpful to study for your second exam:

Reasons to compete internationally

Home country advantages; location based advantages

How to $$go international$$

Concerns$/$when each approach makes sense

International strategic approaches

Product market expansion grid

Strategic fit

Corporate venturing

What$$s included in a diversified strategy

Test of corporate advantage

Each test that comprises test of corporate advantage

Keys to shareholder value in diversifying into unrelated businesses

Potential disadvantages of diversifying into unrelated businesses

Major ethical schools of thought

Triple bottom line

Sustainable business practices

Costs of business ethics failures

Business and moral case for business ethics

Principle components of strategy execution

How a company can ensure needed capabilities

Capable management team

Types of organizational structure

Centralized vs$.$ decentralized businesses

Employee process management $($Business process reengineering, total quality management, six sigma quality control programs$)$

Motivational reward system

Key features of corporate culture

MBWA, corrective pressure and corrective actions

$$

$$

Short answer question topics:

Principle components $($key requirements$)$ of effective strategy execution

Corporate culture and strategy