__________ is when a firm's corporate office helps subsidiaries make wise choices

in their own acquisitions, divestures, and new ventures. *

1 point

Parenting
Increasing market power
Leveraging core competencies
Restructuring

Which of the following is not one of the ways the Internet is lowering transaction
costs? *
1 point

evaluating employee performance

reducing business travel
eliminating supply chain intermediaries
minimizing office expenses

Which of the following is not a key element of a blue ocean strategy? *

1 point

Create new demand in uncharted territory.

Make the competition irrelevant.
Pursue low cost and differentiation advantages simultaneously.
Highlight incremental improvements to capture market share.

As markets mature, *
1 point

costs continue to increase.

there is increasing emphasis on efficiency.
application for patents increase.
differentiation opportunities increase.

According to Michael Porter, firms that have experienced intense domestic

competition are *
1 point

most likely to design strategies aimed primarily at the domestic market.

more likely to design strategies and structures that allow them to successfully compete
abroad.
unlikely to have the time or resources to compete abroad.
more likely to demand protection from their governments.

Philip Morris bought Miller Brewing and used its marketing expertise to improve
Miller's market share. This justification for diversification is best described as *
1 point

reducing corporate risk.

capitalizing on core competencies.
utilizing common infrastructures.
using portfolio analysis.