GB Peng Ch 4

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Across
  1. 6. a process of market competition through which unique products that command high prices and high margins gradually lose their ability to do so, thus becoming commodities
  2. 7. moving formally offshored activities back ot the home country of the focal firm
  3. 8. the tangible and intangible assets a firm uses to choose and implement its strategies
Down
  1. 1. a series of activities used in t he production of goods and services that make a product or service more valuable (two words)
  2. 2. outsourcing to an international firm
  3. 3. oursourcing to a domestic firm
  4. 4. setting up subsidiaries abroad so that the work is done in-house but the location is foreign
  5. 5. turning over an activity to an outside supplier that will perform it on behalf of the focal firm