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Across
  1. 3. By expanding globally firms can disperse value chain activities to efficient locations and also serve a larger market, thus obtaining both location and scale ________
  2. 4. With markets and industries becoming global in scope, business managers must understand the threat from both domestic and foreign ___________
  3. 7. In the past fifty years, ________ to international trade and investment have dramatically tumbled
  4. 11. This is everything in real estate, but also a big deal in international investment!
  5. 12. A strategy that takes into account harmonization of customer preferences, regulations, trade policies across two or more nations (not global or national, but ________ )
  6. 13. A company that does business in two or more national markets
  7. 14. This strategy is consistent with a decentralized organization and considerable foreign subsidiary autonomy
  8. 15. All joint ventures are _________ but not all _________ are joint ventures!
  9. 16. The place or office which serves as the global or regional management and administrative center for a multinational organization
  10. 19. High costs of transportation can make this mode of foreign entry uneconomical
  11. 20. Selecting the right _______ is critical to the success of both strategic alliances and marriages!
Down
  1. 1. A firm adopts a locally __________ strategy, when it varies its product/service from country to country, to accommodate factors such as consumer preferences and regulations
  2. 2. According to Porter, a company's ____ country may have an important bearing on its competitive position in the global marketplace
  3. 5. A strategy that aims to simultaneously achieve standardization and differentiation across geographic markets
  4. 6. This phenomenon, driven by modern communication and transportation technologies has contributed to massive global markets for standardized consumer products
  5. 8. When a firm takes control of its foreign operations (also one of the dimensions of Dunning's OLI framework)
  6. 9. A colorless crystalline form of pure carbon (also the name of Porter's framework for national competitive advantage)
  7. 10. These can be created anywhere within a multinational's global network of operations, wherever its employees have the opportunity and incentive to attempt innovation
  8. 17. A foreign affiliate of a multinational firm
  9. 18. An attractive foreign entry mode option for companies that lack capital, and are willing to let other companies produce and sell their products in exchange for royalties