Ch12

Edit Answers
12345678910111213141516171819202122232425
Across
  1. 2. the device used to reward appropriate managerial behavior
  2. 4. employees of the organization the strat used to recruit, compensate and retain those individuals and the type of people that they are in terms of their skills, values and orientation
  3. 9. Strat focuses primarily on lowering productions cost
  4. 10. formal division of the organization into subunits such as production division, its location of decision making responsibilities and establishment of integrating mechanisms
  5. 12. lower cost whole selling, creating value by transferring core competencies to foreign markets where indigenous competitors lack those competencies
  6. 15. giving up current strategy
  7. 16. formal organization structure, culture, process and people
  8. 21. standardize procedure, firm focuses on increasing profitability and profit growth by reaping the cost reductions that come from economies of scale, learning effects, and location economies
  9. 22. Strat focuses primarily on increasing the attractiveness of a product
  10. 24. design, creation, and delivery of the product
  11. 25. manner in which decisions are made and work is performed
Down
  1. 1. increasing profitability by customizing the firms foods and services so that they provide a good match to tastes and preferences in different national markets
  2. 3. systematic production cost reductions that occur over the life of a product
  3. 5. already have knowledge of economy and have the capital, cheaper
  4. 6. the metrics used to measure the performance of subunits and make judgment about how well managers are running those subunits
  5. 7. the returns from such a strategy are likely to be greater if indigenous competitors In the nations that a company enters lack comparable products
  6. 8. values and norms shared among
  7. 11. cost advantages associated with large scale production
  8. 13. Firm skills that competitors cannot easily match or imitate
  9. 14. attempt to achieve low cost through location economies, economies of scale and learning effects while also differentiating product offerings across geographic markets to account for local difference
  10. 17. Actions managers take to attain the firms goal
  11. 18. inputs that allow primary activities to occur
  12. 19. cost advantages from performing a value creation activity at the optimal location for that activity
  13. 20. operations of the firm must be configured in a way that supports the strategy of the firm
  14. 23. cost savings from learning by doing