Types of strategies

Edit Answers
123456789101112131415
Across
  1. 2. a company develops new products and services, or enters new markets, beyond its existing ones
  2. 4. an integrated set of actions taken to produce goods or services with features that are acceptable to customers at the lowest cost, relative to that of competitors
  3. 5. a strategy in which a firm’s home office determines the strategies that business units are to use in each country or region
  4. 8. a strategy through which two firms agree to integrate their operations on a relatively coequal basis.
  5. 9. an alliance in which two or more firms develop a contractual relationship to share some of their resources to create a competitive advantage
  6. 13. a strategy through which the firm seeks to achieve both global efficiency and local responsiveness
  7. 14. a strategy in which strategic and operating decisions are decentralized to the strategic business units in individual countries or regions for the purpose of allowing each unit the opportunity to tailor products to the local market
  8. 15. a situation when two or more firms create a legally independent company to share some of their resources to create a competitive advantage
Down
  1. 1. an integrated set of actions taken to produce goods or services (at an acceptable cost) that customers perceive as being different in ways that are important to them
  2. 3. a strategy in which firms combine some of their resources to create a competitive advantage
  3. 6. a strategy through which one firm buys a controlling, or 100 percent, interest in another firm with the intent of making the bought firm a subsidiary business within its portfolio
  4. 7. involves engaging in primary value-chain activities and support functions that allow a firm to simultaneously pursue low cost and differentiation
  5. 10. an integrated set of actions taken to produce goods or services that serve the needs of a particular competitive segment
  6. 11. an alliance in which two or more firms own different percentages of a company that they have formed by combining some of their resources to create a competitive advantage
  7. 12. a special type of acquisition where the target firm does not solicit the acquiring firm’s bid