The Technological Learning Gained from Varied International Environments

question 47

Multiple Choice

The technological learning gained from varied international environments:

• A)Enhances efforts to integrate knowledge throughout a firm
• B)Shows a fall in venture performance
• C)Leads to minimal diversity of national environments
• D)Has no effect on cross-functional teams

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Definitions:

Generic Business Strategies

Broad marketing approaches or plans that businesses can use to attain competitive advantage, typically classified into cost leadership, differentiation, and focus strategies.

Four Actions Grid

A strategic tool used in blue ocean strategy to redefine the value proposition by determining what to eliminate, reduce, raise, and create.

Blue Ocean Strategy

A business strategy that focuses on creating a new market space (or "Blue Ocean") that is uncontested and makes competition irrelevant.

Four Actions Grid

A strategic tool used in the Blue Ocean Strategy framework that helps businesses to determine new opportunities by asking four questions: What to eliminate, reduce, raise, and create.