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QUESTION 1 Identify and discuss the three building blocks of organizational structure.  QUESTION 2 What is the relationship between a company’s corporate-level strategy and its business model? QUESTION 3 Describe the advantages and disadvantages of being a first mover in a high-tech industry. What are the advantages and disadvantages of being a follower? In your opinion, which strategy is preferable, and why?

QUESTION 1

  1. Identify and discuss the three building blocks of organizational structure.

QUESTION 2

  1. What is the relationship between a company’s corporate-level strategy and its business model?

QUESTION 3

  1. Describe the advantages and disadvantages of being a first mover in a high-tech industry. What are the advantages and disadvantages of being a follower? In your opinion, which strategy is preferable, and why?

QUESTION 4

  1. Consider the case of a manufacturing firm that purchasessubassemblies from a supplier, creates a finished product, and then sells that product to a wholesale distributor. What advantages might this firm gain from forward integration? From backward integration? What potential pitfalls of vertical integration might the firm face?

QUESTION 5

  1. Give an example of an industry that has recently undergone a technological paradigm shift. What impact did the shift have on established companiesand on new entrants to the industry?

QUESTION 6

  1. Explain the principles of agency theory, including the issues it addresses. What are some effective ways to deal with agency problems, as implied or stated by agency theory?

QUESTION 7

  1. List and describe each of the four basic global strategies.

QUESTION 8

  1. Whirlpool, a leading U.S. maker of household appliances, has a wholly owned subsidiary that is responsible for research and development (R&D), manufacturing, and sales in over two dozen European countries, from Norway to Greece. What are some of the potential advantages that Whirlpool may gain from its use of a wholly owned subsidiary for global expansion? What are some of the potential disadvantages?

QUESTION 9

  1. Describe the difference between Shareholders and Stakeholders perspectives when it comes to the corporation. Give three examples of a lapse in ethics which may have been avoided by an emphasis on the stakeholders.

QUESTION 10

  1. What is organizational culture and why is it so important to the firm?

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