Webster University
Fall 1, 2016 (Belvoir)
Name: ______________________
Due October 8, 2016
BUSN 6200
Final Exam (Chapters 7 – 13)
Please answer 7 of the following 26 questions as thoroughly as you can, and ensure you
answer 1 from each chapter.
Provide examples with your responses, and incorporate all previous graduate-level
academic work in your responses.
Chapter 7
1. How have changing conditions in the external environment influenced the type of M
& A activity firms pursue?
2.
How difficult is it for merger and acquisition strategies to create value and which
firms benefit the most from M & A activity?
3.
Identify and explain the seven reasons firms engage in an acquisition strategy.
Chapter 8
1. What are the incentives for firms to use international strategies? What are the three
basic benefits firms can derive by moving into international markets?
2.
What are the three basic benefits of international strategies?
3.
Discuss the three international corporate-level strategies. On what factors are these
strategies based?
4.
Identify and describe the modes of entering international markets. What are their
advantages and disadvantages?
Chapter 9
1. Identify and define the different types of strategic alliances.
2.
Explain the rationales for a cooperative strategy under each of the three types of
basic market situations (i.e., slow, standard, and fast cycles).
3.
Identify the four types of business-level cooperative strategies and the advantages
and disadvantages of each.
4.
Identify the three types of corporate-level cooperative strategies.
Chapter 10
1. What is corporate governance and how is it used to monitor and control managers’
decisions?
2.
Discuss the effect of the separation of ownership and control in the modern
corporation.
3.
Define the agency relationship and managerial opportunism and discuss their
strategic implications.
4.
Define the three internal corporate governance mechanisms and how they may be
used to control and monitor managerial decisions.
Chapter 11
1. Discuss the difference between strategic and financial controls.
2.
Describe the three major types of organizational structure and their appropriate use.
3.
Discuss the organizational structures used to implement the different business-level
strategies.
4.
Define the three major dimensions of organizational structure: specialization,
centralization, and formalization. How do these dimensions vary in organizations
implementing the cost-leadership, differentiation, and the costleadership/differentiation strategies?
Chapter 12
1.
What is strategic leadership, who has primary responsibility for strategic
leadership, and what are the five key strategic leadership actions?
2.
What is a top management team, and how does it affect a firm’s performance and
its abilities to innovate and design and implement effective strategic changes?
3.
Discuss how the managerial succession process and the composition of the top
management team interact to affect strategy.
4.
Define human capital and its importance to the firm’s success.
Chapter 13
1.
Define the three types of innovative activity. Which is the most critical activity for
U.S. firms?
2.
What is the importance of international entrepreneurship?
3.
Describe the three strategic approaches used to produce and manage innovation:
internal corporate venturing, cooperative strategies, and acquisitions.
DUE October 8, 2016
