Answer the following Questions :
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 4 : Consider the case of a manufacturing firm that purchases subassemblies 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 : Give an example of an industry that has recently undergone a technological paradigm shift. What impact did the shift have on established companies and on new entrants to the industry?
QUESTION 6 : 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 : List and describe each of the four basic global strategies.
QUESTION 8 : 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 : 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 : What is organizational culture and why is it so important to the firm?