(Answered)-For a firm to be considered a 'global business', they must be - (2025 Updated Original AI-Free Solution

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Academic Level: Undergrad. (yrs 3-4)

Paper Format: APA

Pages: 5 Words: 1375

Question


For a firm to be considered a ?global business', they must be involved in Foreign Direct Investment (FDI) with owned operating assets located in at least one foreign market.
TRUE/FALSE

In this course, we defined a model of strategic alignment that covered four main phases of research and analysis. Each phase must be completed before we can start to assess a firm's strategic alignment and formulate a recommended change. These phases cover which of the following four component areas?
?A.?Drivers of change, key success factors, VRIO capabilities, and monetizing
?B.?VRIO, STEEP, Five Forces, and evaluating alternatives
?C.?Performance, strategy, resources and capabilities, and the external environment
?D.?Symptoms, causes, misalignments, and implications

Generally speaking, a patent gives an inventor the legal rights to their idea for a new product. A patent then is an indicator of which of the following?

?A.?Innovation activity
?B.?Strategic alignment
?C.?Dynamic capabilities
?D.?Invention activity



Undesirable findings in the performance assessment phase of analyzing a firm define the problems we solve in our change agenda.
?A. True
?B. False

When university laboratories discover and invent things such as new materials or chemical compounds, they are excelling at product innovation.
?A. True
?B. False