Business Strategy, Internationalization, and Critical Thinking

The Strategy Concept - 5 Ps

1. For McDonald's, the egg comes first. False
2. Honda did not go after the biggest market. True
3. Mintzberg's five P's are all true definitions of strategy. True
4. Raises intriguing questions about intention: Perspective
5. Not one of Mintzberg's 5 P's: Perception
6. An ingrained way of perceiving the world: Perspective
7. Consistency in behavior: Pattern
8. Some sort of consciously intended course of action: Plan
9. Really just a specific maneuver: Ploy
10. A product or market: Position
11. The most difficult to change: Perspective
12. The most powerful: Perspective
13. Focused on direct competition: Ploy
14. The achievement of consistency: Pattern
15. Encourages us to look at the survival of the fittest: Position
16. How leaders try to establish direction for their organizations: Plan

The Internationalization Process

33. Exporting: Outward
34. Importing: Inward
35. Acting as a licensor (giving a license): Outward
36. Establishing a joint venture inside the country: Inward
37. Establishing or acquiring a subsidiary outside the country: Outward
38. Establishing a joint venture outside the country: Outward
39. Acting as a licensee (receiving a license): Inward
40. A non-equity position: Licensing
41. Wholly owned, new business: Greenfield
42. Wholly owned, existing business: Acquisition
43. Partially owned, new business: Joint Venture
44. Partially owned, existing business: Capital Participation
45. Active exporting, licensing, and joint venture: Stage 3
46. Active exporting and/or licensing: Stage 2
47. Full-scale multinational operations: Stage 4
48. Indirect/ad hoc exporting: Stage 1

Paradigms of Critical Systems Thinking

49. Doing something just because you love it is: Non-rational
50. Concerned with what exists in the world: Ontology
51. General instruction for a way of doing something: Methodology
52. Belief that the world is "out there": Objective
53. Belief that the only world is the one in your mind: Subjective
54. Values, concerns, conventions, and assumptions: Epistemology
55. This paradigm exposes us to our limitations: Postmodern-Poststructural
56. This paradigm takes care to point out that each person has a unique perspective: Interpretivist
57. The world of modern science: Positivist/Structural-Functionalist
58. Holds to an ethical commitment to emancipation: Critical-Emancipatory
59. Reality is too complex to be fully understood: Postmodern-Poststructural
60. This paradigm is concerned with and cares for the individual: Interpretivist
61. Socially, we are born into a pre-existing system: Positivist/Structural-Functionalist
62. Focused attention to issues of power and trust: Critical-Emancipatory

Surviving Process

• We are running 21st-century organizations with 19th-century processes. True
• Things that start out the same often end up different. False
• Every time history repeats itself, the price goes up. False

The Most Powerful Man

• The real approval rating of Putin is around: 80%
• The percentage of criticism of Putin in Russian media is around: 0%
• Putin's first, most significant act was to pardon Yeltsin and his family: The murder of his father
• Putin has an extraordinary sense of victory. False
• According to Putin, the breakup of the Soviet Union was a good thing. False
• Vladimir Putin is probably the richest man in the world, worth over $200 billion. True
• The thing that has stayed with Putin since his childhood is: The fear of popular uprising
• Putin deals with the thing that has stayed with him with: Absolute control
• Boris Yeltsin, Russia's second capitalist president, was: A corrupt alcoholic
• Putin was chosen to be the president of Russia: Not to imprison Yeltsin
• U.S. Intelligence concluded that Putin personally ordered the hacking of the DNC. True
• Putin does not deny that he was behind WikiLeaks' release of the DNC emails. False