Corporate strategy in which a firm in several different countries.
Stand-alone organization created and jointly owned by two or more parent companies.
A company that combines two or more strategic business units under one overarching corporation.
Situation in which an agent performing activities on behalf of a principal pursues his or her own interests.
A way of orchestrating value activities in which a firm is backwardly integrated but also relies on outside-market firms for some supplies.
Stock price of the related diversification firms is valued at greater than the sum of their individual business units.
Decision and actions it takes to gain and sustain competitive advantage. Made by senior management.
A theoretical framework to explain and predict the boundaries of the firm.
Transformation of RM into FG and services along distinct vertical stages.
Voluntary arrangements between firms that involve the sharing of knowledge, resources, and capabilities with the intent of developing processes, products, or services.
When an agent performing activities on behalf of a principal pursues his or her own interests.
Orchestrating value chain activities in which a firm is backwardly integrated but also relies on outside-market firms.
Analyzes possible combinations of existing/new core competencies and existing/new markets.
Down
A form of long term contracting in the manufacturing sector that enables firms to commercialize IP.
Changes in an industry value chain that involve moving ownership of activities upstream.
Corporate planning tool where the corporation is viewed as a portfolio of business units.
Long term contract in which a franchisor grants a franchisee the right to use the franchisor's trademark and business processes.
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