Journal entry 6
February 25, 2021
February 25, 2021

Answer Questions

Answer the following questions: (Minimum 250 words per answer)

1. Although objectives, functional tactics, and action items are included in many implementation plans, why do some organizations have a difficult time reflecting the plan they create?

2. What problems have you experienced or expect to when creating your implementation plan?

Answer the following questions: (Minimum 150 words per answer)

3. From your experience, where do risk management plans fall short? (Team)

4. Identify three basic benefits firms achieve by successfully implementing an international strategy. (Chapter 8)

5. Explain the five modes firms use to enter international markets. (Chapter 8)

6. Explain two important issues firms should have knowledge about when using international strategies. (Chapter 8)

7. Define organizational structure and controls and discuss the difference between strategic and financial controls. (Chapter 11)

8. Explain the use of three versions of the multidivisional (M-form) structure to implement different diversification strategies. (Chapter 11)

9. Define strategic networks and discuss how strategic center firms implement such networks at the business, corporate, and international levels. (Chapter 11)


Hitt, M.A., Ireland, R.D., & Hoskisson, R.E. (2015). Strategic management: Competitiveness and globalization (11th ed). Stamford, CT: Cengage.

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