Refers to divestiture, spin-off, or some other means of eliminating businesses that are unrelated to a firm’s core businesses

When two or more firms negotiate directly to jointly agree about the amount to produce as well as the prices for what is produced (illegal in many economies unless sanctioned by government policies).

International corporate level strategy where the firm seeks to achieve both global efficiency and responsiveness.

Which is NOT one of the steps that firms use to create financial economies and value through restructuring of assets:

Cost savings a firm creates by successfully sharing resources and capabilities or transferring one or more corporate-level core competencies that were developed in one of its businesses to another of its businesses

The highest level of diversification is:

A form of business organization in which a firm that already has a successful product or service licenses its trademark and method of doing business to other businesses in exchange for an initial franchise fee and an ongoing royalty rate.

Business-level cooperative strategy used to avoid excessive competition while the firm marshals its resources to improve its strategic competitiveness.

The size of the firm, the quality of the resources it uses to compete, and its share of the market(s) in which it competes determines its:

A strategy through which a firm expands the sales of its goods or services across the borders of global regions and countries into a potentially large number of geographic locations or markets.