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Unformatted text preview: organization. The mission statement should guide the actions of the organization, spell out its overall goal, provide a sense of direction, and guide decision-making. 8. Experience Curve Effects the decrease in unit cost as volume of production rises. This happens as firms become more efficient 9. Strategy and Environmental Fit strategies must fit the environment in which it is putting into play. If these things dont fit a firm cannot be competitive 10. How does the standardization of production and convergence of markets fit with a globalization strategy? When markets converge on the same needs they rationalize their VACs thus spreading fixed cost over many standardized units of production....
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- Fall '07