Question 1

The globalization of production has been decreasing as companies have been facing lower barriers to international trade and location economies.

Accepted Answer

A) True 
 B)False

Question 2

A company may create value if it can leverage the competencies created within subsidiaries and apply them to other operations within the firm's global network.

Accepted Answer

A) True 
 B)False

Question 3

Identify and discuss the general ways in which companies can increase their profitability and profit growth through global expansion.

Accepted Answer

Companies can increase their profitabili

Question 4

Aries Travels is a company that offers holiday and travel packages.The company realizes that customer preferences vary and thus extensively customizes its packages.As there are not many competitors in the market in which Aries Travels operates,there are minimal pressures to reduce costs.Aries Travels is most likely to have adopted a _____ strategy.

Accepted Answer

A) global standardization 
B) international 
C) localization 
D) transnational 
E) harvest 
A) global standardization 
B) international 
C) localization 
D) transnational 
E) harvest

Question 5

Which of the following statements is true in the context of attributes of national competitive advantage?

Accepted Answer

A) Factor endowments do not encompass aspects such as managerial sophistication. 
B) Companies are typically least sensitive to the needs of their closest customers. 
C) The benefits of investments in advanced factors of production by related and supporting industries are confined to those industries. 
D) Domestic rivalry creates pressures to increase costs and avoid investing in upgrading advanced factors. 
E) The nature of home demand shapes the attributes of domestically made products . 
A) Factor endowments do not encompass aspects such as managerial sophistication. 
B) Companies are typically least sensitive to the needs of their closest customers. 
C) The benefits of investments in advanced factors of production by related and supporting industries are confined to those industries. 
D) Domestic rivalry creates pressures to increase costs and avoid investing in upgrading advanced factors. 
E) The nature of home demand shapes the attributes of domestically made products .

Question 6

A company,Pluto Inc.,employs the franchising strategy to enter a new national market.Which of the following statements is more likely to be true of Pluto?

Accepted Answer

A) It is more likely to be a service company. 
B) It is more likely to have a greater control over the quality the products manufactured in the foreign country. 
C) It is less likely to impose strict rules regarding how a franchisee does business. 
D) It is less likely to receive royalty payment from the franchisee. 
E) It is more likely to bear the development costs associated with opening a foreign market on its own. 
A) It is more likely to be a service company. 
B) It is more likely to have a greater control over the quality the products manufactured in the foreign country. 
C) It is less likely to impose strict rules regarding how a franchisee does business. 
D) It is less likely to receive royalty payment from the franchisee. 
E) It is more likely to bear the development costs associated with opening a foreign market on its own.

Question 7

Which of the following is an advantage of franchising?

Accepted Answer

A) It ensures tight control over quality. 
B) It enables companies to engage in global strategic coordination. 
C) It involves low development costs and risks. 
D) It enables the company to collect all the profits made by the franchisees. 
E) It frees companies from the task of monitoring and assisting operations at franchisees. 
A) It ensures tight control over quality. 
B) It enables companies to engage in global strategic coordination. 
C) It involves low development costs and risks. 
D) It enables the company to collect all the profits made by the franchisees. 
E) It frees companies from the task of monitoring and assisting operations at franchisees.

The globalization of production has been decreasing as companies have been facing lower barriers to international trade and location economies.

A company may create value if it can leverage the competencies created within subsidiaries and apply them to other operations within the firm's global network.

Identify and discuss the general ways in which companies can increase their profitability and profit growth through global expansion.

Which of the following statements is true in the context of attributes of national competitive advantage?

A company,Pluto Inc.,employs the franchising strategy to enter a new national market.Which of the following statements is more likely to be true of Pluto?

Which of the following is an advantage of franchising?

Strategic Leadership: Managing the Strategy Making Process for Competitive Advantage

External Analysis: The Identification of Opportunities and Threats

Internal Analysis: Resources and Competitive Advantage

Building Competitive Advantage Through Functional Level Strategies

Business Level Strategy

Business Level Strategy and the Industry Environment

Strategy and Technology

Corporate-Level Strategy: Horizontal Integration, Vertical Integration, and Strategic Outsourcing

Corporate Level Strategy: Related and Unrelated Diversification

Corporate Performance, Governance, and Business Ethics

Implementing Strategy Through Organization

Filters

Exam 8: Strategy in the Global Environment

The globalization of production has been decreasing as companies have been facing lower barriers to international trade and location economies.

A company may create value if it can leverage the competencies created within subsidiaries and apply them to other operations within the firm's global network.

Identify and discuss the general ways in which companies can increase their profitability and profit growth through global expansion.

Which of the following statements is true in the context of attributes of national competitive advantage?

A company,Pluto Inc.,employs the franchising strategy to enter a new national market.Which of the following statements is more likely to be true of Pluto?

Which of the following is an advantage of franchising?

Strategic Leadership: Managing the Strategy Making Process for Competitive Advantage

External Analysis: The Identification of Opportunities and Threats

Internal Analysis: Resources and Competitive Advantage

Building Competitive Advantage Through Functional Level Strategies

Business Level Strategy

Business Level Strategy and the Industry Environment

Strategy and Technology

Corporate-Level Strategy: Horizontal Integration, Vertical Integration, and Strategic Outsourcing

Corporate Level Strategy: Related and Unrelated Diversification

Corporate Performance, Governance, and Business Ethics

Implementing Strategy Through Organization

Filters