Question 1

During the 1990s there was an increase in both global trade and opposition to global trade.

Accepted Answer

A) True 
 B)False  True

Question 2

​Global strategy has,in the past,been primarily focused on markets that consist of those people who are in the bottom tier of the global economic pyramid.

Accepted Answer

A) True 
 B)False  False

Question 3

​The more traditional meaning of global strategy is any strategy outside one's home country.

Accepted Answer

A) True 
 B)False  True

Question 4

The current era of globalization originated in the aftermath of:

Accepted Answer

A)  World War I. 
B)  World War II. 
C)  The Vietnam Conflict. 
D)  The Gulf War. 
A)  World War I. 
B)  World War II. 
C)  The Vietnam Conflict. 
D)  The Gulf War.

Question 5

The opening case is an example of how global companies hire employees locally and then train employees to work in other countries.

Accepted Answer

A) True 
 B)False

Question 6

BRIC refers to:

Accepted Answer

A)  Brazil,Russia,India,and China. 
B)  Bolivia,Romania,Indonesia,and Columbia. 
C)  Bulgaria,Belgium,Romania,Italy,and Canada. 
D)  Bahrain,Russia,Iran,and China. 
A)  Brazil,Russia,India,and China. 
B)  Bolivia,Romania,Indonesia,and Columbia. 
C)  Bulgaria,Belgium,Romania,Italy,and Canada. 
D)  Bahrain,Russia,Iran,and China.

Question 7

​China in the 1970s is an example of an emerging economy.

Accepted Answer

A) True 
 B)False

Question 8

Multinational enterprises (MNEs)are firms that:

Accepted Answer

A)  Engage in foreign direct investment (FDI). 
B)  Delegate control of value-adding activities in other countries. 
C)  Standardize strategies across all business units. 
D)  None of the above. 
A)  Engage in foreign direct investment (FDI). 
B)  Delegate control of value-adding activities in other countries. 
C)  Standardize strategies across all business units. 
D)  None of the above.

Question 9

​Describe the way in which a firm might use a balanced scorecard.

Accepted Answer

There are many possible ways to answer t

Question 10

​The values and beliefs about globalization held by the general public are:

Accepted Answer

A)  ​Nearly identical to those held by executives,policymakers,and scholars. 
B)  ​Nearly identical to those held by current business school students,but different from those of executives,policymakers,and scholars. 
C)  ​Much more positive than those held by executives,policymakers,and scholars. 
D)  ​More negative than those held by current business school students. 
A)  ​Nearly identical to those held by executives,policymakers,and scholars. 
B)  ​Nearly identical to those held by current business school students,but different from those of executives,policymakers,and scholars. 
C)  ​Much more positive than those held by executives,policymakers,and scholars. 
D)  ​More negative than those held by current business school students.

Question 11

A SWOT analysis resonates well with Sun Tzu's teachings.

Accepted Answer

A) True 
 B)False

Question 12

Within Samsung's Global Strategy Group,Korean colleagues have had to change their work styles to accommodate Westernized practices.

Accepted Answer

A) True 
 B)False

Question 13

​The school of thought that views strategy as the outcome of rigorous formal planning is based on:

Accepted Answer

A)  ​The work of Carl von Clausewitz,a Prussian military strategist. 
B)  ​Sun Tzu's book The Art of War. 
C)  ​Mintzberg's ideas of bottom-up feedback. 
D)  ​Liddell Hart's set of goal-oriented actions. 
A)  ​The work of Carl von Clausewitz,a Prussian military strategist. 
B)  ​Sun Tzu's book The Art of War. 
C)  ​Mintzberg's ideas of bottom-up feedback. 
D)  ​Liddell Hart's set of goal-oriented actions.

Question 14

​Viewing each country as a unique market and therefore somewhat isolated is known as _________,whereas ___________ sees market integration as subject to some barriers that do not totally insulate those markets.

Accepted Answer

A)  ​antiglobalization;localization 
B)  ​localization;globalization 
C)  ​globalization;semiglobalization 
D)  ​localization;semiglobalization 
A)  ​antiglobalization;localization 
B)  ​localization;globalization 
C)  ​globalization;semiglobalization 
D)  ​localization;semiglobalization

Question 15

Diversification:

Accepted Answer

A)  Is a relatively new concept in Western business . 
B)  Is believed by Western media to destroy value in emerging economies. 
C)  Is a poor idea and results in lower or no profitability in emerging economies. 
D)  Should be dismantled in emerging economies,based on recent research. 
A)  Is a relatively new concept in Western business . 
B)  Is believed by Western media to destroy value in emerging economies. 
C)  Is a poor idea and results in lower or no profitability in emerging economies. 
D)  Should be dismantled in emerging economies,based on recent research.

Question 16

​Chandler advocated strategy as integration,a perspective in which:

Accepted Answer

A)  ​Intended strategy is always superseded by emergent strategy. 
B)  ​Strategy is neither solely about plan nor action,but integrates both. 
C)  ​Top-down planning integrates a "know yourself" philosophy. 
D)  ​Bottom-up planning and flexibility are avoided as part of strategic planning. 
A)  ​Intended strategy is always superseded by emergent strategy. 
B)  ​Strategy is neither solely about plan nor action,but integrates both. 
C)  ​Top-down planning integrates a "know yourself" philosophy. 
D)  ​Bottom-up planning and flexibility are avoided as part of strategic planning.

Question 17

During the second half of the twentieth century,Hong Kong,Singapore,South Korea,and Taiwan,refused to participate in the global economy and became known as the "Four Toothless Tigers."

Accepted Answer

A) True 
 B)False

Question 18

Which of the following best defines "Triad" as the term is used in the text?

Accepted Answer

A)  The United States,Japan,and Germany. 
B)  The United States,Canada,and Mexico. 
C)  North America,Europe,and Japan. 
D)  The U.S.dollar,the Euro,and the Yen. 
A)  The United States,Japan,and Germany. 
B)  The United States,Canada,and Mexico. 
C)  North America,Europe,and Japan. 
D)  The U.S.dollar,the Euro,and the Yen.

Question 19

​The Japanese use a formal system of interlocking business groups and relationships,known as guanxi,in determining business strategies.

Accepted Answer

A) True 
 B)False

Question 20

​How is semiglobalization different from globalization and localization?

Accepted Answer

​The text points that semiglobalization

During the 1990s there was an increase in both global trade and opposition to global trade.

Global strategy has,in the past,been primarily focused on markets that consist of those people who are in the bottom tier of the global economic pyramid.

The more traditional meaning of global strategy is any strategy outside one's home country.

The current era of globalization originated in the aftermath of:

The opening case is an example of how global companies hire employees locally and then train employees to work in other countries.

BRIC refers to:

China in the 1970s is an example of an emerging economy.

Multinational enterprises (MNEs)are firms that:

Describe the way in which a firm might use a balanced scorecard.

The values and beliefs about globalization held by the general public are:

A SWOT analysis resonates well with Sun Tzu's teachings.

Within Samsung's Global Strategy Group,Korean colleagues have had to change their work styles to accommodate Westernized practices.

The school of thought that views strategy as the outcome of rigorous formal planning is based on:

Viewing each country as a unique market and therefore somewhat isolated is known as _,whereas ___ sees market integration as subject to some barriers that do not totally insulate those markets.

Diversification:

Chandler advocated strategy as integration,a perspective in which:

During the second half of the twentieth century,Hong Kong,Singapore,South Korea,and Taiwan,refused to participate in the global economy and became known as the "Four Toothless Tigers."

Which of the following best defines "Triad" as the term is used in the text?

The Japanese use a formal system of interlocking business groups and relationships,known as guanxi,in determining business strategies.

How is semiglobalization different from globalization and localization?

Managing Industry Competition

Leveraging Resources and Capabilities

Emphasizing Institutions, cultures, and Ethics

Growing and Internationalizingthe Entrepreneurial Firm

Entering Foreign Markets

Making Strategic Alliancee and Networks Work

Managing Global Competitive Dynamics

Diversifying, acquiring, and Restructuring

Strategizing, structuring, and Learningaround the World

Governing the Corporation Around the World

Strategizing With Corporate Social Responsibility

Filters

Exam 1: Strategizing Around the Globe

During the 1990s there was an increase in both global trade and opposition to global trade.

​Global strategy has,in the past,been primarily focused on markets that consist of those people who are in the bottom tier of the global economic pyramid.

​The more traditional meaning of global strategy is any strategy outside one's home country.

The current era of globalization originated in the aftermath of:

The opening case is an example of how global companies hire employees locally and then train employees to work in other countries.

BRIC refers to:

​China in the 1970s is an example of an emerging economy.

Multinational enterprises (MNEs)are firms that:

​Describe the way in which a firm might use a balanced scorecard.

​The values and beliefs about globalization held by the general public are:

A SWOT analysis resonates well with Sun Tzu's teachings.

Within Samsung's Global Strategy Group,Korean colleagues have had to change their work styles to accommodate Westernized practices.

​The school of thought that views strategy as the outcome of rigorous formal planning is based on:

​Viewing each country as a unique market and therefore somewhat isolated is known as _________,whereas ___________ sees market integration as subject to some barriers that do not totally insulate those markets.

Diversification:

​Chandler advocated strategy as integration,a perspective in which:

During the second half of the twentieth century,Hong Kong,Singapore,South Korea,and Taiwan,refused to participate in the global economy and became known as the "Four Toothless Tigers."

Which of the following best defines "Triad" as the term is used in the text?

​The Japanese use a formal system of interlocking business groups and relationships,known as guanxi,in determining business strategies.

​How is semiglobalization different from globalization and localization?

Managing Industry Competition

Leveraging Resources and Capabilities

Emphasizing Institutions, cultures, and Ethics

Growing and Internationalizingthe Entrepreneurial Firm

Entering Foreign Markets

Making Strategic Alliancee and Networks Work

Managing Global Competitive Dynamics

Diversifying, acquiring, and Restructuring

Strategizing, structuring, and Learningaround the World

Governing the Corporation Around the World

Strategizing With Corporate Social Responsibility

Filters

Global strategy has,in the past,been primarily focused on markets that consist of those people who are in the bottom tier of the global economic pyramid.

The more traditional meaning of global strategy is any strategy outside one's home country.

China in the 1970s is an example of an emerging economy.

Describe the way in which a firm might use a balanced scorecard.

The values and beliefs about globalization held by the general public are:

The school of thought that views strategy as the outcome of rigorous formal planning is based on:

Viewing each country as a unique market and therefore somewhat isolated is known as _,whereas ___ sees market integration as subject to some barriers that do not totally insulate those markets.

Chandler advocated strategy as integration,a perspective in which:

The Japanese use a formal system of interlocking business groups and relationships,known as guanxi,in determining business strategies.

How is semiglobalization different from globalization and localization?