Question 1

​Mintzberg advocated strategy as action in which:

Accepted Answer

A)  ​Intended strategy is always superseded by emergent strategy. 
B)  ​Emergent strategy can arise in addition to intended strategy. 
C)  ​Top-down planning is most conducive to emergent strategy. 
D)  ​Bottom-up planning and flexibility are avoided as part of strategic planning. 
A)  ​Intended strategy is always superseded by emergent strategy. 
B)  ​Emergent strategy can arise in addition to intended strategy. 
C)  ​Top-down planning is most conducive to emergent strategy. 
D)  ​Bottom-up planning and flexibility are avoided as part of strategic planning.

Question 2

The earliest MNEs existed in some form thousands of years ago in the Assyrian,Phoenician,and Roman empires.

Accepted Answer

A) True 
 B)False

Question 3

The institution-based view argues that institutional forces provide an answer to similarities in firm performance but not differences.

Accepted Answer

A) True 
 B)False

Question 4

As you examine the current political,social,and economic environment of your country and the world as of the moment you are reading the text,what is your estimate of the extent to which globalization will increase or decrease in the short run? In the long run?

Accepted Answer

The response is likely to be specific to

Question 5

​GE developed a portable electrocardiograph machine originally for doctors in India and China that is now being sold in the United States at a significantly lower price than comparable products.This product is an example of:

Accepted Answer

A)  ​Foreign direct investment. 
B)  ​Reverse innovation. 
C)  ​Intended strategy. 
A)  ​Foreign direct investment. 
B)  ​Reverse innovation. 
C)  ​Intended strategy.

Question 6

A typical "one-size-fits-all" strategy remains the most effective for firms "going global."

Accepted Answer

A) True 
 B)False

Question 7

​A multinational enterprise rarely engages in foreign direct investment.

Accepted Answer

A) True 
 B)False

Question 8

​For those who view globalization as a "pendulum," the practice of _________________ to identify and assess as well as minimize the effects of unfortunate events is important.

Accepted Answer

A)  ​risk management 
B)  ​strategy as action 
C)  ​intended strategy 
D)  ​SWOT analysis 
A)  ​risk management 
B)  ​strategy as action 
C)  ​intended strategy 
D)  ​SWOT analysis

Question 9

The resource-based view suggests that firm-specific capabilities do not drive performance differences.

Accepted Answer

A) True 
 B)False

Question 10

​Strategic management is essentially:

Accepted Answer

A)  ​Follows a one-size-fits-all philosophy. 
B)  ​A military concept rather than a business concept. 
C)  ​The way a firm goes about competing successfully from a "big picture" perspective. 
D)  ​None of the above. 
A)  ​Follows a one-size-fits-all philosophy. 
B)  ​A military concept rather than a business concept. 
C)  ​The way a firm goes about competing successfully from a "big picture" perspective. 
D)  ​None of the above.

Question 11

The _______ view primarily focuses on the ______ in a SWOT analysis.

Accepted Answer

A)  Industry-based;OT 
B)  Resource-based;OT 
C)  Industry-based;SW 
D)  Resource-based;SW 
A)  Industry-based;OT 
B)  Resource-based;OT 
C)  Industry-based;SW 
D)  Resource-based;SW

Question 12

​Companies use balanced scorecards to summarize business information into a smaller number of critical factors.

Accepted Answer

A) True 
 B)False

Question 13

A lot of opponents of globalization are nongovernmental organizations (NGOs),such as environmentalists and consumer groups.

Accepted Answer

A) True 
 B)False

Question 14

​U.S.business students have positive views similar to those of the general public.

Accepted Answer

A) True 
 B)False

Question 15

According to the text,business students may tend to focus more on the economic gains of globalization,and be less concerned with its darker sides.

Accepted Answer

A) True 
 B)False

Question 16

When looking at globalization,many executives,policymakers,and scholars:

Accepted Answer

A)  Consistently side with nongovernmental organizations in opposing globalization. 
B)  See more costs than benefits in globalization as it exists today. 
C)  Fail to take into sufficient account the social,political,and environmental costs associated with globalization. 
D)  Recognize that most other members of society share the same view of globalization. 
A)  Consistently side with nongovernmental organizations in opposing globalization. 
B)  See more costs than benefits in globalization as it exists today. 
C)  Fail to take into sufficient account the social,political,and environmental costs associated with globalization. 
D)  Recognize that most other members of society share the same view of globalization.

Question 17

​Who are the main opponents of globalization and what arguments do they make?

Accepted Answer

​The response should mention NGOs and in

Question 18

The word _______has now become the most famous Chinese business word to appear in English-language media.

Accepted Answer

A)  keiretsu 
B)  guanxi 
C)  chaebol 
D)  blat 
A)  keiretsu 
B)  guanxi 
C)  chaebol 
D)  blat

Question 19

​What is the difference between developed economies and emerging economies? Give examples of countries that would be consider to have developed economies and those that have emerging economies.

Accepted Answer

​Students may point out that the distinc

Question 20

In the opening case,Samsung's Global Strategy Group has demonstrated that cultural integration is difficult,with retention rates below two-thirds.

Accepted Answer

A) True 
 B)False

Mintzberg advocated strategy as action in which:

The earliest MNEs existed in some form thousands of years ago in the Assyrian,Phoenician,and Roman empires.

The institution-based view argues that institutional forces provide an answer to similarities in firm performance but not differences.

As you examine the current political,social,and economic environment of your country and the world as of the moment you are reading the text,what is your estimate of the extent to which globalization will increase or decrease in the short run? In the long run?

GE developed a portable electrocardiograph machine originally for doctors in India and China that is now being sold in the United States at a significantly lower price than comparable products.This product is an example of:

A typical "one-size-fits-all" strategy remains the most effective for firms "going global."

A multinational enterprise rarely engages in foreign direct investment.

For those who view globalization as a "pendulum," the practice of _________________ to identify and assess as well as minimize the effects of unfortunate events is important.

The resource-based view suggests that firm-specific capabilities do not drive performance differences.

Strategic management is essentially:

The _ view primarily focuses on the in a SWOT analysis.

Companies use balanced scorecards to summarize business information into a smaller number of critical factors.

A lot of opponents of globalization are nongovernmental organizations (NGOs),such as environmentalists and consumer groups.

U.S.business students have positive views similar to those of the general public.

According to the text,business students may tend to focus more on the economic gains of globalization,and be less concerned with its darker sides.

When looking at globalization,many executives,policymakers,and scholars:

Who are the main opponents of globalization and what arguments do they make?

The word _______has now become the most famous Chinese business word to appear in English-language media.

What is the difference between developed economies and emerging economies? Give examples of countries that would be consider to have developed economies and those that have emerging economies.

In the opening case,Samsung's Global Strategy Group has demonstrated that cultural integration is difficult,with retention rates below two-thirds.

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

​Mintzberg advocated strategy as action in which:

The earliest MNEs existed in some form thousands of years ago in the Assyrian,Phoenician,and Roman empires.

The institution-based view argues that institutional forces provide an answer to similarities in firm performance but not differences.

As you examine the current political,social,and economic environment of your country and the world as of the moment you are reading the text,what is your estimate of the extent to which globalization will increase or decrease in the short run? In the long run?

​GE developed a portable electrocardiograph machine originally for doctors in India and China that is now being sold in the United States at a significantly lower price than comparable products.This product is an example of:

A typical "one-size-fits-all" strategy remains the most effective for firms "going global."

​A multinational enterprise rarely engages in foreign direct investment.

​For those who view globalization as a "pendulum," the practice of _________________ to identify and assess as well as minimize the effects of unfortunate events is important.

The resource-based view suggests that firm-specific capabilities do not drive performance differences.

​Strategic management is essentially:

The _______ view primarily focuses on the ______ in a SWOT analysis.

​Companies use balanced scorecards to summarize business information into a smaller number of critical factors.

A lot of opponents of globalization are nongovernmental organizations (NGOs),such as environmentalists and consumer groups.

​U.S.business students have positive views similar to those of the general public.

According to the text,business students may tend to focus more on the economic gains of globalization,and be less concerned with its darker sides.

When looking at globalization,many executives,policymakers,and scholars:

​Who are the main opponents of globalization and what arguments do they make?

The word _______has now become the most famous Chinese business word to appear in English-language media.

​What is the difference between developed economies and emerging economies? Give examples of countries that would be consider to have developed economies and those that have emerging economies.

In the opening case,Samsung's Global Strategy Group has demonstrated that cultural integration is difficult,with retention rates below two-thirds.

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

Mintzberg advocated strategy as action in which:

GE developed a portable electrocardiograph machine originally for doctors in India and China that is now being sold in the United States at a significantly lower price than comparable products.This product is an example of:

A multinational enterprise rarely engages in foreign direct investment.

For those who view globalization as a "pendulum," the practice of _________________ to identify and assess as well as minimize the effects of unfortunate events is important.

Strategic management is essentially:

The _ view primarily focuses on the in a SWOT analysis.

Companies use balanced scorecards to summarize business information into a smaller number of critical factors.

U.S.business students have positive views similar to those of the general public.

Who are the main opponents of globalization and what arguments do they make?

What is the difference between developed economies and emerging economies? Give examples of countries that would be consider to have developed economies and those that have emerging economies.