Exam 7: International Strategy: Creating Value in Global Markets

Which of the following is a a business in which a multinational company owns 100 percent of the stock

By the end of the 20^th century, the world's population exceeded 7.4 billion, with Canada representing

An advantage of international expansion is that it can enable a firm to optimize the location of every activity in its value chain.

The form of entry strategy into international operations that offers the lowest level of control would be

In Michael Porter's framework all of the following factors affect a nation's competitiveness, except

In Michael Porter's 'diamond of national advantage,' there are four broad attributes that constitute a nation's competitiveness in an industry.

Describe how currency fluctuations can present considerable risk to international business.

A multidomestic strategy is the most appropriate strategy for international operations because it drives economies of scale as far as possible and provides a middle of the road product appealing to the largest number of consumers in every market.

The strategy that would be most appropriate when the pressures to lower costs are high and the pressures for local adaptation are also high?

Low pressure for local adaptation combined with low pressure for lower costs would suggest what type of strategy?

According to the text, Canadian firms around the world were targets of animal rights groups who did not approve of seal hunting in Newfoundland.

To address the challenges of a multidomestic strategy, Maple Leaf Foods customizes its prepared meats to meet local tastes.

The text mentions Canadian firms Lingo Media and Hydrogenics as having directed all their efforts to overseas markets with

Dispersion of value chains across different countries mainly occurs through offshoring and outsourcing.

When Dofasco approached the cultural differences of operating in Mexico, Dofasco's motto "our strength is people" was a problem because

___________ occurs when a firm decides to utilize other firms to perform value-creating activities that were previously performed in-house.

Summarize the most important benefits and risks associated with diversification into global markets.

Canadian steel company Dofasco looked at cultural challenges in expanding and decided to stick to its famous motto: 'our strength is people.'

Corporations with multiple foreign operations that act very independently of one another are following a multidomestic strategy.

How did Canopy Growth Corp gain access to the German market?