Exam 10: Globalization of Services

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Global service strategies include all but one of the following:

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When franchising which one of the following is not a benefit to the franchiser?

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"Hiring local personnel" addresses the labor intensity factor in the ________ global service strategy.

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Communication is included in the five C' s of strategic planning.

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Network development is a consideration in the decision to plan a multinational service.

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Franchising usually is used when developing a focused network.

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Consumers develop expectations for a low divergent set of products and services from franchises.

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What is the principal reason that service trade receives low priority at WTO meetings?

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Which of the following is not one of Kenichi Ohmae's five "Cs" of strategic planning in a borderless world economy?

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All of the following are benefits of a multisite type of expansion except:

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The disadvantage of concentric diversification is that it does not allow for economies of scale.

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Concentric diversification is a means of ensuring rapid market growth.

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Rapid growth with investment capital from franchisers is the main objective of franchising.

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A family restaurant is an example of a focused service.

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A relatively recent concept that refers to the movement of new products through existing distribution channels is called:

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The "cookie-cutter" concept best describes which expansion strategy?

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When franchising, which of the following is not an issue for the franchisee?

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A diversified network is not feasible with complex services.

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American Express is an example of a firm that has a multisite, multiservice expansion strategy.

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From the standpoint of the franchiser, decision-making autonomy is not a benefit of franchising.

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