Exam 8: Global Competitive Dynamics

In developing a strategy regarding competition or cooperation, it would be useful to not: a. Understand the nature of your industry. b. Strengthen capabilities that more effectively compete and/or cooperate. c. Understand the rules of the game governing competition. d. "Look ahead, reason back e. All of the above.

An extender strategy is being used when local firms engage in rapid learning to approach the capabilities of the MNEs and then expand overseas.

Dumping involves selling something below cost. Using what you have learned in accounting or economics (or perhaps by talking to someone familiar with these courses) point out why it might sometimes be difficult to prove that a firm is selling below cost.

A firm's attack on a focal arena important to a competitor, but not the attacker's true target area, is referred to as: a. Thrust. b. Feint. c. Gambit. d. Miscalculation. e. Practice attack.

Can national policies that seek to promote the well being of its citizens by its attempts to maintain competition actually have the opposite effect? Why or why not?