Question 1

Chance events play a role in shaping the competitive environment.Chance events are occurrences which include all but one of the following:

Accepted Answer

A) major technological breakthroughs. 
B) wars and their aftermath. 
C) oil crisis. 
D) currency fluctuations. 
E) annual business meeting. 
A) major technological breakthroughs. 
B) wars and their aftermath. 
C) oil crisis. 
D) currency fluctuations. 
E) annual business meeting.

Question 2

According to Michael Porter, chance plays no role in determining the competitive advantage of nations.

Accepted Answer

A) True 
 B)False

Question 3

A useful way of gaining insight into competitors is through industry analysis.

Accepted Answer

A) True 
 B)False

Question 4

The key to maintaining competitive advantage, according to Dr.W.E.Deming as well as your textbook authors, is:

Accepted Answer

A) being committed to constant improvement. 
B) being first to market with all products. 
C) outsourcing key components. 
D) challenging all market leaders. 
E) stressing low-price advantage in all areas. 
A) being committed to constant improvement. 
B) being first to market with all products. 
C) outsourcing key components. 
D) challenging all market leaders. 
E) stressing low-price advantage in all areas.

Question 5

Rugman and D'Cruz cite Benetton as an example of a flagship firm that excels at building partnerships.

Accepted Answer

A) True 
 B)False

Question 6

Research by Morgan Stanley indicates that the United States is home to more companies with global competitive advantage than any other country.

Accepted Answer

A) True 
 B)False

Question 7

Rugman and D'Cruz have developed an alternative framework to Porter's five forces model.The framework, based on business networks, is called:

Accepted Answer

A) the differentiation model. 
B) strategic intent. 
C) the flagship model. 
D) the hypercompetition model. 
E) the Rugman & D'Cruz model. 
A) the differentiation model. 
B) strategic intent. 
C) the flagship model. 
D) the hypercompetition model. 
E) the Rugman & D'Cruz model.

Question 8

The nature of firm strategy, structure, and rivalry is the final determinant of a nation's diamond.What does this statement refer to? How does domestic rivalry differ from foreign rivalry? Please explain in detail.

Accepted Answer

Domestic rivalry in a single national ma

Question 9

In 1989, Jollibee, the most popular fast-food operator in the Philippines, got an unexpected boost when the threat of a military coup prompted McDonald's to temporarily suspend operations.

Accepted Answer

A) True 
 B)False

Question 10

The Swatch Group is the world's second largest watchmaker.This shows that in the low-cost segment, brands compete on price and value.

Accepted Answer

A) True 
 B)False

Chance events play a role in shaping the competitive environment.Chance events are occurrences which include all but one of the following:

According to Michael Porter, chance plays no role in determining the competitive advantage of nations.

A useful way of gaining insight into competitors is through industry analysis.

The key to maintaining competitive advantage, according to Dr.W.E.Deming as well as your textbook authors, is:

Rugman and D'Cruz cite Benetton as an example of a flagship firm that excels at building partnerships.

Research by Morgan Stanley indicates that the United States is home to more companies with global competitive advantage than any other country.

Rugman and D'Cruz have developed an alternative framework to Porter's five forces model.The framework, based on business networks, is called:

The nature of firm strategy, structure, and rivalry is the final determinant of a nation's diamond.What does this statement refer to? How does domestic rivalry differ from foreign rivalry? Please explain in detail.

In 1989, Jollibee, the most popular fast-food operator in the Philippines, got an unexpected boost when the threat of a military coup prompted McDonald's to temporarily suspend operations.

The Swatch Group is the world's second largest watchmaker.This shows that in the low-cost segment, brands compete on price and value.

Introduction to Global Marketing

The Global Economic Environment

Regional Market Characteristics and Preferential Trade Agreements

Social and Cultural Environments

The Political, Legal, and Regulatory Environments

Global Information Systems and Market Research

Segmentation, Targeting, and Positioning

Importing, Exporting, and Sourcing

Global Market Entry Strategies: Licensing, Investment, and Strategic Alliances

Brand and Product Decisions in Global Marketing

Pricing Decisions

Global Marketing Channels and Physical Distribution

Global Marketing Communications Decisions I: Advertising and Public Relations

Global Marketing Communications Decisions II: Sales Promotion, Personal Selling, and Special Forms of Marketing Communication

Global Marketing and the Digital Revolution

Leadership, Organization, and Corporate Social Responsibility

Filters

Exam 16: Strategic Elements of Competitive Advantage

Chance events play a role in shaping the competitive environment.Chance events are occurrences which include all but one of the following:

According to Michael Porter, chance plays no role in determining the competitive advantage of nations.

A useful way of gaining insight into competitors is through industry analysis.

The key to maintaining competitive advantage, according to Dr.W.E.Deming as well as your textbook authors, is:

Rugman and D'Cruz cite Benetton as an example of a flagship firm that excels at building partnerships.

Research by Morgan Stanley indicates that the United States is home to more companies with global competitive advantage than any other country.

Rugman and D'Cruz have developed an alternative framework to Porter's five forces model.The framework, based on business networks, is called:

The nature of firm strategy, structure, and rivalry is the final determinant of a nation's diamond.What does this statement refer to? How does domestic rivalry differ from foreign rivalry? Please explain in detail.

In 1989, Jollibee, the most popular fast-food operator in the Philippines, got an unexpected boost when the threat of a military coup prompted McDonald's to temporarily suspend operations.

The Swatch Group is the world's second largest watchmaker.This shows that in the low-cost segment, brands compete on price and value.

Introduction to Global Marketing

The Global Economic Environment

Regional Market Characteristics and Preferential Trade Agreements

Social and Cultural Environments

The Political, Legal, and Regulatory Environments

Global Information Systems and Market Research

Segmentation, Targeting, and Positioning

Importing, Exporting, and Sourcing

Global Market Entry Strategies: Licensing, Investment, and Strategic Alliances

Brand and Product Decisions in Global Marketing

Pricing Decisions

Global Marketing Channels and Physical Distribution

Global Marketing Communications Decisions I: Advertising and Public Relations

Global Marketing Communications Decisions II: Sales Promotion, Personal Selling, and Special Forms of Marketing Communication

Global Marketing and the Digital Revolution

Leadership, Organization, and Corporate Social Responsibility

Filters