Exam 6: Formulating Strategy

Dell, with its worldwide sourcing and fully integrated production and marketing system is considered to be a ________.

Which of the following is generally the least risky entry strategy?

Firms should perform global environmental analysis at which three levels?

What are the two levels of strategic alternatives that a firm must consider when competing internationally?

What are the most common proactive reasons that firms decide to expand internationally? What are the most common entry strategies?

Goals for market volume and profitability are usually set higher for international than domestic operations because of ________.

Which of the following strategies would most likely be used by a non-European company wanting to gain quick entry inside the European community?

Which of the following entry strategies requires little investment and enables quick and easy market withdrawal?

Which of the following is a proactive reason that prompts firms to expand overseas?

A ________ gives a foreign company the rights to manage the daily operations of a business but not to make decisions regarding ownership, financing, policy, or strategy.

What is an international joint venture? Why are many firms using joint ventures to expand into Europe?

Restrictive trade barriers most likely affect corporate globalization by encouraging firms to ________.

Why are internal sources of information especially useful for environmental scans of developing countries?

Regional strategies are more appropriate than global strategies for firms which operate in what kind of situation?

Which of the following is the most critical aspect of a franchising strategy?

The most likely reason that McDonald's has aggressively expanded internationally is to ________.

The process by which a firm's managers evaluate the future prospects of the firm and decide on appropriate strategies to achieve long-term objectives is called ________.

What are the common entry strategies for firms that want to expand their operations globally?

What are the most common proactive reasons for which firms enter into international business?

All of the following are proactive reasons that firms expand their operations overseas EXCEPT ________.