Exam 12: Country Evaluation and Selection

Labor cost advantages gained by moving into a country with low wages may be short-lived because ________.

Executives at Wilson Enterprises need to determine how to leverage and improve the firm's existing competencies on a global basis. What are the two most basic questions that they must answer?

What is the relationship between a company's international market and its production location decisions? How do firms benefit from the use of scanning techniques when making location decisions?

Top executives at Jordan,a U.S. consulting firm,are debating whether or not to expand operations into a country with a great deal of violence by staffing mostly with U.S. personnel. A vice president argues that Jordan should send its employees there. Which of the following statements LEAST supports the vice president's position?

Escalation of commitment is best described as the ________.

In terms of political risk,it is most accurate to state that high risk ________.

A company should probably use a concentration strategy for international expansion when there are ________.

Profit figures for individual country operations may obscure the real impact those operations have on total global performance.

In a concentration strategy of foreign expansion,a company would go to ________.

Which of the following is generally the most costly information source for companies?

Which of the following is true about projected demographic changes up to the year 2050 that could affect future production and sales locations?

An example of a first-mover advantage in international operations is ________.

A company's overall geographic strategy should be flexible enough to ________.

When choosing international operating locations,companies should outsource the preparation of grids or matrices to experts rather than preparing them with their own personnel.

Why do most companies examine expansion proposals one at a time rather than comparing various expansion proposals? Do you think this is effective? Why or why not?

Top executives at Jordan,a U.S. consulting firm,are debating whether or not to expand into a country with a great deal of violence by staffing mostly with U.S. personnel. A vice president argues that Jordan should forego sending its employees there because of the high risk for them of kidnappings in the region. Which of the following statements best supports the vice president's position?

International managers most likely need to understand how to evaluate international geographic alternatives because ________.

Carrefour has been more successful in Europe than Walmart,whereas Walmart has been more successful in the United States than Carrefour. What is the most likely reason for these results?

Which of the following is the LEAST likely reason for inaccuracies in published governmental data?

Compare the advantages of locating foreign operations to avoid where competitors have gone versus locating where competitors are.