Question 1

Acquisition of mixtures of businesses in any industry is

Accepted Answer

A) Low cost strategy. 
B) Unrelated diversification. 
C) Related diversification. 
D) A business level strategy. 
A) Low cost strategy. 
B) Unrelated diversification. 
C) Related diversification. 
D) A business level strategy. B

Question 2

Porter's five forces help a multinational manager understand

Accepted Answer

A) The key success factors in an industry. 
B) How to assess the attractiveness of the industries a company is involved in. 
C) How to assess its unrelated diversification efforts. 
D) The trends in its industry. 
A) The key success factors in an industry. 
B) How to assess the attractiveness of the industries a company is involved in. 
C) How to assess its unrelated diversification efforts. 
D) The trends in its industry. B

Question 3

Differentiation leads to higher profits by

Accepted Answer

A) Charging a higher price than competitors. 
B) Offering the customer better value. 
C) Offering a product with more features and quality. 
D) All of the above 
A) Charging a higher price than competitors. 
B) Offering the customer better value. 
C) Offering a product with more features and quality. 
D) All of the above D

Question 4

This is considered to be a popular and controversial way to address internal cost inefficiencies.

Accepted Answer

A) Insourcing 
B) Outsourcing 
C) Related diversification 
D) Unrelated diversification 
A) Insourcing 
B) Outsourcing 
C) Related diversification 
D) Unrelated diversification

Question 5

Market size,ease of entry and exit,and economies of scale are all examples of

Accepted Answer

A) Defensive strategies. 
B) Key success factors. 
C) Dominant economic characteristics. 
D) Differentiation. 
A) Defensive strategies. 
B) Key success factors. 
C) Dominant economic characteristics. 
D) Differentiation.

Question 6

Regarding low cost and differentiation strategies,when is each strategy appropriate?

Accepted Answer

Answers will vary but should demonstrate

Question 7

Strategies used to attempt to reduce the risk of being attacked are

Accepted Answer

A) Defensive competitive strategies. 
B) Offensive competitive strategies. 
C) Generic strategies. 
D) None of the above 
A) Defensive competitive strategies. 
B) Offensive competitive strategies. 
C) Generic strategies. 
D) None of the above

Question 8

Discuss some of the major issues a multinational manager needs to take into consideration when conducting an industry analysis.

Accepted Answer

Answers will vary but should reflect stu

Question 9

Discuss each of Porter's five forces model.What information can a multinational obtain from Porter's five forces industry analysis?

Accepted Answer

Answers will vary but should reflect stu

Question 10

Business level strategies

Accepted Answer

A) Include only the generic strategies. 
B) Pertain to the operation of multiple businesses. 
C) Are concerned with how single business companies choose strategies. 
D) Are concerned with how companies choose their mixtures of different businesses. 
A) Include only the generic strategies. 
B) Pertain to the operation of multiple businesses. 
C) Are concerned with how single business companies choose strategies. 
D) Are concerned with how companies choose their mixtures of different businesses.

Question 11

__________ strategies achieve higher profits by charging higher prices.

Accepted Answer

A) Low cost 
B) Differentiation 
C) Competitive advantage 
D) Generic 
A) Low cost 
B) Differentiation 
C) Competitive advantage 
D) Generic

Question 12

BMW and Mercedes view their Japanese rivals moves into the upscale car market as a/an

Accepted Answer

A) Strength. 
B) Weakness. 
C) Opportunity. 
D) Threat. 
A) Strength. 
B) Weakness. 
C) Opportunity. 
D) Threat.

Question 13

Offensive strategies

Accepted Answer

A) Are examples of basic generic strategies. 
B) Are direct targeting/attacking of rivals. 
C) Are attempts to reduce the risk of being attacked. 
D) Are used to convince other firms to seek other targets. 
A) Are examples of basic generic strategies. 
B) Are direct targeting/attacking of rivals. 
C) Are attempts to reduce the risk of being attacked. 
D) Are used to convince other firms to seek other targets.

Question 14

Favorable conditions in a firm's external environment are known as

Accepted Answer

A) Strengths. 
B) Capabilities. 
C) Opportunities. 
D) Distinctive competencies. 
A) Strengths. 
B) Capabilities. 
C) Opportunities. 
D) Distinctive competencies.

Question 15

The acronym SWOT stands for

Accepted Answer

A) Strategies with organizational timelines. 
B) Selection, withdrawal, opportunities, and timeliness. 
C) Strengths, weakness, opportunities, and threats. 
D) Strategies, winning, organizations, and tender offers. 
A) Strategies with organizational timelines. 
B) Selection, withdrawal, opportunities, and timeliness. 
C) Strengths, weakness, opportunities, and threats. 
D) Strategies, winning, organizations, and tender offers.

Question 16

A strength is

Accepted Answer

A) A favorable condition in a company's environment. 
B) Distinctive capability, resource, skill, or other advantage that a company has vis-à-vis its competitors. 
C) Represented by changes in the economic conditions in an industry. 
D) None of the above 
A) A favorable condition in a company's environment. 
B) Distinctive capability, resource, skill, or other advantage that a company has vis-à-vis its competitors. 
C) Represented by changes in the economic conditions in an industry. 
D) None of the above

Question 17

The GE Portfolio matrix

Accepted Answer

A) Is the same as the Boston Consulting Group matrix. 
B) Contains four cells based on industry and business strength. 
C) Can be used to assess business level strategies. 
D) Contains nine cells based on industry strength and business competitive position. 
A) Is the same as the Boston Consulting Group matrix. 
B) Contains four cells based on industry and business strength. 
C) Can be used to assess business level strategies. 
D) Contains nine cells based on industry strength and business competitive position.

Question 18

A company that has a limited product range,and sells to certain buyers in some geographical areas is said to have which of the following?

Accepted Answer

A) Broad competitive scope 
B) Narrow competitive scope 
C) Lack of competition 
D) None of the above 
A) Broad competitive scope 
B) Narrow competitive scope 
C) Lack of competition 
D) None of the above

Question 19

Generic strategies

Accepted Answer

A) Occur when a company can outmatch its rivals in attracting and maintaining its customers. 
B) Represent basic ways that domestic and multinational companies keep and achieve competitive advantage. 
C) Are all based on finding ways to provide superior value to the customer. 
D) None of the above 
A) Occur when a company can outmatch its rivals in attracting and maintaining its customers. 
B) Represent basic ways that domestic and multinational companies keep and achieve competitive advantage. 
C) Are all based on finding ways to provide superior value to the customer. 
D) None of the above

Question 20

Support activities include

Accepted Answer

A) Research and development. 
B) Service repair. 
C) Output logistics. 
D) None of the above 
A) Research and development. 
B) Service repair. 
C) Output logistics. 
D) None of the above

Acquisition of mixtures of businesses in any industry is

Porter's five forces help a multinational manager understand

Differentiation leads to higher profits by

This is considered to be a popular and controversial way to address internal cost inefficiencies.

Market size,ease of entry and exit,and economies of scale are all examples of

Regarding low cost and differentiation strategies,when is each strategy appropriate?

Strategies used to attempt to reduce the risk of being attacked are

Discuss some of the major issues a multinational manager needs to take into consideration when conducting an industry analysis.

Discuss each of Porter's five forces model.What information can a multinational obtain from Porter's five forces industry analysis?

Business level strategies

__________ strategies achieve higher profits by charging higher prices.

BMW and Mercedes view their Japanese rivals moves into the upscale car market as a/an

Offensive strategies

Favorable conditions in a firm's external environment are known as

The acronym SWOT stands for

A strength is

The GE Portfolio matrix

A company that has a limited product range,and sells to certain buyers in some geographical areas is said to have which of the following?

Generic strategies

Support activities include

Multinational Management in a Changing World

Culture and Multinational Management

The Institutional Context of Multinational Management

Managing Ethical and Social Responsibility Challenges in Multinational Companies

Multinational and Entry-Mode Strategies: Content and Formulation

Small Businesses and International Entrepreneurship

Organizational Design for Multinational Companies

International Strategic Alliances: Management and Design

Multinational E-Commerce: Strategies and Structures

International Human Resource Management

Hrm in the Local Context: Knowing When and How to Adapt

International Negotiation and Cross-Cultural Communication

Motivation in Multinational Companies

Leadership and Management Behavior in Multinational Companies

Filters

Exam 5: Strategic Management in the Multinational Company: Content and Formulation

Acquisition of mixtures of businesses in any industry is

Porter's five forces help a multinational manager understand

Differentiation leads to higher profits by

This is considered to be a popular and controversial way to address internal cost inefficiencies.

Market size,ease of entry and exit,and economies of scale are all examples of

Regarding low cost and differentiation strategies,when is each strategy appropriate?

Strategies used to attempt to reduce the risk of being attacked are

Discuss some of the major issues a multinational manager needs to take into consideration when conducting an industry analysis.

Discuss each of Porter's five forces model.What information can a multinational obtain from Porter's five forces industry analysis?

Business level strategies

__________ strategies achieve higher profits by charging higher prices.

BMW and Mercedes view their Japanese rivals moves into the upscale car market as a/an

Offensive strategies

Favorable conditions in a firm's external environment are known as

The acronym SWOT stands for

A strength is

The GE Portfolio matrix

A company that has a limited product range,and sells to certain buyers in some geographical areas is said to have which of the following?

Generic strategies

Support activities include

Multinational Management in a Changing World

Culture and Multinational Management

The Institutional Context of Multinational Management

Managing Ethical and Social Responsibility Challenges in Multinational Companies

Multinational and Entry-Mode Strategies: Content and Formulation

Small Businesses and International Entrepreneurship

Organizational Design for Multinational Companies

International Strategic Alliances: Management and Design

Multinational E-Commerce: Strategies and Structures

International Human Resource Management

Hrm in the Local Context: Knowing When and How to Adapt

International Negotiation and Cross-Cultural Communication

Motivation in Multinational Companies

Leadership and Management Behavior in Multinational Companies

Filters