Question 1

Which of the following is generally not an option in organizing globally in the single business firm?

Accepted Answer

A)  forming an international division 
B)  placing all activities within functional divisions 
C)  placing functional activities within global divisions 
D)  none of the above 
A)  forming an international division 
B)  placing all activities within functional divisions 
C)  placing functional activities within global divisions 
D)  none of the above B

Question 2

Which of the following best captures the definition of a successful global firm?

Accepted Answer

A)  building a worldwide marketing operation 
B)  transferring resources between units in different countries 
C)  finding key resources to exploit in other countries 
D)  achieving economic performance that is higher than indigenous competitors in local markets 
A)  building a worldwide marketing operation 
B)  transferring resources between units in different countries 
C)  finding key resources to exploit in other countries 
D)  achieving economic performance that is higher than indigenous competitors in local markets D

Question 3

Multidomestic firms have interdependent assets and resources across countries.

Accepted Answer

A) True 
 B)False  False

Question 4

Which of the following is not a potential economic benefit from locating in a particular geographical region?

Accepted Answer

A)  technological spillovers 
B)  labor pooling 
C)  economies of scale 
D)  specialized local suppliers 
A)  technological spillovers 
B)  labor pooling 
C)  economies of scale 
D)  specialized local suppliers

Question 5

The standard explanation of regional advantage is based on the equal geographical distribution of resources.

Accepted Answer

A) True 
 B)False

Question 6

Which of the following promotes technological spillovers within a region?

Accepted Answer

A)  informal communication among managers from different firms 
B)  labor pooling 
C)  employee mobility 
D)  all of the above 
A)  informal communication among managers from different firms 
B)  labor pooling 
C)  employee mobility 
D)  all of the above

Question 7

Which of the following factors is not part of Porter's diamond model?

Accepted Answer

A)  related and supporting markets 
B)  cultural constraints 
C)  rivalry conditions 
D)  demand conditions 
A)  related and supporting markets 
B)  cultural constraints 
C)  rivalry conditions 
D)  demand conditions

Question 8

How might price regulation affect a firm's international expansion?

Accepted Answer

1) Firms are less likely to launch a pro

Question 9

Firms integrate activities across countries to lower costs through economies of scale or scope.

Accepted Answer

A) True 
 B)False

Question 10

A horizontally integrated industry is one in which:

Accepted Answer

A)  country specific advantage and firm specific advantage are both high 
B)  country specific advantage is low and firm specific advantage is high 
C)  country specific advantage is low and firm specific advantage is low 
D)  none of the above 
A)  country specific advantage and firm specific advantage are both high 
B)  country specific advantage is low and firm specific advantage is high 
C)  country specific advantage is low and firm specific advantage is low 
D)  none of the above

Question 11

Product innovations diffuse more quickly across regions whereas process innovations diffuse more quickly within regions.

Accepted Answer

A) True 
 B)False

Question 12

Locating where a labor pool already exists adds value to a firm when the firm faces some uncertainty in its employee needs.

Accepted Answer

A) True 
 B)False

Question 13

Why do firms in many industries tend to cluster together in a geographical region?

Accepted Answer

Marshall identifies 3 reasons why cluste

Question 14

Which of the following reduces the threat of appropriation associated with political risk?

Accepted Answer

A)  the entrant is large and well connected within the host country and internationally 
B)  powerful entrepreneurs in the country benefit from trade liberalization 
C)  the firm's investment is not associated with a notable redistribution of wealth 
D)  all of the above 
A)  the entrant is large and well connected within the host country and internationally 
B)  powerful entrepreneurs in the country benefit from trade liberalization 
C)  the firm's investment is not associated with a notable redistribution of wealth 
D)  all of the above

Question 15

Which of the following are attributes of countries with emerging markets?

Accepted Answer

A)  higher poverty than the developed world 
B)  low to middle average income 
C)  weak industrialization 
D)  all of the above 
A)  higher poverty than the developed world 
B)  low to middle average income 
C)  weak industrialization 
D)  all of the above

Question 16

Trade policy is typically designed to help domestic firms compete.

Accepted Answer

A) True 
 B)False

Question 17

Comparative advantage is associated with the benefits due to a firm's home country.

Accepted Answer

A) True 
 B)False

Question 18

The number of industries that exhibit both vertical and horizontal integration across countries is large.

Accepted Answer

A) True 
 B)False

Question 19

Industries remain nationally segmented because:

Accepted Answer

A)  no country has developed or discovered resources that are superior to other countries 
B)  no firm has a competitive advantage over firms in other countries 
C)  both of the above 
D)  neither of the above 
A)  no country has developed or discovered resources that are superior to other countries 
B)  no firm has a competitive advantage over firms in other countries 
C)  both of the above 
D)  neither of the above

Question 20

Which of the following factors support the openness of a country's macro environment?

Accepted Answer

A)  low barriers to FDI 
B)  strength of nongovernmental organizations 
C)  media independence 
D)  all of the above 
A)  low barriers to FDI 
B)  strength of nongovernmental organizations 
C)  media independence 
D)  all of the above

Which of the following is generally not an option in organizing globally in the single business firm?

Which of the following best captures the definition of a successful global firm?

Multidomestic firms have interdependent assets and resources across countries.

Which of the following is not a potential economic benefit from locating in a particular geographical region?

The standard explanation of regional advantage is based on the equal geographical distribution of resources.

Which of the following promotes technological spillovers within a region?

Which of the following factors is not part of Porter's diamond model?

How might price regulation affect a firm's international expansion?

Firms integrate activities across countries to lower costs through economies of scale or scope.

A horizontally integrated industry is one in which:

Product innovations diffuse more quickly across regions whereas process innovations diffuse more quickly within regions.

Locating where a labor pool already exists adds value to a firm when the firm faces some uncertainty in its employee needs.

Why do firms in many industries tend to cluster together in a geographical region?

Which of the following reduces the threat of appropriation associated with political risk?

Which of the following are attributes of countries with emerging markets?

Trade policy is typically designed to help domestic firms compete.

Comparative advantage is associated with the benefits due to a firm's home country.

The number of industries that exhibit both vertical and horizontal integration across countries is large.

Industries remain nationally segmented because:

Which of the following factors support the openness of a country's macro environment?

Competitive Advantage

Industry Analysis

Strategy Over Time: Growth and Innovation

Strategy Execution

Partnering

Vertical Integration and Outsourcing

Partnering

New Business Development

Managing the Multibusiness Firm

Corporate Governance

Filters

Exam 8: Global Strategy

Which of the following is generally not an option in organizing globally in the single business firm?

Which of the following best captures the definition of a successful global firm?

Multidomestic firms have interdependent assets and resources across countries.

Which of the following is not a potential economic benefit from locating in a particular geographical region?

The standard explanation of regional advantage is based on the equal geographical distribution of resources.

Which of the following promotes technological spillovers within a region?

Which of the following factors is not part of Porter's diamond model?

How might price regulation affect a firm's international expansion?

Firms integrate activities across countries to lower costs through economies of scale or scope.

A horizontally integrated industry is one in which:

Product innovations diffuse more quickly across regions whereas process innovations diffuse more quickly within regions.

Locating where a labor pool already exists adds value to a firm when the firm faces some uncertainty in its employee needs.

Why do firms in many industries tend to cluster together in a geographical region?

Which of the following reduces the threat of appropriation associated with political risk?

Which of the following are attributes of countries with emerging markets?

Trade policy is typically designed to help domestic firms compete.

Comparative advantage is associated with the benefits due to a firm's home country.

The number of industries that exhibit both vertical and horizontal integration across countries is large.

Industries remain nationally segmented because:

Which of the following factors support the openness of a country's macro environment?

Competitive Advantage

Industry Analysis

Strategy Over Time: Growth and Innovation

Strategy Execution

Partnering

Vertical Integration and Outsourcing

Partnering

New Business Development

Managing the Multibusiness Firm

Corporate Governance

Filters