Exam 9: Global Strategies and International Advantage

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Which term is used to describe an industry where consumer tastes are not homogenous across all national markets?

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C

According to Bartlett and Ghoshal (1989), MNEs following a multidomestic strategy were typically from

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C

According to Rugman and D'Cruz (2000), a 'flagship' firm is one which

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B

The activities of the value chain of an international firm are likely to be geared towards either global standardization or local adaptation.

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Which kind of strategy is most suitable for high street retailing?

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How effective is the transnational organizational form in addressing the strategic challenges of globalized industries?

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In international business, the USA, Japan and the EU form what is commonly known as the

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Explain why a global standardization strategy would not be suitable for a high street retailer.

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Which of the following models can be used to understand why some countries have global competitive advantage in certain industries?

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Production and assembly of automobiles is suitable for which kind of strategy?

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The 500 largest multinational enterprises in the world accounts for how much of all FDI?

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According to Ghoshal (1987) there are three fundamental tools for building global competitive advantage. These are achieving economies of scale, achieving economies of scope and

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Which of the following statements describes the transnational strategy?

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When an international business decides on how to configure the value chain, it is deciding

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Explain using Stopford and Wells model how an internationalizing firm would typically develop.

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Describe the factors in Porter's Diamond of National Advantage.

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According to Porter, the determinants of national competitive advantage are

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Some MNEs benefit from the factor conditions outside its home base in achieving global competitive advantage. This is known as

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Which writer compelled multinational firms to treat the world as one market?

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The competitive advantage matrix of Rugman and Hodgetts (2003) is used as a basis for understanding the basis of competitive advantage of firms.The matrix is based around two variables - firm specific advantages and

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