Exam 13: Exporting and Global Sourcing

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Global sourcing becomes a catalyst to overhaul organizational processes and company operations and increases the firm's overall competitive advantages by ________.

(Multiple Choice)

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Question 41

Which of the following would be most important to determine in deciding whether to outsource some of Echo's value-chain activities?

(Multiple Choice)

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Question 42

Which of the following would most likely be considered by the consultants while deciding whether to keep each value-adding activity in the home country or locate it in a foreign country?

(Multiple Choice)

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Question 43

Which of the following is an advantage of exporting?

(Multiple Choice)

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Question 44

Which of the following is most likely to occur if a U.S. firm outsources some of its business operations to a Japanese company, and the Japanese yen strengthens against the dollar?

(Multiple Choice)

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Question 45

In a short essay, explain how global sourcing can affect home-country employees.

(Essay)

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Question 46

Business activities that would most likely be offshored are characterized by ________.

(Multiple Choice)

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Question 47

In a short essay, explain the factors involved in a firm's decision to use indirect exporting or direct exporting.

(Essay)

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Question 48

________ refers to sourcing from the firm's own production facilities.

(Multiple Choice)

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Question 49

Back-office activities consist of downstream, customer-related services.

(True/False)

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Question 50

Which of the following is true with regard to the risks of global sourcing?

(Multiple Choice)

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Question 51

In a short essay, describe three key drivers responsible for the recent growth of global sourcing.

(Essay)

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Question 52

Transformational outsourcing suggests that just as the firm achieves gains in efficiency, productivity, quality, and revenues by leveraging offshore talent, it also obtains the means to turn around failing businesses, speed up innovation, restructure operations, and fund otherwise-unaffordable development projects.

(True/False)

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Question 53

Critics of global sourcing maintain that it ________.

(Multiple Choice)

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Question 54

Firms usually internalize those value-chain activities they consider part of their core competencies.

(True/False)

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Question 55

Which of the following is a characteristic of direct exporting?

(Multiple Choice)

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Question 56

Which of the following services cannot be exported?

(Multiple Choice)

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Question 57

Compared to other entry strategies, exporting minimizes risk and maximizes flexibility.

(True/False)

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Question 58

How do firms decide whether or not to outsource? In a short essay, describe the factors that contribute to the decision to internalize or externalize business activities.

(Essay)

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Question 59

Exporting and importing collectively refers to international trade.

(True/False)

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Question 60

Showing 41 - 60 of 107

Global sourcing becomes a catalyst to overhaul organizational processes and company operations and increases the firm's overall competitive advantages by ________.

Which of the following would be most important to determine in deciding whether to outsource some of Echo's value-chain activities?

Which of the following would most likely be considered by the consultants while deciding whether to keep each value-adding activity in the home country or locate it in a foreign country?

Which of the following is an advantage of exporting?

Which of the following is most likely to occur if a U.S. firm outsources some of its business operations to a Japanese company, and the Japanese yen strengthens against the dollar?

In a short essay, explain how global sourcing can affect home-country employees.

Business activities that would most likely be offshored are characterized by ________.

In a short essay, explain the factors involved in a firm's decision to use indirect exporting or direct exporting.

________ refers to sourcing from the firm's own production facilities.

Back-office activities consist of downstream, customer-related services.

Which of the following is true with regard to the risks of global sourcing?

In a short essay, describe three key drivers responsible for the recent growth of global sourcing.

Critics of global sourcing maintain that it ________.

Firms usually internalize those value-chain activities they consider part of their core competencies.

Which of the following is a characteristic of direct exporting?

Which of the following services cannot be exported?

Compared to other entry strategies, exporting minimizes risk and maximizes flexibility.

How do firms decide whether or not to outsource? In a short essay, describe the factors that contribute to the decision to internalize or externalize business activities.

Exporting and importing collectively refers to international trade.

Introduction: What Is International Business

Globalization of Markets and the Internationalization of the Firm

The Cultural Environment of International Business

Ethics, Corporate Social Responsibility, Sustainability and Corporate Governance

Theories of International Trade and Investment

Political and Legal Systems in National Environments

Government Intervention and Regional Economic Integration

Understanding Emerging Markets

The International Monetary and Financial Environment

Financial Management and Accounting in the Global Firm

Strategy and Organization in the International Firm

Global Market Opportunity Assessment

Foreign Direct Investment and Collaborative Ventures

Licensing, Franchising, and Other Contractual Strategies

Marketing in the Global Firm

Human Resource Management in the Global Firm

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