Exam 7: International Strategy: Creating Value in Global Markets

Two opposing pressures that managers face when they compete in foreign markets are cost reduction and adaptation to foreign markets.

Rivalry is intense in nations with conditions of ________ consumer demand,________ supplier bases,and ________ new entrant potential from related industries.

A domestic corporation considering international expansion for the first time typically will follow which of these paths?

Which of the following is not a source of political risk in many countries?

Countries with demanding consumers,like environmentally-concerned Denmark,drive ________ to meet the demand.

The difference between a franchise contract and a licensing contract is that a

Industries in which proportionally more value is added in ________ activities are more likely to benefit from a global strategy.

As in the case of Siebel Systems (now part of Oracle),elements of a global strategy may facilitate the competitive advantage of differentiation by

Shared Spanish colonialism is one reason that explains regionalism tendencies in

Explain the role of factor endowments in the rise of the software industry in India.

A U.S.firm expands into China and Canada at exactly the same sales volume.The physical distance is the only factor that affects the true distance between the countries.

In Euromoney magazine's 2017 semi-annual "Country Risk Rating" evaluating political,economic,and other risks that entrants to international markets potentially face,which of the following countries have the next to the highest country economic risk?

Theodore Levitt,a marketing strategist,argued that people around the world are willing to sacrifice preferences in product features,functions,and design for lower prices and lower quality.

________ are fees that a multinational receives from a foreign licensee in return for its use of intellectual property (trademark,patent,trade secret,technology).

In considering the decision to offshore,which of the following generally is not one of the hidden costs?

A report issued by the World Trade Organization described the production of a particular U.S.car.The study showed that 30 percent of the car value goes to Korea for assembly,17.5 percent to Japan for components and advanced technology,7.5 percent to Germany for design,4 percent to Taiwan and Singapore for minor parts,2.5 percent to U.K.for advertising and marketing services,and 1.5 percent to Ireland and Barbados for data processing.This is an example of

If a company is considering optimizing the physical location for every activity in the value chain,which of the following is not a possible strategic advantage for that decision?

Which one of the following is not a strength of transnational strategies?

Because many countries are investing in countries other than their own,each country is becoming more autonomous and independent.

When firms expand into global markets,they are faced with the choice of reducing costs and/or adapting to the local market.When high pressures exist to lower costs,companies should choose a(n)________ strategy or ________ strategy in order to compete in the global marketplace.