Exam 7: International Strategy: Creating Value in Global Markets

In choosing one of the four basic strategies for competing in the global marketplace (international, global, multidomestic, transnational), the strategy that a company selects depends upon the degree of pressure that it is facing for revenues.

(True/False)

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Question 21

A multidomestic strategy would likely include the use of high volume, centralized production facilities to maximize economies of scale.

(True/False)

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Question 22

Renault paid 1 billion USD to acquire a 25 percent ownership stake in the Russian automaker AvtoVAZ in 2008. Just one year later, Russian Prime Minister Vladimir Putin threatened to dilute the Renault ownership stake unless it contributed more money to prop up AvtoVAZ, which was then experiencing a significant slide in sales. This is an example of _____________ risk.

(Multiple Choice)

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Question 23

Expanding the global presence of a firm automatically increases its scale of operations.

(True/False)

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Question 24

The trade among nations has increased dramatically in recent years, and it is estimated that by 2015 the trade __ nations will exceed the trade _ nations.

(Multiple Choice)

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Question 25

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

(True/False)

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Question 26

Countries with a strong supplier base benefit by adding efficiency to downstream activities.

(True/False)

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Question 27

Which of the following is a reason for the rise in regional expansion?

(Multiple Choice)

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Question 28

Wholly owned subsidiaries are least appropriate where a firm already has the appropriate knowledge and capabilities that it can leverage rather easily through multiple locations.

(True/False)

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Question 29

__________ are most appropriate when a firm already has the appropriate knowledge and capabilities that it can leverage rather easily through multiple locations in many countries.

(Multiple Choice)

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Question 30

The Michael Porter Diamond of National Advantage is a framework that explains why countries foster successful multinational corporations based on factor endowments and demand conditions only.

(True/False)

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Question 31

GE Healthcare developed a portable, inexpensive ultrasound device for the emerging Chinese market. It expects to sell the device in the United States at a price cheap enough for every physician, paramedic, and emergency room nurse to purchase. This is an example of

(Multiple Choice)

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Question 32

In reviewing the Indian Software industry and the diamond of national advantage, which of the following is a relatively weak set of factors in the national competitive advantage in this industry?

(Multiple Choice)

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Question 33

According to The Economist article explained in Exhibit 7.1 in the textbook, the rate of GDP growth is the highest in the European Union and the United States.

(True/False)

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(36)

Question 34

Exporting is an expensive way to enter foreign markets.

(True/False)

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(46)

Question 35

Demanding domestic consumers tend to push firms to move ahead of companies in other countries where consumers are less demanding and more complacent.

(True/False)

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Question 36

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

(True/False)

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Question 37

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

(True/False)

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Question 38

By 2015, it is predicted that trade within nations will exceed trade across nations.

(True/False)

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(35)

Question 39

Globalization is a term used to mean the growing dissimilarity of laws, rules, norms, values and ideas across countries.

(True/False)

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Question 40

Showing 21 - 40 of 140

In choosing one of the four basic strategies for competing in the global marketplace (international, global, multidomestic, transnational), the strategy that a company selects depends upon the degree of pressure that it is facing for revenues.

A multidomestic strategy would likely include the use of high volume, centralized production facilities to maximize economies of scale.

Expanding the global presence of a firm automatically increases its scale of operations.

The trade among nations has increased dramatically in recent years, and it is estimated that by 2015 the trade __ nations will exceed the trade _ nations.

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

Countries with a strong supplier base benefit by adding efficiency to downstream activities.

Which of the following is a reason for the rise in regional expansion?

Wholly owned subsidiaries are least appropriate where a firm already has the appropriate knowledge and capabilities that it can leverage rather easily through multiple locations.

__________ are most appropriate when a firm already has the appropriate knowledge and capabilities that it can leverage rather easily through multiple locations in many countries.

The Michael Porter Diamond of National Advantage is a framework that explains why countries foster successful multinational corporations based on factor endowments and demand conditions only.

GE Healthcare developed a portable, inexpensive ultrasound device for the emerging Chinese market. It expects to sell the device in the United States at a price cheap enough for every physician, paramedic, and emergency room nurse to purchase. This is an example of

In reviewing the Indian Software industry and the diamond of national advantage, which of the following is a relatively weak set of factors in the national competitive advantage in this industry?

According to The Economist article explained in Exhibit 7.1 in the textbook, the rate of GDP growth is the highest in the European Union and the United States.

Exporting is an expensive way to enter foreign markets.

Demanding domestic consumers tend to push firms to move ahead of companies in other countries where consumers are less demanding and more complacent.

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

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

By 2015, it is predicted that trade within nations will exceed trade across nations.

Globalization is a term used to mean the growing dissimilarity of laws, rules, norms, values and ideas across countries.

Strategic Management: Creating Competitive Advantages

Analyzing the External Environment of the Firm: Creating Competitive Advantages

Assessing the Internal Environment of the Firm

Recognizing a Firms Intellectual Assets: Moving Beyond a Firms Tangible Resources

Business-Level Strategy: Creating and Sustaining Competitive Advantages

Corporate-Level Strategy: Creating Value Through Diversification

Entrepreneurial Strategy and Competitive Dynamics

Strategic Control and Corporate Governance

Creating Effective Organizational Designs

Strategic Leadership: Creating a Learning Organization and an Ethical Organization

Managing Innovation and Fostering Corporate Entrepreneurship

Filters

Exam 7: International Strategy: Creating Value in Global Markets

In choosing one of the four basic strategies for competing in the global marketplace (international, global, multidomestic, transnational), the strategy that a company selects depends upon the degree of pressure that it is facing for revenues.

A multidomestic strategy would likely include the use of high volume, centralized production facilities to maximize economies of scale.

Expanding the global presence of a firm automatically increases its scale of operations.

The trade among nations has increased dramatically in recent years, and it is estimated that by 2015 the trade ________ nations will exceed the trade _______ nations.

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

Countries with a strong supplier base benefit by adding efficiency to downstream activities.

Which of the following is a reason for the rise in regional expansion?

Wholly owned subsidiaries are least appropriate where a firm already has the appropriate knowledge and capabilities that it can leverage rather easily through multiple locations.

__________ are most appropriate when a firm already has the appropriate knowledge and capabilities that it can leverage rather easily through multiple locations in many countries.

The Michael Porter Diamond of National Advantage is a framework that explains why countries foster successful multinational corporations based on factor endowments and demand conditions only.

GE Healthcare developed a portable, inexpensive ultrasound device for the emerging Chinese market. It expects to sell the device in the United States at a price cheap enough for every physician, paramedic, and emergency room nurse to purchase. This is an example of

In reviewing the Indian Software industry and the diamond of national advantage, which of the following is a relatively weak set of factors in the national competitive advantage in this industry?

According to The Economist article explained in Exhibit 7.1 in the textbook, the rate of GDP growth is the highest in the European Union and the United States.

Exporting is an expensive way to enter foreign markets.

Demanding domestic consumers tend to push firms to move ahead of companies in other countries where consumers are less demanding and more complacent.

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

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

By 2015, it is predicted that trade within nations will exceed trade across nations.

Globalization is a term used to mean the growing dissimilarity of laws, rules, norms, values and ideas across countries.

Strategic Management: Creating Competitive Advantages

Analyzing the External Environment of the Firm: Creating Competitive Advantages

Assessing the Internal Environment of the Firm

Recognizing a Firms Intellectual Assets: Moving Beyond a Firms Tangible Resources

Business-Level Strategy: Creating and Sustaining Competitive Advantages

Corporate-Level Strategy: Creating Value Through Diversification

Entrepreneurial Strategy and Competitive Dynamics

Strategic Control and Corporate Governance

Creating Effective Organizational Designs

Strategic Leadership: Creating a Learning Organization and an Ethical Organization

Managing Innovation and Fostering Corporate Entrepreneurship

Filters

The trade among nations has increased dramatically in recent years, and it is estimated that by 2015 the trade __ nations will exceed the trade _ nations.