Exam 7: International Strategy: Creating Value in Global Markets
Exam 1: Strategic Management: Creating Competitive Advantages174 Questions
Exam 2: Analyzing the External Environment of the Firm: Creating Competitive Advantages173 Questions
Exam 3: Assessing the Internal Environment of the Firm174 Questions
Exam 4: Recognizing a Firms Intellectual Assets: Moving Beyond a Firms Tangible Resources173 Questions
Exam 5: Business-Level Strategy: Creating and Sustaining Competitive Advantages163 Questions
Exam 6: Corporate-Level Strategy: Creating Value Through Diversification114 Questions
Exam 7: International Strategy: Creating Value in Global Markets140 Questions
Exam 8: Entrepreneurial Strategy and Competitive Dynamics115 Questions
Exam 9: Strategic Control and Corporate Governance116 Questions
Exam 10: Creating Effective Organizational Designs121 Questions
Exam 11: Strategic Leadership: Creating a Learning Organization and an Ethical Organization139 Questions
Exam 12: Managing Innovation and Fostering Corporate Entrepreneurship121 Questions
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Increasing international exchange in goods and services can run into the difficulty of having one offer that meets the needs of customers at differing income levels.
(True/False)
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Which of these points on the Porter diamond of national advantage is the strongest indicator of global competitive success?
(Multiple Choice)
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Wholly owned subsidiaries are typically the most expensive and risky entry mode. The risk is shared, however, with the company partners.
(True/False)
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According to Exhibit 7.1 in the textbook, the country experiencing the lowest rate of growth in GDP from 2001-2011 was
(Multiple Choice)
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Firms following a global strategy strive to offer __________ products and services as well as locate manufacturing, Research and Development, and marketing activities in a limited number of locations.
(Multiple Choice)
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The difference between a franchise contract and a licensing contract is that a
(Multiple Choice)
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__________ occurs when a firm decides to utilize other firms to perform value-creating activities that were previously performed in-house.
(Multiple Choice)
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Which of the following types of international firms are most likely to benefit from a global strategy as opposed to a multidomestic strategy?
(Multiple Choice)
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The U.S. and Mexico are close geographically and so is the true distance.
(True/False)
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A limitation of a multidomestic strategy is that it may lead to over-adaptation as conditions change.
(True/False)
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Licensing is a contractual arrangement that involves a long period of time and includes factors such as monitoring of operations, training, and advertising.
(True/False)
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The rise of _________ capitalism around the world creates tremendous business opportunities for multinational corporations.
(Multiple Choice)
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A multidomestic strategy is the most appropriate strategy for international operations, because it drives economies of scale as far as possible and provides a middle-of-the-road product that appeal to the largest number of consumers in every market.
(True/False)
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A __________ is a business in which a multinational company owns 100 percent of the stock.
(Multiple Choice)
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Arbitrage opportunities in global financial markets are more attractive to global companies than local corporations, because they enable them to buy in huge volume and therefore increase their bargaining power with suppliers.
(True/False)
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The Indian software industry has become one of the leading global markets for software. The industry has grown to over 60 billion USD, and Indian IT firms provide software and services to over half the Fortune 500 firms. This success is being driven by related and supporting industries such as a large network of public and private educational institutions.
(True/False)
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A franchise generally expires after a few years, whereas a license is designed to last into perpetuity.
(True/False)
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The shift in the global automobile market over the past several years, in which China supplanted the U.S. at the largest market for automobiles in 2009, is an example of how the structure of the global economy is unchanging.
(True/False)
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In reviewing the Indian Software industry and the diamond of national advantage, which of the following is a growing detractor to the national competitive advantage in this industry?
(Multiple Choice)
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Regions represent the outcomes of centuries of political and cultural history that results in not only _________ but also mutual _____________.
(Multiple Choice)
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