Exam 10: Global Strategy: Competing Around the World

The _____ states that geographic location alone should not lead to firm-level competitive advantage because firms are now,more than ever,able to source inputs globally.

Which of the following modes of entering a foreign market allows for the lowest level of control?

Marc Works Inc.,a reputed brand for fine writing instruments,is implementing an international strategy in its firms.Torque Inc.,a laptop brand,is pursuing a global-standardization strategy in its firms.Which of the following statements most likely holds true in this scenario?

Which of the following factors is the most important determinant of economic distance?

A firm following a multidomestic strategy

Hans is a strategist who wants to decide on the appropriate strategy to help his firm "go global." Which of the following should Hans consider while choosing his strategy?

Zeda is a country of English-speaking people and has a very profitable economy.Which of the following countries is most likely to be the closest to Zeda in terms of cultural distance?

Which of the following has been a key driver for firms to expand globally during the Globalization 3.0 stage?

Which of the following is the most likely advantage of using foreign acquisitions or greenfield plants as a foreign entry mode?

_____ is a process of closer integration and exchange between different countries and peoples worldwide.

Jane is the CEO of a clothing brand,Diva Rule Inc.,which has retail stores and production units in five different countries.The firm's shareholders ensure the proper management of Diva Rule Inc.through their appointed board of directors.In this scenario,Diva Rule Inc.is most likely a

Jade Mobiles Inc.,a cell phone manufacturing company,has its product development centers located in the U.S.and South Korea.The manufacturing units are located in China and Philippines to benefit from low-labor costs and access to original equipment manufacturers.This allows the company to competitively price its cell phones.Also,the various phone models sold by the company are uniform in all the foreign markets it operates in.In this scenario,which of the following strategies does Jade Mobiles Inc.most likely pursue?

Octa Autos Inc.wants to globally expand its market.It intends to ensure that its mode of foreign entry allows it to have strong control over its operations and protect its intellectual property,though it may mean investing a significant amount of capital and other resources.In this scenario,which of the following foreign entry modes would best suit Octa Autos Inc.?

A firm is said to be pursuing a polycentric innovation strategy when

Ridemore Autos Inc.has shifted its research and development unit from its home country to Germany.This allows the company to be better informed about the latest developments in the automotive industry by tapping into the highly advanced automotive industry in Germany.In this scenario,Ridemore Autos Inc.is reaping the benefits of

During the period of Globalization 1.0,the mode of entry into foreign markets primarily involved

Why did the American MTV network cable channel fail when pursuing a global-standardization strategy?

Which of the following accurately describes what the integration-responsiveness framework does?

Some of the best engineering and car companies are in Germany.Thus,it can be concluded that Germany has a _____ in the automobile industry.

After testing its products in foreign markets by pursuing an international strategy,GR Foods Inc.wants to expand by pursuing a multidomestic strategy.How will this most likely affect the company?