Exam 7: International Strategy: Creating Value in Global Markets

The World Bank publishes the Euromoney magazine Country Risk Rating semiannual report.In the text,the January 2013 sampling of these ratings indicates that Norway is the best country in which to invest in terms of its expected level of risk based on the evaluation of its political,economic and structural risks and debt indicators and access to capital.

(True/False)

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Question 81

According to the textbook,globalization involves international exchange.Included in this exchange is trade in goods and services as well as the exchange of ,,and _ across countries.

(Multiple Choice)

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Question 82

International expansion can extend the life cycle of a product that is in its maturity stage in the company home country.

(True/False)

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(29)

Question 83

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

(True/False)

4.9/5

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Question 84

The need to attain economies of scale encourages multinational firms to operate under a multidomestic strategy.

(True/False)

4.7/5

(31)

Question 85

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)

4.9/5

(31)

Question 86

Which one of the following is not a Western hemisphere trade bloc?

(Multiple Choice)

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Question 87

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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Question 88

The factor endowments of a country are inherited and cannot be created.

(True/False)

5.0/5

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Question 89

Canada and Mexico are the same distance from the United States,but trade is higher between the U.S.and Canada than with Mexico because

(Multiple Choice)

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Question 90

__________ 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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Question 91

According to studies by Rugman and Verbeke,most of the 500 largest companies in the world are global.

(True/False)

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(36)

Question 92

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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Question 93

When considering the exporting decision,companies should consider that the ability to tailor their products to meet local market needs typically is very limited.

(True/False)

4.8/5

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Question 94

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

(Multiple Choice)

4.8/5

(34)

Question 95

With regard to factor conditions,the pool of resources that a firm (or nation)has is much more important than the speed and efficiency with which these resources are deployed.

(True/False)

4.9/5

(38)

Question 96

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

(True/False)

4.7/5

(34)

Question 97

What agreement entails the creation of a third-party legal entity?

(Multiple Choice)

5.0/5

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Question 98

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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(38)

Question 99

In addition to responding to pressures to lower costs,managers must strive to be responsive to global pressures in order to tailor their products to the demand of the local market in which they do business.

(True/False)

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Question 100

Showing 81 - 100 of 140

According to the textbook,globalization involves international exchange.Included in this exchange is trade in goods and services as well as the exchange of ,,and _ across countries.

International expansion can extend the life cycle of a product that is in its maturity stage in the company home country.

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

The need to attain economies of scale encourages multinational firms to operate under a multidomestic strategy.

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.

Which one of the following is not a Western hemisphere trade bloc?

According to Exhibit 7.1 in the textbook,the country experiencing the lowest rate of growth in GDP from 2001-2011 was

The factor endowments of a country are inherited and cannot be created.

Canada and Mexico are the same distance from the United States,but trade is higher between the U.S.and Canada than with Mexico because

__________ occurs when a firm decides to utilize other firms to perform value-creating activities that were previously performed in-house.

According to studies by Rugman and Verbeke,most of the 500 largest companies in the world are global.

When considering the exporting decision,companies should consider that the ability to tailor their products to meet local market needs typically is very limited.

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

With regard to factor conditions,the pool of resources that a firm (or nation)has is much more important than the speed and efficiency with which these resources are deployed.

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

What agreement entails the creation of a third-party legal entity?

Regions represent the outcomes of centuries of political and cultural history that results in not only _ but also mutual _____.

In addition to responding to pressures to lower costs,managers must strive to be responsive to global pressures in order to tailor their products to the demand of the local market in which they do business.

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

According to the textbook,globalization involves international exchange.Included in this exchange is trade in goods and services as well as the exchange of __________,__________,and _________ across countries.

International expansion can extend the life cycle of a product that is in its maturity stage in the company home country.

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

The need to attain economies of scale encourages multinational firms to operate under a multidomestic strategy.

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.

Which one of the following is not a Western hemisphere trade bloc?

According to Exhibit 7.1 in the textbook,the country experiencing the lowest rate of growth in GDP from 2001-2011 was

The factor endowments of a country are inherited and cannot be created.

Canada and Mexico are the same distance from the United States,but trade is higher between the U.S.and Canada than with Mexico because

__________ occurs when a firm decides to utilize other firms to perform value-creating activities that were previously performed in-house.

According to studies by Rugman and Verbeke,most of the 500 largest companies in the world are global.

When considering the exporting decision,companies should consider that the ability to tailor their products to meet local market needs typically is very limited.

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

With regard to factor conditions,the pool of resources that a firm (or nation)has is much more important than the speed and efficiency with which these resources are deployed.

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

What agreement entails the creation of a third-party legal entity?

Regions represent the outcomes of centuries of political and cultural history that results in not only _________ but also mutual _____________.

In addition to responding to pressures to lower costs,managers must strive to be responsive to global pressures in order to tailor their products to the demand of the local market in which they do business.

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

According to the textbook,globalization involves international exchange.Included in this exchange is trade in goods and services as well as the exchange of ,,and _ across countries.

Regions represent the outcomes of centuries of political and cultural history that results in not only _ but also mutual _____.