Exam 16: Corporate Strategy and Foreign Direct Investment

When multinational firms create barriers to entry by continually introducing new products and differentiating existing ones, both domestically and internationally, we may refer to them as __________ multinationals.

In the beginning stages of the exporting process, a major challenge is the

Which one of the following strategies do the senescent multinationals NOT follow when the competitive advantages in their product lines or markets become dissipated?

The choice of whether to sell abroad by exporting, licensing foreign producers, or manufacturing abroad depends on all of the following EXCEPT

Which one of the following multinational categories emphasizes spending large amounts of funds on research and development?

The term used by the author of the text to describe the size of operations required in certain industries to compete effectively in the global market place is known as __________.

Which one of the following would NOT be considered intangible capital?

Economies that exist when increasing production leads to a less-than-proportionate increase in costs are known as economies of __________.

Which one of the following was NOT a strategy used by the Japanese firm, Canon, in its attempts to enter the U.S. copier market that was dominated by Xerox?

__________ often provides multinationals with a valuable method to reduce currency and political risks.

In industries characterized by rapid production innovation and technical breakthroughs by foreign competitors, the __________ firms are known to excel.

Matsushita has leveraged its investment in advertising and distribution of Panasonic products in a number of consumer and industrial markets, ranging from PCs to VCRs. This is an example of

Economies of __________ exist whenever the same investment can support multiple profitable activities less expensively in combination than separately.

Apex Inc., a maker of consumer products, has certain organizational skills. These skills include knowing how best to service a market through new-product development and adaptation, quality control, advertising, distribution, and after-sales service. Based on these skills, Apex's best avenue to international expansion would appear to be

The senescent multinational has an advantage in its __________ capability to seek out lower-cost production sites.

One advantage of the senescent multinational is its __________ capability.

Successful multinational corporations are those that can

Foreign direct investment is most likely to be economically viable in those settings where

From a portfolio standpoint, the value of foreign direct investment depends on all of the following EXCEPT:

Multinationals own intangible capital in the form of __________.