Question 1

A global strategy involves supplying globally-standardized products.

Accepted Answer

A) True 
 B)False

Question 2

The theory of comparative advantage is concerned with:

Accepted Answer

A) The sources of real income differentials among countries 
B) The impact of resource availability on national competitiveness in particular industries 
C) The competitive advantages of low-wage countries 
D) The determinants of purchasing power parity (PPP)exchange rates between countries 
A) The sources of real income differentials among countries 
B) The impact of resource availability on national competitiveness in particular industries 
C) The competitive advantages of low-wage countries 
D) The determinants of purchasing power parity (PPP)exchange rates between countries

Question 3

Porter's "national diamond" framework suggests that a significant factor explaining the dominance by German firms of the world market for luxury and high-performance automobiles is to be found more in the factors of production available in Germany than in the demand characteristics of German consumers.

Accepted Answer

A) True 
 B)False

Question 4

According to Porter's "national diamond" analysis,the competitive advantage of Swiss firms in watches,German firms in luxury cars,and Japanese firms in cameras is a result of:

Accepted Answer

A) The availability of highly skilled workers in each of these countries 
B) The lack of natural resources in each of these countries 
C) The characteristics of local demand in each of these countries 
D) High levels of domestic competition 
A) The availability of highly skilled workers in each of these countries 
B) The lack of natural resources in each of these countries 
C) The characteristics of local demand in each of these countries 
D) High levels of domestic competition

Question 5

A common approach to reconciling the benefits of global scale with the need for national differentiation is to:

Accepted Answer

A) Develop a global brand but rely on local promotional activities 
B) Create standard product platforms in terms of design and components,then adapt product features,complementary services,and marketing approaches to national market conditions. 
C) Allow major national subsidiaries to the freedom to develop new products,then encourage other national subsidiaries to adopt them 
D) Develop globally standardized products but sell them under local brand names 
A) Develop a global brand but rely on local promotional activities 
B) Create standard product platforms in terms of design and components,then adapt product features,complementary services,and marketing approaches to national market conditions. 
C) Allow major national subsidiaries to the freedom to develop new products,then encourage other national subsidiaries to adopt them 
D) Develop globally standardized products but sell them under local brand names

A global strategy involves supplying globally-standardized products.

The theory of comparative advantage is concerned with:

According to Porter's "national diamond" analysis,the competitive advantage of Swiss firms in watches,German firms in luxury cars,and Japanese firms in cameras is a result of:

A common approach to reconciling the benefits of global scale with the need for national differentiation is to:

The Concept of Strategy

Goals, Values, and Performance

Industry Analysis: the Fundamentals

Further Topics in Industry and Competitive Analysis

Analyzing Resources and Capabilities

A : The Sources and Dimensions of Competitive Advantage

B :The Sources and Dimensions of Competitive Advantage

Industry Evolution and Strategic Change

Technology-Based Industries and the Management of Innovation

Vertical Integration and the Scope of the Firm

Diversification Strategy

Implementing Corporate Strategy: Managing the Multibusiness Firm

External Growth Strategies: Mergers, Acquisitions, and Alliances

Current Trends in Strategic Management

Filters

Exam 11: Global Strategy and the Multinational Corporation

A global strategy involves supplying globally-standardized products.

The theory of comparative advantage is concerned with:

According to Porter's "national diamond" analysis,the competitive advantage of Swiss firms in watches,German firms in luxury cars,and Japanese firms in cameras is a result of:

A common approach to reconciling the benefits of global scale with the need for national differentiation is to:

The Concept of Strategy

Goals, Values, and Performance

Industry Analysis: the Fundamentals

Further Topics in Industry and Competitive Analysis

Analyzing Resources and Capabilities

A : The Sources and Dimensions of Competitive Advantage

B :The Sources and Dimensions of Competitive Advantage

Industry Evolution and Strategic Change

Technology-Based Industries and the Management of Innovation

Vertical Integration and the Scope of the Firm

Diversification Strategy

Implementing Corporate Strategy: Managing the Multibusiness Firm

External Growth Strategies: Mergers, Acquisitions, and Alliances

Current Trends in Strategic Management

Filters