Question 1

In 1950 two-thirds of the world population were living in extreme poverty.

Accepted Answer

A) True 
 B)False  True

Question 2

Which of the following is regarded as a characteristic of born global firms?

Accepted Answer

A)  Many born global firms are technology firms 
B)  Many born global firms are manufacturing firms 
C)  Many born global firms are service sector firms 
D)  Many born global firms are based in the southern hemisphere A

Question 3

Which of the following is not a factor that drives complexity in internationalization?

Accepted Answer

A)  Differing resource stocks 
B)  Differing competitive conditions between countries 
C)  Differing political and economic conditions 
D)  Differing demographics, social norms and behaviours, cultures, and religions A

Question 4

Which two of the following are cited as drivers of globalization by Yip (1995)?

Accepted Answer

A)  Cost drivers 
B)  Government drivers 
C)  Resource drivers 
D)  Operational drivers

Question 5

Which of the following is not one of the dimensions of the CAGE framework?

Accepted Answer

A)  Environment 
B)  Cultural 
C)  Economic 
D)  Administrative

Question 6

Which of the following is considered as an additional factor that can be added to the factors explaining Porter's theory of national advantage?

Accepted Answer

A)  The role of chance 
B)  The role of capital investment 
C)  The role of the market 
D)  The role of innovation

Question 7

Glocalization is an approach associated with:

Accepted Answer

A)  A transnational strategy 
B)  A multidomestic strategy 
C)  A global strategy 
D)  An international strategy

Question 8

Spreading business risk across a wider operating base is cited as a reason for internationalizing.

Accepted Answer

A) True 
 B)False

Question 9

Which two of the following are regarded as globalization drivers that are additional to Yip (1995) list?

Accepted Answer

A)  Lower transportation 
B)  ICT development 
C)  Road infrastructure 
D)  Strategic acquisitions

Question 10

A multidomestic strategy is concerned with:

Accepted Answer

A)  Differentiating products 
B)  Standardizing products 
C)  Hybrid adaptation of products 
D)  Innovation in products

Exam 12: Competing in a Globalized World