Question 1

When MTV engages in the creation,programming,and broadcasting of content,such as music videos and thematic shows,it is carrying out the function of:

Accepted Answer

A)  marketing and sales.
B)  logistics.
C)  production.
D)  human resource management.E) None of the above
F) C) and D)

Question 2

Among global firms,which of the following is NOT a factor that is driving pressures for local responsiveness?

Accepted Answer

A)  Differences in distribution channels
B)  Differences in infrastructure and traditional practices
C)  Similarities in consumer tastes and preferences
D)  Host-government demandsE) None of the above
F) All of the above

Question 3

In terms of attaining a competitive advantage,support activities can be as important as the "primary" activities of the firm.

Accepted Answer

A) True 
 B)False

Question 4

Pressures for local responsiveness imply that it is easier to leverage skills and products associated with a firm's core competencies wholesale from one nation to another.

Accepted Answer

A) True 
 B)False

Question 5

A firm's _____ can be defined as the actions that managers take to attain the goals of the firm.

Accepted Answer

A)  systems
B)  value chain
C)  mission
D)  strategyE) All of the above
F) B) and D)

Question 6

International strategy involves taking products first produced for their domestic market and selling them internationally with only minimal local customization.

Accepted Answer

A) True 
 B)False

Question 7

The key to making a strategic alliance work is that the two firms must approach the alliance with radically different agendas.

Accepted Answer

A) True 
 B)False

Question 8

A global car manufacturer wants to set a shop in China.While catering to local responsiveness,what can the firm do to reap scale economies?

Accepted Answer

A)  Recruit skilled candidates with sufficient industry experience
B)  Use common vehicle platforms and components across many different models
C)  Shorten the production runs for each component
D)  Increase the duplication of functions required for each operationE) B) and D)
F) A) and B)

Question 9

Which of the following is true of learning effects?

Accepted Answer

A)  Learning effects tend to be more significant in non-repetitive tasks.
B)  Learning effects tend to be less significant when a task is technologically complex.
C)  Learning effects typically last a lifetime.
D)  Learning effects are important only during the start-up period of a new process.E) A) and D)
F) None of the above

Question 10

_____ refers to the manner in which decisions are made and work is performed within the organization.

Accepted Answer

A)  Processes
B)  Mores
C)  Modes
D)  ControlsE) All of the above
F) B) and C)

Question 11

Xerox had a monopoly on photocopiers for several years as the technology underlying the photocopier was protected by strong patents.As it served a universal need,this favorable position led Xerox to pursue a(n) _____ strategy.

Accepted Answer

A)  global standardization
B)  localization
C)  international
D)  transnationalE) A) and D)
F) All of the above

Question 12

Which of the following is true about experience curve?

Accepted Answer

A)  Moving down the experience curve forces a firm to increase its cost of creating value.
B)  The firm that moves up in the experience curve most rapidly will have a cost advantage vis-à-vis its competitors.
C)  Gradually decreasing the volume produced by a single plant as rapidly as possible is one key to progressing downward on the experience curve.
D)  Serving a global market from a single location is consistent with moving down the experience curve.E) A) and B)
F) A) and C)

Question 13

When customers place an order for a Dell product over the firm's Web site,that data is immediately transmitted,via the Internet,to suppliers,who then configure their production schedules to produce and ship that product so that it arrives at the right assembly plant at the right time,thus reducing the amount of inventory held at factories and saving costs.This is an example of how a company can use its _____ to create value.

Accepted Answer

A)  finance function
B)  information systems
C)  human resources
D)  service functionE) None of the above
F) A) and D)

Question 14

Profit growth is measured by:

Accepted Answer

A)  dividing the net profits of the firm by total invested capital.
B)  subtracting the previous year's gross profit from the current year's gross profit.
C)  calculating the difference between the previous year's profitability and the current year's profitability.
D)  the percentage increase in net profits over time.E) A) and D)
F) A) and C)

Question 15

Firms that compete in the global marketplace typically face two types of competitive pressures: pressures for _____ and pressures to _____.

Accepted Answer

A)  increasing investment;minimize plant utilization
B)  labor skill enhancement;globalize
C)  cost reductions;be locally responsive
D)  global promotions;move up the experience curveE) B) and D)
F) All of the above

Question 16

Successful global expansion requires the transfer of core competencies to foreign markets where indigenous competitors lack them.

Accepted Answer

A) True 
 B)False

Question 17

For an international business,which of the following is a necessary outcome of threats of protectionism and nationalism?

Accepted Answer

A)  Attractiveness of location economies
B)  Pressures for localization
C)  Standardization of products or services
D)  Pressures for cost reductionsE) B) and D)
F) B) and C)

Question 18

Which of the following is an example of support activity in a firm?

Accepted Answer

A)  Research and development
B)  Customer service
C)  Marketing and sales
D)  Information systemsE) A) and B)
F) A) and C)

Question 19

How do firms respond when being confronted with low cost pressures and low pressures for local responsiveness?

Accepted Answer

Sometimes,multinational firms find thems...

Question 20

If the most productive labor force for assembly operations is in Mexico,assembly operations should be based in Mexico.This is based on the principle of:

Accepted Answer

A)  geographic markets.
B)  the experience curve.
C)  economies of scale.
D)  location economies.E) C) and D)
F) B) and D)

Exam 11: The Strategy of International Business

International strategy involves taking products first produced for their domestic market and selling them internationally with only minimal local customization.

Correct Answer
verified

Xerox had a monopoly on photocopiers for several years as the technology underlying the photocopier was protected by strong patents.As it served a universal need,this favorable position led Xerox to pursue a(n) _____ strategy.

Correct Answer
verified

Firms that compete in the global marketplace typically face two types of competitive pressures: pressures for _ and pressures to _.

Correct Answer
verified

Which of the following is true of learning effects?

Correct Answer
verified

Which of the following is true about experience curve?

Correct Answer
verified

A global car manufacturer wants to set a shop in China.While catering to local responsiveness,what can the firm do to reap scale economies?

Correct Answer
verified

How do firms respond when being confronted with low cost pressures and low pressures for local responsiveness?

Correct Answer
verified
Sometimes,multinational firms find thems...
View Answer

Correct Answer
verified

In terms of attaining a competitive advantage,support activities can be as important as the "primary" activities of the firm.

Correct Answer
verified

Profit growth is measured by:

Correct Answer
verified

If the most productive labor force for assembly operations is in Mexico,assembly operations should be based in Mexico.This is based on the principle of:

Correct Answer
verified

Which of the following is an example of support activity in a firm?

Correct Answer
verified

Among global firms,which of the following is NOT a factor that is driving pressures for local responsiveness?

Correct Answer
verified

Successful global expansion requires the transfer of core competencies to foreign markets where indigenous competitors lack them.

Correct Answer
verified

_____ refers to the manner in which decisions are made and work is performed within the organization.

Correct Answer
verified

A firm's _____ can be defined as the actions that managers take to attain the goals of the firm.

Correct Answer
verified

When MTV engages in the creation,programming,and broadcasting of content,such as music videos and thematic shows,it is carrying out the function of:

Correct Answer
verified

The key to making a strategic alliance work is that the two firms must approach the alliance with radically different agendas.

Correct Answer
verified

For an international business,which of the following is a necessary outcome of threats of protectionism and nationalism?

Correct Answer
verified

Pressures for local responsiveness imply that it is easier to leverage skills and products associated with a firm's core competencies wholesale from one nation to another.

Correct Answer
verified

Exam 11: The Strategy of International Business

International strategy involves taking products first produced for their domestic market and selling them internationally with only minimal local customization.

Correct AnswerverifiedShow Answer

Xerox had a monopoly on photocopiers for several years as the technology underlying the photocopier was protected by strong patents.As it served a universal need,this favorable position led Xerox to pursue a(n) _____ strategy.

Correct AnswerverifiedShow Answer

Firms that compete in the global marketplace typically face two types of competitive pressures: pressures for _____ and pressures to _____.

Correct AnswerverifiedShow Answer

Which of the following is true of learning effects?

Correct AnswerverifiedShow Answer

Which of the following is true about experience curve?

Correct AnswerverifiedShow Answer

A global car manufacturer wants to set a shop in China.While catering to local responsiveness,what can the firm do to reap scale economies?

Correct AnswerverifiedShow Answer

How do firms respond when being confronted with low cost pressures and low pressures for local responsiveness?

Correct AnswerverifiedSometimes,multinational firms find thems...View AnswerShow Answer

Correct AnswerverifiedShow Answer

In terms of attaining a competitive advantage,support activities can be as important as the "primary" activities of the firm.

Correct AnswerverifiedShow Answer

Profit growth is measured by:

Correct AnswerverifiedShow Answer

If the most productive labor force for assembly operations is in Mexico,assembly operations should be based in Mexico.This is based on the principle of:

Correct AnswerverifiedShow Answer

Which of the following is an example of support activity in a firm?

Correct AnswerverifiedShow Answer

Among global firms,which of the following is NOT a factor that is driving pressures for local responsiveness?

Correct AnswerverifiedShow Answer

Successful global expansion requires the transfer of core competencies to foreign markets where indigenous competitors lack them.

Correct AnswerverifiedShow Answer

_____ refers to the manner in which decisions are made and work is performed within the organization.

Correct AnswerverifiedShow Answer

A firm's _____ can be defined as the actions that managers take to attain the goals of the firm.

Correct AnswerverifiedShow Answer

When MTV engages in the creation,programming,and broadcasting of content,such as music videos and thematic shows,it is carrying out the function of:

Correct AnswerverifiedShow Answer

The key to making a strategic alliance work is that the two firms must approach the alliance with radically different agendas.

Correct AnswerverifiedShow Answer

For an international business,which of the following is a necessary outcome of threats of protectionism and nationalism?

Correct AnswerverifiedShow Answer

Pressures for local responsiveness imply that it is easier to leverage skills and products associated with a firm's core competencies wholesale from one nation to another.

Correct AnswerverifiedShow Answer

Correct Answer
verified

Correct Answer
verified

Firms that compete in the global marketplace typically face two types of competitive pressures: pressures for _ and pressures to _.

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
Sometimes,multinational firms find thems...
View Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified