Exam 7: International Strategies

A(n)________ is any type of international company that maintains operations in multiple countries.

How does the multicountry approach differ from the global approach?

A ________ decentralizes management and other decisions to the local country.

As a manufacturing company, CCP should probably use ________ in going international.

Explain the key differences between a multidomestic corporation and a global company.

What are the important potential advantages of being international?

The ________ approach is one in which the strategies are basically the same in all countries in which the organization does business.

A ________ doesn't attempt to replicate its domestic successes by managing foreign operations from its home country.

International strategy is a type of growth strategy.

In relative terms, which of the following involves minimal global investment?

________ and ________ are similar approaches involving one organization giving another organization the right to use its brand name, technology, or product specifications in return for a lump sum payment or a fee usually based on sales.

Setting up a(n)________ involves directly investing in a foreign country.

Australia is an example of a country on the low political stability list.

A ________ centralizes its management and other decisions in the home country.

Which of the following is NOT an international strategy alternative?

What is parochialism?

Because they entail minimal investment and risk, many small businesses often use ________ and ________ to do business globally.

________ refers to the values and attitudes shared by individuals from a specific country that shape their behavior and their beliefs about what is important.

________ is primarily used by manufacturing companies.

________ is purchasing materials or labor from around the world wherever it is cheapest.