Exam 8: International Strategy
Exam 1: Strategic Management and Strategic Competitiveness132 Questions
Exam 2: The External Environment: Opportunities, Threats, Industry Competition, and Competitor Analysis129 Questions
Exam 3: The Internal Organization: Resources, Capabilities, Core Competencies, and Competitive Advantages132 Questions
Exam 4: Business-Level Strategy131 Questions
Exam 5: Competitive Rivalry and Competitive Dynamics106 Questions
Exam 6: Corporate-Level Strategy132 Questions
Exam 7: Merger and Acquisition Strategies121 Questions
Exam 8: International Strategy125 Questions
Exam 9: Cooperative Strategy120 Questions
Exam 10: Corporate Governance142 Questions
Exam 11: Organizational Structure and Controls133 Questions
Exam 12: Strategic Leadership118 Questions
Exam 13: Strategic Entrepreneurship107 Questions
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Rendell Corp.has just entered international markets.While it has begun to see some benefits, it is also challenged by the high cost of transportation and the expense of tariffs.Rendell most likely used exporting as its mode of entry.
(True/False)
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Italy has become the leader in the shoe industry because of related and supporting industries such as a well-established leather-processing industry that provides the leather needed to construct shoes and related products.
(True/False)
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Operating in multiple international markets can provide firms with __________ perhaps even in terms of __________.
(Multiple Choice)
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Most firms enter international markets sequentially, introducing their __________ first.
(Multiple Choice)
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One of the primary reasons for failure of cross-border strategic alliances is:
(Multiple Choice)
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Raymond Vernon states that the classic rationale for international diversification is to:
(Multiple Choice)
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RoserOpp Corp.has begun to increase its commitment to international diversification.Stakeholders should expect an initial decrease in returns, followed by a quick increase as RoserOpp learns how to manage its increased geographic diversification.
(True/False)
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Acquisitions, greenfield ventures, and sometimes joint ventures are appropriate when firms want to establish a strong presence in an international market.
(True/False)
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Exporting and licensing are the most appropriate ways for smaller firms to first enter international markets.
(True/False)
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When the country risk is high, firms prefer to enter with a greenfield investment rather than a joint venture.
(True/False)
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Because of the lack of protection of intellectual property in some foreign countries, licensing arrangements are one of the best ways for a firm to protect its technology from being appropriated by potential competitors.
(True/False)
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Moving into international markets is a particularly attractive strategy to firms whose domestic markets:
(Multiple Choice)
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Arkadelphia Polymers, Inc., earns 60 percent of its revenue from exports to Europe and Asia.The CEO of the company would be:
(Multiple Choice)
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While there are multiple means of entering new international markets, firms should use one method consistently with all of its various products and across its different markets in order to reduce administrative complexity.
(True/False)
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Coca-Cola and PepsiCo are examples of firms that have found it unnecessary to aggressively pursue international strategies because of extensive growth opportunities available in the U.S.market.
(True/False)
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Which of the following is NOT a disadvantage of international acquisitions?
(Multiple Choice)
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All of the following complicate the implementation of an international diversification strategy EXCEPT:
(Multiple Choice)
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The firm using a global strategy seeks to develop economies of scale as it produces the same, or virtually the same, products for distribution to customers throughout the world who are assumed to have similar needs.
(True/False)
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The transnational strategy is becoming increasingly necessary to compete in international markets for all of the following reasons EXCEPT:
(Multiple Choice)
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