Exam 8: International Strategy

All of the following are international corporate-level strategies EXCEPT the __________ strategy.

The three corporate-level international strategies are cost leadership, differentiation, and focus.

Which of the following is NOT a disadvantage associated with exporting?

Disney suffered lawsuits in France, at Disneyland Paris, because of the lack of fit between its transferred personnel policies and the French employees charged to enact them.This is an example of the:

After a firm decides to compete internationally, it must select its strategy and choose a mode of entry into international markets.

Which of the following is NOT a typical disadvantage of licensing?

International strategy refers to a(n):

A company that chooses a truly global corporate-level strategy assumes that the liability of foreignness will be minimal.

Identify two environmental trends and explain how they affect a firm's choice in international strategy.

In China, Starbucks is standardizing its operations while simultaneously decentralizing some decision-making responsibility to local levels to meet customers' tastes.Starbucks is following the __________ international corporate-level strategy.

EagleCrest Industries, a U.S.based company, is facing a limitation in the amount of minerals needed to manufacture its products that can be mined in North America.It would likely benefit from an international strategy that would enable it to secure needed resources.

When a firm becomes internationally diversified, the initial impact on returns is that they:

Because there are still several industrial and consumer markets in which only domestic firms compete, many firms do not have to be able to compete internationally.

All of the following are reasons why firms use international strategic alliances EXCEPT:

The Zolloffe Co.is exploring options for entering into international markets.Time is of the essence.The key stakeholders have expressed that the primary concern is that Zolloffe gain access to new markets as quickly as possible in order to spur corporate growth.What type of entry would be best for Zolloffe?

A firm is considering the pursuit of international opportunities.In considering the pros and cons, the analyst likely pointed out that the firm would gain access to labor, resources, and customers, all of which are benefits related to economies of scale, through international strategies.

An increase in the value of the U.S.dollar is an example of an economic risk in that it can reduce the value of U.S.multinational firms' international assets and earnings in other countries.

The choices that a firm has for entering the international market include all of the following EXCEPT:

Which of the following is NOT a factor pressuring companies for local responsiveness?

__________ is the set of costs associated with various issues firms face when entering foreign markets, including unfamiliar operating environments; economic, administrative, and cultural differences; and the challenges of coordination over distances.