Exam 11: The Strategy of International Business

Some companies that opt for the cost leadership strategy plan to sell products below the average industry prices in order to capture market share.

What is coordination? Describe the factors that influence value chain coordination.

A differentiation strategy is a unique mixture of the multidomestic and global strategies whereby the company attempts to capture the advantages of both.

As a result of the global economic crisis,the potential for profitability in all sorts of industries has ________.

Citibank decides to open a call center in Mumbai,India because a detailed analysis of the country-specific advantages suggests that India is the optimal place for responding to customers' calls. Citibank is exploiting ________ by running a call center in India.

A company's value chain is best described as the ________.

A differentiation strategy works well in situations where there are many ways to differentiate a product or service and many buyers perceive these differences as having value.

Using a concentrated configuration,an MNE performs value activities in different countries.

What is the relationship between the five-forces model and a firm's international business strategy? Provide examples to illustrate your answer.

In the context of value chain analysis,the support activities of a firm include ________.

Which of the following refers to the means by which management applies the systems that link a company's value activities,whether those activities are performed in one or in many countries?

Which of the following is NOT among the five forces in the Five-Forces Model of Industry Structure?

A ________ is a special outlook,skill,capability,or technology that runs through the firm's operations,weaving together all value activities into an integrated value chain.

Support activities define the infrastructure of the firm and serve as the basis for the daily implementation of primary activities in the value chain.

Which force in Toyota's immediate environment would most likely have the greatest impact on its strategy?

Which of the following is the primary limitation of the transnational strategy?

What are core competencies? How do firms that adopt an international strategy utilize their core competencies? How do firms that adopt a transnational strategy utilize their core competencies?

A disadvantage of the ________ strategy is that firms that adopt this strategy can decentralize too much autonomy to national subsidiaries.

When different companies produce the same commodity,their costs are essentially the same.

The framework that managers use to make decisions that maximize their companies' value creation performance is referred to as a strategy.