Question 1

What are the four basic components of strategy development?

Accepted Answer

The four basic components of s

Question 2

Martin Enterprises, an MNE with operations in India, Japan, and Taiwan, has decided to delegate an increasing amount of responsibility to the managers of its local subsidiaries. Which of the following will most likely be enhanced as a result?

Accepted Answer

A)  multinational flexibility 
B)  economies of scale 
C)  location efficiencies 
D)  economies of scope 
A)  multinational flexibility 
B)  economies of scale 
C)  location efficiencies 
D)  economies of scope

Question 3

Firms that use a related diversification strategy are more vulnerable to economic threats than firms using a single-business strategy.

Accepted Answer

A) True 
 B)False

Question 4

A global firm's worldwide learning is most likely increased by ________.

Accepted Answer

A)  economies of scope and scale 
B)  diverse operating environments 
C)  similar domestic experiences 
D)  stringent selection practices 
A)  economies of scope and scale 
B)  diverse operating environments 
C)  similar domestic experiences 
D)  stringent selection practices

Question 5

Which strategy combines the benefits of global scale efficiencies and local responsiveness?

Accepted Answer

A)  multidomestic strategy 
B)  home replication strategy 
C)  transnational strategy 
D)  global strategy 
A)  multidomestic strategy 
B)  home replication strategy 
C)  transnational strategy 
D)  global strategy

Question 6

Nike achieved ________ by centering its manufacturing in countries where labor costs are relatively low.

Accepted Answer

A)  multinational flexibility 
B)  economies of scale 
C)  location efficiencies 
D)  economies of scope 
A)  multinational flexibility 
B)  economies of scale 
C)  location efficiencies 
D)  economies of scope

Question 7

What is international strategic management? How do international, corporate, business, and functional strategies differ?

Accepted Answer

International strategic management is a

Question 8

JBX Automobiles, a global firm, builds factories to serve more than one country and lower the MNE's production costs. JBX Automobiles most likely benefits from ________.

Accepted Answer

A)  multinational flexibility 
B)  economies of scale 
C)  location efficiencies 
D)  economies of scope 
A)  multinational flexibility 
B)  economies of scale 
C)  location efficiencies 
D)  economies of scope

Question 9

What is a distinctive competence?

Accepted Answer

A distinctive competence answe

Question 10

Which of the following is not one of the components of strategy development?

Accepted Answer

A)  distinctive competence 
B)  differential advantage 
C)  scope of operations 
D)  synergy 
A)  distinctive competence 
B)  differential advantage 
C)  scope of operations 
D)  synergy

Question 11

Although DaimlerChrysler's newest plant is in Alabama, most Mercedes are still German built. This is an example of DaimlerChrysler's ________.

Accepted Answer

A)  distinctive competence 
B)  scope of operations 
C)  resource deployment 
D)  synergy 
A)  distinctive competence 
B)  scope of operations 
C)  resource deployment 
D)  synergy

Question 12

The Walt Disney Company generates about ________ of its revenues from the United States and Canada.

Accepted Answer

A)  37 percent 
B)  53 percent 
C)  74 percent 
D)  92 percent 
A)  37 percent 
B)  53 percent 
C)  74 percent 
D)  92 percent

Question 13

With the multidomestic strategy ________.

Accepted Answer

A)  the firm utilizes the core competency of the firm or firm-specific advantage it developed at home as its main competitive weapon in the foreign market it enters 
B)  the firm views itself as a collection of relatively independent operating subsidiaries 
C)  the firm views the world as a single marketplace and has as its primary goal the creation of standardized goods and services that will address the needs of customers worldwide 
D)  the firm assigns responsibility for various organizational tasks to the unit of the organization best able to achieve the dual goals of efficiency and flexibility 
A)  the firm utilizes the core competency of the firm or firm-specific advantage it developed at home as its main competitive weapon in the foreign market it enters 
B)  the firm views itself as a collection of relatively independent operating subsidiaries 
C)  the firm views the world as a single marketplace and has as its primary goal the creation of standardized goods and services that will address the needs of customers worldwide 
D)  the firm assigns responsibility for various organizational tasks to the unit of the organization best able to achieve the dual goals of efficiency and flexibility

Question 14

Explain the purpose of a mission statement.

Accepted Answer

The mission statemen

Question 15

There are many similarities between developing a strategy for competing in a single country and developing one for competing in multiple countries.

Accepted Answer

A) True 
 B)False

Question 16

What are the three levels of international strategy for MNCs?

Accepted Answer

Corporate,

Question 17

The multidomestic strategy is especially effective when the cost of coordination between the parent corporation and its various foreign subsidiaries is low.

Accepted Answer

A) True 
 B)False

Question 18

Carvel Industries, an MNE, broadens its product line in each of the countries that it enters. Carvel most likely benefits from ________.

Accepted Answer

A)  multinational flexibility 
B)  economies of scale 
C)  location efficiencies 
D)  economies of scope 
A)  multinational flexibility 
B)  economies of scale 
C)  location efficiencies 
D)  economies of scope

Question 19

Disney's ________ is evident in the fact that people recognize its characters from television and movies, visit Disney theme parks, and buy merchandise featuring the Disney characters.

Accepted Answer

A)  distinctive competence 
B)  scope of operations 
C)  resource deployment 
D)  synergy 
A)  distinctive competence 
B)  scope of operations 
C)  resource deployment 
D)  synergy

Question 20

Hoffman Vacuums, an MNE, experiences very little pressure either to respond to local needs or to integrate globally. Which strategy would most likely be best for Hoffman?

Accepted Answer

A)  home replication strategy 
B)  transnational strategy 
C)  global strategy 
D)  multidomestic strategy 
A)  home replication strategy 
B)  transnational strategy 
C)  global strategy 
D)  multidomestic strategy

What are the four basic components of strategy development?

Martin Enterprises, an MNE with operations in India, Japan, and Taiwan, has decided to delegate an increasing amount of responsibility to the managers of its local subsidiaries. Which of the following will most likely be enhanced as a result?

Firms that use a related diversification strategy are more vulnerable to economic threats than firms using a single-business strategy.

A global firm's worldwide learning is most likely increased by ________.

Which strategy combines the benefits of global scale efficiencies and local responsiveness?

Nike achieved ________ by centering its manufacturing in countries where labor costs are relatively low.

What is international strategic management? How do international, corporate, business, and functional strategies differ?

JBX Automobiles, a global firm, builds factories to serve more than one country and lower the MNE's production costs. JBX Automobiles most likely benefits from ________.

What is a distinctive competence?

Which of the following is not one of the components of strategy development?

Although DaimlerChrysler's newest plant is in Alabama, most Mercedes are still German built. This is an example of DaimlerChrysler's ________.

The Walt Disney Company generates about ________ of its revenues from the United States and Canada.

With the multidomestic strategy ________.

Explain the purpose of a mission statement.

There are many similarities between developing a strategy for competing in a single country and developing one for competing in multiple countries.

What are the three levels of international strategy for MNCs?

The multidomestic strategy is especially effective when the cost of coordination between the parent corporation and its various foreign subsidiaries is low.

Carvel Industries, an MNE, broadens its product line in each of the countries that it enters. Carvel most likely benefits from ________.

Disney's ________ is evident in the fact that people recognize its characters from television and movies, visit Disney theme parks, and buy merchandise featuring the Disney characters.

Hoffman Vacuums, an MNE, experiences very little pressure either to respond to local needs or to integrate globally. Which strategy would most likely be best for Hoffman?

An Overview of International Business

Global Marketplaces and Business Centers

Legal, Technological, Accounting, and Political Environments

The Role of Culture

Ethics and Social Responsibility in International Business

International Trade and Investment

The International Monetary System and the Balance of Payments

Foreign Exchange and International Financial Markets

Formulation of National Trade Policies

International Cooperation Among Nations

Strategies for Analyzing and Entering Foreign Markets

International Strategic Alliances

International Organization Design and Control

Leadership and Employee Behavior in International Business

International Marketing

International Operations Management

International Financial Management

International Human Resource Management and Labor Relations

Filters

Exam 11: International Strategic Management

What are the four basic components of strategy development?

Martin Enterprises, an MNE with operations in India, Japan, and Taiwan, has decided to delegate an increasing amount of responsibility to the managers of its local subsidiaries. Which of the following will most likely be enhanced as a result?

Firms that use a related diversification strategy are more vulnerable to economic threats than firms using a single-business strategy.

A global firm's worldwide learning is most likely increased by ________.

Which strategy combines the benefits of global scale efficiencies and local responsiveness?

Nike achieved ________ by centering its manufacturing in countries where labor costs are relatively low.

What is international strategic management? How do international, corporate, business, and functional strategies differ?

JBX Automobiles, a global firm, builds factories to serve more than one country and lower the MNE's production costs. JBX Automobiles most likely benefits from ________.

What is a distinctive competence?

Which of the following is not one of the components of strategy development?

Although DaimlerChrysler's newest plant is in Alabama, most Mercedes are still German built. This is an example of DaimlerChrysler's ________.

The Walt Disney Company generates about ________ of its revenues from the United States and Canada.

With the multidomestic strategy ________.

Explain the purpose of a mission statement.

There are many similarities between developing a strategy for competing in a single country and developing one for competing in multiple countries.

What are the three levels of international strategy for MNCs?

The multidomestic strategy is especially effective when the cost of coordination between the parent corporation and its various foreign subsidiaries is low.

Carvel Industries, an MNE, broadens its product line in each of the countries that it enters. Carvel most likely benefits from ________.

Disney's ________ is evident in the fact that people recognize its characters from television and movies, visit Disney theme parks, and buy merchandise featuring the Disney characters.

Hoffman Vacuums, an MNE, experiences very little pressure either to respond to local needs or to integrate globally. Which strategy would most likely be best for Hoffman?

An Overview of International Business

Global Marketplaces and Business Centers

Legal, Technological, Accounting, and Political Environments

The Role of Culture

Ethics and Social Responsibility in International Business

International Trade and Investment

The International Monetary System and the Balance of Payments

Foreign Exchange and International Financial Markets

Formulation of National Trade Policies

International Cooperation Among Nations

Strategies for Analyzing and Entering Foreign Markets

International Strategic Alliances

International Organization Design and Control

Leadership and Employee Behavior in International Business

International Marketing

International Operations Management

International Financial Management

International Human Resource Management and Labor Relations

Filters