Exam 11: Globalization

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Which of the following statements about the implications of globalisation for the marketing mix is true?

(Multiple Choice)
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Which of the following is not one of the forces triggering globalisation?

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Opportunities for firms generated as a result of globalisation include:

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Transnational companies often supply outmoded plant and equipment when they invest internationally.

(True/False)
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What are the key micro and macro issues that a firm needs to consider when contemplating a global strategy? Discuss in relation to an Australian aluminium producer.

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Emerging multinationals are more risk-adverse and avoid being first mover.

(True/False)
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Which of the following statements is false?

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Global advertising involves designing world campaigns but adapting to local markets.

(True/False)
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Global citizens:

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Which of the following is INCORRECT? A global strategy means that a company competes on the basis of:

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The decision to adopt a global strategy will impact on the structure of the organisation.

(True/False)
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Globalisation strategy is multidimensional, requiring choices along at least five strategic dimensions. Which of the following is NOT a strategic dimension of globalisation strategy?

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China is currently the world's largest economic entity.

(True/False)
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What are the key motivating factors that would encourage a successful domestic firm to enter the global market? What are the likely benefits and risks for the firm?

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How will businesses need to adapt their international strategies to account for the growth of emerging Asian multinationals?

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'Glocalisation' refers to a strategy of thinking global, acting local.

(True/False)
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How successful has globalism been for the developing nations? Why have most of the benefits so far been achieved by the wealthier countries?

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Discuss the relationship between globalism and glocalisation.

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Advertising on a global rather than local level is consolidated through:

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Globalisation involves taking strategic decisions from a particular country perspective and then modifying them in light of local conditions.

(True/False)
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