Exam 12: The Strategy of International Business

Darvin Foods is an MNE that is in the process of revising its international business strategy.Most of the firm's top executives believe that Darvin should implement a localization strategy.Which of the following conditions would most likely support this type of strategy?

Which of the following has the greatest potential to transform an industry's structure?

A(n)________ outlines a firm's ultimate goal and its guiding values in broad terms.

The potential of new entrants is one characteristic of industry structure.

Which of the following is considered a primary activity in a company's value chain?

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?

Dispersed value chains make sense when costs vary across countries.

Which of the following is the BEST example of a product disruption driving industry change?

Which of the following is the most important constraint on the explanatory power of the IO paradigm?

A company that employs a(n)________ strategy creates value by generating customer insights and translating those insights into innovations.

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

Google essentially views the entire world as one market and assumes that there are no fundamental differences among countries with regard to consumers' preferences.Google is engaging a(n)________ strategy.

Which of the following is the purpose of a company's value proposition?

The essence of a differentiation strategy is to ________.

Rather than an inspirational statement, a(n)________ statement is meant to motivate people to act and specify the objectives that the firm needs to attain.

Host governments' growing demands for increasing operational transparency will most likely spur companies to make their value chains more ________.

A global strategy tends to be more successful when ________.

Digitization has altered location economics and established a new global model for service providers in the financial and legal industries.

Improving explanatory power of the IO paradigm can be done by considering the potential for ________ to lead to a company's sustained competitive advantage.

The Integration-Responsiveness (IR)Grid expresses how a company's ________ is a function of the relationship between its value chain and the prevailing pressures for global integration or local responsiveness in its industry.