Question 1

Explain the role of the strategic business unit (SBU)in the strategic planning process.

Accepted Answer

The planning process has to start with a clear definition of the business for which strategy is to be developed. Generally,the strategic business unit (SBU)is the unit around which decisions are based. SBUs represent groupings with product-market similarities based on: needs or wants to be met,end-user customers to be targeted,or the good or service used to meet the needs of specific customers. Ideally,each SBU should have primary responsibility and authority in managing its basic business functions.

Question 2

Given the opportunities and challenges provided by the new realities of the marketplace,decision makers have to engage in ___________ to match markets with products.

Accepted Answer

A) micromanagement 
B) management by walking around 
C) supply chain management 
D) just-in-time management 
E) strategic planning 
A) micromanagement 
B) management by walking around 
C) supply chain management 
D) just-in-time management 
E) strategic planning E

Question 3

________ is a business strategy where each individual country organization is operated as a profit center.

Accepted Answer

Multidomestic strategy

Question 4

A contender is a local company whose assets are transferable,allowing it to compete head-on with established global players worldwide.

Accepted Answer

A) True 
 B)False

Question 5

The first choice in the formulation of global strategy is the choice of country markets followed by the choice of competitive strategy.

Accepted Answer

A) True 
 B)False

Question 6

__________ is the use of resources accumulated in one part of the world to fight a competitive battle in another part of the world.

Accepted Answer

A) Cross-subsidization 
B) Cross-cultivation 
C) Competitive advantage 
D) Absolute advantage 
E) Mercantilism 
A) Cross-subsidization 
B) Cross-cultivation 
C) Competitive advantage 
D) Absolute advantage 
E) Mercantilism

Question 7

A(n)________ is a local company that has assets that give it a competitive advantage only in its home market.

Accepted Answer

A) Defender 
B) Contender 
C) Extender 
D) Dodger 
E) Pretender 
A) Defender 
B) Contender 
C) Extender 
D) Dodger 
E) Pretender

Question 8

At the ________ stage,a company must assess its own organizational commitment to whatever goals have been established by the company.

Accepted Answer

A) internal analysis 
B) external analysis 
C) market analysis 
D) competitive analysis 
E) cost analysis 
A) internal analysis 
B) external analysis 
C) market analysis 
D) competitive analysis 
E) cost analysis

Question 9

Describe the four competitive strategies for local companies and how they relate to globalization pressures and competitive assets.

Accepted Answer

The global marketplace presents signific

Question 10

The four factors that drive globalization include market,cost,environmental,and _______ factors.

Accepted Answer

A) technological 
B) innovation 
C) supplier 
D) cultural 
E) competitive 
A) technological 
B) innovation 
C) supplier 
D) cultural 
E) competitive

Question 11

For Jenny,a production line manager at a pencil manufacturing facility,the main priority of her work is to watch for extremes and deviations on the production line. This is an example of what type of task?

Accepted Answer

A) Corporate diplomacy 
B) Competitive advantage 
C) Configuration 
D) Control 
E) Coordination 
A) Corporate diplomacy 
B) Competitive advantage 
C) Configuration 
D) Control 
E) Coordination

Question 12

A dodger's competitive assets are transferable abroad,and it is situated in an industry with low pressures to globalize.

Accepted Answer

A) True 
 B)False

Question 13

In today's society,globalization strategies are increasingly being replaced by multidomestic strategies.

Accepted Answer

A) True 
 B)False

Question 14

In today's global market,channels of distribution are becoming increasingly global.

Accepted Answer

A) True 
 B)False

Question 15

According to the 2008 Nielsen global survey,Trends in Online Shopping,how many Internet users make online purchases at least once per month?

Accepted Answer

A) Ten percent 
B) One quarter 
C) One half 
D) Three quarters 
E) Ninety percent 
A) Ten percent 
B) One quarter 
C) One half 
D) Three quarters 
E) Ninety percent

Question 16

The successful global companies of the future will be those that can achieve a balance between the local and the regional/global concerns.

Accepted Answer

A) True 
 B)False

Question 17

___________ is a term coined to describe the networked global organization approach to an organizational structure.

Accepted Answer

The answer of ___________ is a term coined to describe...

Question 18

Strategy begins not with individual national markets,but with understanding trends and sources of profit in the global market.

Accepted Answer

A) True 
 B)False

Question 19

In today's society,national borders are becoming increasingly irrelevant as liberalization and privatization take place.

Accepted Answer

A) True 
 B)False

Question 20

The three factors that most determine country selection for global companies include attractiveness of a market,global strategic importance,and:

Accepted Answer

A) Possible synergies 
B) Quality of life 
C) Local GDP 
D) Internal company processes 
E) Local labor pool 
A) Possible synergies 
B) Quality of life 
C) Local GDP 
D) Internal company processes 
E) Local labor pool

Explain the role of the strategic business unit (SBU)in the strategic planning process.

Given the opportunities and challenges provided by the new realities of the marketplace,decision makers have to engage in ___________ to match markets with products.

________ is a business strategy where each individual country organization is operated as a profit center.

A contender is a local company whose assets are transferable,allowing it to compete head-on with established global players worldwide.

The first choice in the formulation of global strategy is the choice of country markets followed by the choice of competitive strategy.

__________ is the use of resources accumulated in one part of the world to fight a competitive battle in another part of the world.

A(n)________ is a local company that has assets that give it a competitive advantage only in its home market.

At the ________ stage,a company must assess its own organizational commitment to whatever goals have been established by the company.

Describe the four competitive strategies for local companies and how they relate to globalization pressures and competitive assets.

The four factors that drive globalization include market,cost,environmental,and _______ factors.

For Jenny,a production line manager at a pencil manufacturing facility,the main priority of her work is to watch for extremes and deviations on the production line. This is an example of what type of task?

A dodger's competitive assets are transferable abroad,and it is situated in an industry with low pressures to globalize.

In today's society,globalization strategies are increasingly being replaced by multidomestic strategies.

In today's global market,channels of distribution are becoming increasingly global.

According to the 2008 Nielsen global survey,Trends in Online Shopping,how many Internet users make online purchases at least once per month?

The successful global companies of the future will be those that can achieve a balance between the local and the regional/global concerns.

___________ is a term coined to describe the networked global organization approach to an organizational structure.

Strategy begins not with individual national markets,but with understanding trends and sources of profit in the global market.

In today's society,national borders are becoming increasingly irrelevant as liberalization and privatization take place.

The three factors that most determine country selection for global companies include attractiveness of a market,global strategic importance,and:

The International Business Imperative

Trade and Investment

The Theory of Trade and Investment

The Balance of Payments

Culture

Politics and Law

Financial Markets

Economic Integration, emerging and Developing Markets

Corporate Governance and Reform

Coordination, implementation, and Control

Building the Knowledge Base Research Tools

Entry and Expansion

Marketing

Services

Logistics

Financial Management

Human Resource Management

New Horizons

Filters

Exam 9: Strategic Planning

Explain the role of the strategic business unit (SBU)in the strategic planning process.

Given the opportunities and challenges provided by the new realities of the marketplace,decision makers have to engage in ___________ to match markets with products.

________ is a business strategy where each individual country organization is operated as a profit center.

A contender is a local company whose assets are transferable,allowing it to compete head-on with established global players worldwide.

The first choice in the formulation of global strategy is the choice of country markets followed by the choice of competitive strategy.

__________ is the use of resources accumulated in one part of the world to fight a competitive battle in another part of the world.

A(n)________ is a local company that has assets that give it a competitive advantage only in its home market.

At the ________ stage,a company must assess its own organizational commitment to whatever goals have been established by the company.

Describe the four competitive strategies for local companies and how they relate to globalization pressures and competitive assets.

The four factors that drive globalization include market,cost,environmental,and _______ factors.

For Jenny,a production line manager at a pencil manufacturing facility,the main priority of her work is to watch for extremes and deviations on the production line. This is an example of what type of task?

A dodger's competitive assets are transferable abroad,and it is situated in an industry with low pressures to globalize.

In today's society,globalization strategies are increasingly being replaced by multidomestic strategies.

In today's global market,channels of distribution are becoming increasingly global.

According to the 2008 Nielsen global survey,Trends in Online Shopping,how many Internet users make online purchases at least once per month?

The successful global companies of the future will be those that can achieve a balance between the local and the regional/global concerns.

___________ is a term coined to describe the networked global organization approach to an organizational structure.

Strategy begins not with individual national markets,but with understanding trends and sources of profit in the global market.

In today's society,national borders are becoming increasingly irrelevant as liberalization and privatization take place.

The three factors that most determine country selection for global companies include attractiveness of a market,global strategic importance,and:

The International Business Imperative

Trade and Investment

The Theory of Trade and Investment

The Balance of Payments

Culture

Politics and Law

Financial Markets

Economic Integration, emerging and Developing Markets

Corporate Governance and Reform

Coordination, implementation, and Control

Building the Knowledge Base Research Tools

Entry and Expansion

Marketing

Services

Logistics

Financial Management

Human Resource Management

New Horizons

Filters