Exam 8: International Strategy

Although leaders in Russia have tried to reassure potential investors about their property rights, political risks in the form of weak laws and commonplace government corruption make firms leery of investing in Russia.

In place of relatively stable and predictable domestic markets, firms across the globe find that they are competing in relatively unstable and unpredictable global markets.

One of the primary reasons for failure of cross-border strategic alliances is:

U.S. companies moving into the international market need to be sensitive to the need for local country or regional responsiveness because of:

Disney suffered lawsuits in France at Disneyland Paris as a result of the lack of fit between its transferred personnel policies and the French employees charged to enact them. This is an example of:

A global corporate-level strategy emphasizes:

South Korea's success in international markets is primarily a result of its abundant natural resources.

Internationally diversified firms:

U.S. cola companies entered the global market because of:

Which of the following is NOT an incentive for firms to become multinational?

Most firms enter international markets sequentially, introducing their ____ first.

A transnational strategy is difficult to use because of its conflicting goals.

While there are multiple means of entering new international markets, firms should use one method consistently with all of its various products and across its different markets in order to reduce administrative complexity.

If conflict in a strategic alliance or joint venture is not manageable, a(n) _______may be a better option.

One reason why firms pursue international opportunities is to extend the product's life cycle.

Firms with core competencies that can be exploited across international markets are able to:

The high cost of transportation, expense of tariffs, and loss of control are three disadvantages of exporting.

A multi-domestic corporate-level strategy has ____ need for global integration and ____ need for local market responsiveness.

If intellectual property rights in an emerging economy are not well-protected, the number of firms in the industry is rapidly growing, and the need for global integration is high, ____ is the preferred entry mode.

Increasingly, customers worldwide are demanding emphasis on local requirements and companies require efficiency as global competition increases. This has triggered an increase in the number of firms using the ____ strategy.