Question 1

The global strategy offers greater opportunities to take innovations developed at the corporate level or in one market and apply them to other markets.

Accepted Answer

A) True 
 B)False

Question 2

Which pair of industries would NOT be considered as "related and supporting" under Porter's diamond model?

Accepted Answer

A)  Japanese cameras and copiers 
B)  Italian leather-processing and shoes 
C)  U.S. computers and software 
D)  highway systems and the supply of debt capital 
A)  Japanese cameras and copiers 
B)  Italian leather-processing and shoes 
C)  U.S. computers and software 
D)  highway systems and the supply of debt capital

Question 3

A large domestic market can provide the country's industries a chance at dominating the world market because:

Accepted Answer

A)  they have been able to develop economies of scale at home. 
B)  they have access to abundant and inexpensive factors of production. 
C)  the related and supporting industries will have been developed. 
D)  the nation's culture and educational system will be adapted to producing the labor force needed for the industry. 
A)  they have been able to develop economies of scale at home. 
B)  they have access to abundant and inexpensive factors of production. 
C)  the related and supporting industries will have been developed. 
D)  the nation's culture and educational system will be adapted to producing the labor force needed for the industry.

Question 4

A firm based in a country with a national competitive advantage is not guaranteed success as it implements its chosen international business-level strategy. Instead, the actual strategic choices managers make may be the most compelling reasons for success or failure.

Accepted Answer

A) True 
 B)False

Question 5

International diversification can help to reduce a firm's overall risk through the stabilization of returns.

Accepted Answer

A) True 
 B)False

Question 6

Terrorism creates an economic risk for firms, which:

Accepted Answer

A)  reduces the amount of investment foreign companies will make in a country perceived to be terror-prone. 
B)  is created by governmental bans on doing business with terrorist regimes. 
C)  is offset by the above-average returns for firms that have learned how to operate in such an environment. 
D)  is absorbed by firms that are highly geographically diversified and that operate in both secure and insecure locations. 
A)  reduces the amount of investment foreign companies will make in a country perceived to be terror-prone. 
B)  is created by governmental bans on doing business with terrorist regimes. 
C)  is offset by the above-average returns for firms that have learned how to operate in such an environment. 
D)  is absorbed by firms that are highly geographically diversified and that operate in both secure and insecure locations.

Question 7

As an indication of the importance of economies of scale, Ford Motor Company runs a single global business developing cars and trucks that can be built and sold through the world.

Accepted Answer

A) True 
 B)False

Question 8

The benefits of expanding into international markets include each of the following opportunities EXCEPT:

Accepted Answer

A)  increasing the size of the firm's potential markets. 
B)  economies of scale and learning. 
C)  location advantages. 
D)  favorable tax concessions and economic incentives by home-country governments. 
A)  increasing the size of the firm's potential markets. 
B)  economies of scale and learning. 
C)  location advantages. 
D)  favorable tax concessions and economic incentives by home-country governments.

Question 9

The location advantages associated with locating facilities in other countries can include all of the following EXCEPT:

Accepted Answer

A)  low-cost labor. 
B)  access to critical supplies. 
C)  access to customers. 
D)  evasion of host country governmental regulations. 
A)  low-cost labor. 
B)  access to critical supplies. 
C)  access to customers. 
D)  evasion of host country governmental regulations.

The global strategy offers greater opportunities to take innovations developed at the corporate level or in one market and apply them to other markets.

Which pair of industries would NOT be considered as "related and supporting" under Porter's diamond model?

A large domestic market can provide the country's industries a chance at dominating the world market because:

A firm based in a country with a national competitive advantage is not guaranteed success as it implements its chosen international business-level strategy. Instead, the actual strategic choices managers make may be the most compelling reasons for success or failure.

International diversification can help to reduce a firm's overall risk through the stabilization of returns.

Terrorism creates an economic risk for firms, which:

As an indication of the importance of economies of scale, Ford Motor Company runs a single global business developing cars and trucks that can be built and sold through the world.

The benefits of expanding into international markets include each of the following opportunities EXCEPT:

The location advantages associated with locating facilities in other countries can include all of the following EXCEPT:

Strategic Management and Strategic Competitiveness

The External Environment: Opportunities, Threats, Industry Competition, and Competitor Analysis

The Internal Organization: Resources, Capabilities, Core Competencies, and Competitive Advantages

Business-Level Strategy

Competitive Rivalry and Competitive Dynamics

Corporate-Level Strategy

Merger and Acquisition Strategies

Cooperative Strategy

Corporate Governance

Organizational Structure and Controls

Strategic Leadership

Strategic Entrepreneurship

Filters

Exam 8: International Strategy

The global strategy offers greater opportunities to take innovations developed at the corporate level or in one market and apply them to other markets.

Which pair of industries would NOT be considered as "related and supporting" under Porter's diamond model?

A large domestic market can provide the country's industries a chance at dominating the world market because:

A firm based in a country with a national competitive advantage is not guaranteed success as it implements its chosen international business-level strategy. Instead, the actual strategic choices managers make may be the most compelling reasons for success or failure.

International diversification can help to reduce a firm's overall risk through the stabilization of returns.

Terrorism creates an economic risk for firms, which:

As an indication of the importance of economies of scale, Ford Motor Company runs a single global business developing cars and trucks that can be built and sold through the world.

The benefits of expanding into international markets include each of the following opportunities EXCEPT:

The location advantages associated with locating facilities in other countries can include all of the following EXCEPT:

Strategic Management and Strategic Competitiveness

The External Environment: Opportunities, Threats, Industry Competition, and Competitor Analysis

The Internal Organization: Resources, Capabilities, Core Competencies, and Competitive Advantages

Business-Level Strategy

Competitive Rivalry and Competitive Dynamics

Corporate-Level Strategy

Merger and Acquisition Strategies

Cooperative Strategy

Corporate Governance

Organizational Structure and Controls

Strategic Leadership

Strategic Entrepreneurship

Filters