Question 1

A ________ strategy typically increases the cost structure for international companies and forces them to charge higher prices to recover such costs.

Accepted Answer

A)  retrenchment 
B)  global 
C)  multidomestic 
D)  blue ocean 
A)  retrenchment 
B)  global 
C)  multidomestic 
D)  blue ocean

Question 2

Which of the following is a characteristic based on which products are typically differentiated?

Accepted Answer

A)  brand loyalty 
B)  brand equity 
C)  product design 
D)  product cost 
A)  brand loyalty 
B)  brand equity 
C)  product design 
D)  product cost

Question 3

A differentiation strategy is often implemented when a company wants to exploit economies of scale to have the lowest cost structure.

Accepted Answer

A) True 
 B)False

Question 4

Decreasing levels of customer loyalty to an organization's products is a major disadvantage of the ________ strategy.

Accepted Answer

A)  blue ocean 
B)  stability 
C)  low-cost leadership 
D)  growth 
A)  blue ocean 
B)  stability 
C)  low-cost leadership 
D)  growth

Question 5

Strategy is the set of planned actions that managers take to help a company meet its objectives.

Accepted Answer

A) True 
 B)False

Question 6

Describe the four key approaches to corporate strategy,providing an example of each.

Accepted Answer

Companies involved in more than one line

Question 7

Stability is designed to ________.

Accepted Answer

A)  guard against organizational change 
B)  increase the scale or scope of a corporation's operations 
C)  support the stability strategies of an organization 
D)  support the retrenchment strategies of an organization 
A)  guard against organizational change 
B)  increase the scale or scope of a corporation's operations 
C)  support the stability strategies of an organization 
D)  support the retrenchment strategies of an organization

Question 8

Explain participative management and accountability in a decentralized organization,and discuss the probable accountability issues in a global matrix structure.Include a description of the global matrix structure in your answer.

Accepted Answer

Decentralization can help foster partici

Question 9

Which of the following is an advantage of a company with an international area structure?

Accepted Answer

A)  Country managers have very little authority. 
B)  The subsidiaries fail to develop organizational cultures suited to their locations. 
C)  Individual responsibility and accountability is foggy. 
D)  When general managers become experts on the unique needs of their buyers. 
A)  Country managers have very little authority. 
B)  The subsidiaries fail to develop organizational cultures suited to their locations. 
C)  Individual responsibility and accountability is foggy. 
D)  When general managers become experts on the unique needs of their buyers.

Question 10

Organic growth refers to an organization's corporate strategy that relies on growth ________.

Accepted Answer

A)  through mergers and acquisitions 
B)  based on strategic alliances 
C)  generated internally 
D)  achieved from joint ventures 
A)  through mergers and acquisitions 
B)  based on strategic alliances 
C)  generated internally 
D)  achieved from joint ventures

Question 11

Briefly describe the three generic business-level strategies,providing an example of each.

Accepted Answer

In addition to stipulating the overall c

Question 12

Support activities such as,business infrastructure,human resource management,technology development,and procurement (sourcing)provides the inputs and infrastructure required by the primary activities,in value-chain analysis.

Accepted Answer

A) True 
 B)False

Question 13

Objectives of individual business units in an organization exclusively contain numerical targets of performance.

Accepted Answer

A) True 
 B)False

Question 14

Decentralized decision making is beneficial when ________.

Accepted Answer

A)  all subsidiaries use the same inputs in production 
B)  fast-changing national business environments put a premium on local responsiveness 
C)  one subsidiary's output is another's input 
D)  it aims to create a single global organizational culture 
A)  all subsidiaries use the same inputs in production 
B)  fast-changing national business environments put a premium on local responsiveness 
C)  one subsidiary's output is another's input 
D)  it aims to create a single global organizational culture

Question 15

An international division structure reduces the authority of country managers in an organization's subsidiaries.

Accepted Answer

A) True 
 B)False

Question 16

Scenario: Beanstalk International
Beanstalk International is a rapidly growing company with well-established subsidiaries in several nations. The company wants to follow a strategy of adapting its products and marketing activities in each national market to suit local preferences. This strategy aims at creating value for its customers.
-Which of the following is a support activity that creates value for Beanstalk's customers?

Accepted Answer

A)  production 
B)  marketing and sales 
C)  customer service 
D)  technology development 
A)  production 
B)  marketing and sales 
C)  customer service 
D)  technology development

Question 17

Which of the following strategies is used when Ryanair engages in aggressive cost cutting in order to be Europe's leading low-cost airline?

Accepted Answer

A)  differentiation strategy 
B)  focus strategy 
C)  low-cost leadership strategy 
D)  retrenchment strategy 
A)  differentiation strategy 
B)  focus strategy 
C)  low-cost leadership strategy 
D)  retrenchment strategy

Question 18

________ decision making disperses decisions to lower organizational levels,such as to international subsidiaries.

Accepted Answer

A)  Decentralized 
B)  Top-down 
C)  Authoritative 
D)  Top management 
A)  Decentralized 
B)  Top-down 
C)  Authoritative 
D)  Top management

Question 19

Which of the following is the first stage of the strategy-formulation process?

Accepted Answer

A)  identification of value-creating activities 
B)  formulation of strategies 
C)  identification of company mission and goals 
D)  identification of core competency 
A)  identification of value-creating activities 
B)  formulation of strategies 
C)  identification of company mission and goals 
D)  identification of core competency

Question 20

Which of the following is considered as a primary activity in an organization?

Accepted Answer

A)  infrastructure 
B)  after-sales support and service 
C)  procurement 
D)  human resource management 
A)  infrastructure 
B)  after-sales support and service 
C)  procurement 
D)  human resource management

A ________ strategy typically increases the cost structure for international companies and forces them to charge higher prices to recover such costs.

Which of the following is a characteristic based on which products are typically differentiated?

A differentiation strategy is often implemented when a company wants to exploit economies of scale to have the lowest cost structure.

Decreasing levels of customer loyalty to an organization's products is a major disadvantage of the ________ strategy.

Strategy is the set of planned actions that managers take to help a company meet its objectives.

Describe the four key approaches to corporate strategy,providing an example of each.

Stability is designed to ________.

Explain participative management and accountability in a decentralized organization,and discuss the probable accountability issues in a global matrix structure.Include a description of the global matrix structure in your answer.

Which of the following is an advantage of a company with an international area structure?

Organic growth refers to an organization's corporate strategy that relies on growth ________.

Briefly describe the three generic business-level strategies,providing an example of each.

Support activities such as,business infrastructure,human resource management,technology development,and procurement (sourcing)provides the inputs and infrastructure required by the primary activities,in value-chain analysis.

Objectives of individual business units in an organization exclusively contain numerical targets of performance.

Decentralized decision making is beneficial when ________.

An international division structure reduces the authority of country managers in an organization's subsidiaries.

Which of the following strategies is used when Ryanair engages in aggressive cost cutting in order to be Europe's leading low-cost airline?

________ decision making disperses decisions to lower organizational levels,such as to international subsidiaries.

Which of the following is the first stage of the strategy-formulation process?

Which of the following is considered as a primary activity in an organization?

Globalization

Cross-Cultural Business

Political Economy and Ethics

Economic Development of Nations

International Trade Theory

Political Economy of Trade

Foreign Direct Investment

Regional Economic Integration

International Financial Markets

International Monetary System

Analyzing International Opportunities

Selecting and Managing Entry Modes

Developing and Marketing Products

Managing International Operations

Hiring and Managing Employees

Filters

Exam 11: International Strategy and Organization

A ________ strategy typically increases the cost structure for international companies and forces them to charge higher prices to recover such costs.

Which of the following is a characteristic based on which products are typically differentiated?

A differentiation strategy is often implemented when a company wants to exploit economies of scale to have the lowest cost structure.

Decreasing levels of customer loyalty to an organization's products is a major disadvantage of the ________ strategy.

Strategy is the set of planned actions that managers take to help a company meet its objectives.

Describe the four key approaches to corporate strategy,providing an example of each.

Stability is designed to ________.

Explain participative management and accountability in a decentralized organization,and discuss the probable accountability issues in a global matrix structure.Include a description of the global matrix structure in your answer.

Which of the following is an advantage of a company with an international area structure?

Organic growth refers to an organization's corporate strategy that relies on growth ________.

Briefly describe the three generic business-level strategies,providing an example of each.

Support activities such as,business infrastructure,human resource management,technology development,and procurement (sourcing)provides the inputs and infrastructure required by the primary activities,in value-chain analysis.

Objectives of individual business units in an organization exclusively contain numerical targets of performance.

Decentralized decision making is beneficial when ________.

An international division structure reduces the authority of country managers in an organization's subsidiaries.

Which of the following strategies is used when Ryanair engages in aggressive cost cutting in order to be Europe's leading low-cost airline?

________ decision making disperses decisions to lower organizational levels,such as to international subsidiaries.

Which of the following is the first stage of the strategy-formulation process?

Which of the following is considered as a primary activity in an organization?

Globalization

Cross-Cultural Business

Political Economy and Ethics

Economic Development of Nations

International Trade Theory

Political Economy of Trade

Foreign Direct Investment

Regional Economic Integration

International Financial Markets

International Monetary System

Analyzing International Opportunities

Selecting and Managing Entry Modes

Developing and Marketing Products

Managing International Operations

Hiring and Managing Employees

Filters