Question 1

Describe any three organizational structures that are common for a vast majority of international companies.

Accepted Answer

An international division structure sepa

Question 2

A ________ strategy can create cost savings due to product and marketing standardization.

Accepted Answer

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

Question 3

How do national and international business environments influence multinational strategy formulation?

Accepted Answer

National differences in language,religio

Question 4

Which of the following statements is true of objectives?

Accepted Answer

A) Objectives of individual business units in a company tend to be stated in the most general terms. 
B) Objectives become more precise at the level of individual departments. 
C) Objectives at the highest level in an organization tend to be more specific. 
D) Objectives at the highest level in an organization are more concrete as they contain numerical targets. 
A) Objectives of individual business units in a company tend to be stated in the most general terms. 
B) Objectives become more precise at the level of individual departments. 
C) Objectives at the highest level in an organization tend to be more specific. 
D) Objectives at the highest level in an organization are more concrete as they contain numerical targets.

Question 5

Which of the following is a disadvantage 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) Cross-fertilization of knowledge from one unit to another may be less than desirable. 
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) Cross-fertilization of knowledge from one unit to another may be less than desirable.

Question 6

The main benefit of a global strategy is that it allows a company to ________.

Accepted Answer

A) closely monitor buyer preferences in each local market 
B) save costs due to product and marketing standardization 
C) customize its products and services 
D) respond effectively to emerging buyer preferences 
A) closely monitor buyer preferences in each local market 
B) save costs due to product and marketing standardization 
C) customize its products and services 
D) respond effectively to emerging buyer preferences

Question 7

A business-level strategy in which a company exploits economies of scale is called a ________.

Accepted Answer

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

Question 8

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 should managers at Beanstalk conduct to identify and distinguish between the primary and support activities in the organization?

Accepted Answer

A) fundamental analysis 
B) structural analysis 
C) value chain analysis 
D) technical analysis 
A) fundamental analysis 
B) structural analysis 
C) value chain analysis 
D) technical analysis

Question 9

Which of the following strategies is appropriate for companies in industries where buyer preferences do not converge across national borders?

Accepted Answer

A) retrenchment strategy 
B) global strategy 
C) multidomestic strategy 
D) mass customization strategy 
A) retrenchment strategy 
B) global strategy 
C) multidomestic strategy 
D) mass customization strategy

Question 10

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

Accepted Answer

A) True 
 B)False

Question 11

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 12

TeleToys Inc.
TeleToys Inc. ,a U.S.-based company,recently opened eighteen new toy stores in Brazil,acquired a women's clothing company in Canada,and closed its men's clothing line in Australia.The company has a structure that organizes its global operations into geographic regions.
-Which of the following strategies should TeleToys follow if it wants buyers to perceive its products as unique?

Accepted Answer

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

Question 13

Which of the following strategies is designed to guard an organization against change?

Accepted Answer

A) stability strategy 
B) growth strategy 
C) retrenchment strategy 
D) differentiation strategy 
A) stability strategy 
B) growth strategy 
C) retrenchment strategy 
D) differentiation strategy

Question 14

Briefly describe the strategy formulation process of international organizations.

Accepted Answer

The strategy-formulation process involve

Question 15

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

Accepted Answer

A) infrastructure 
B) marketing and sales 
C) procurement 
D) human resource management 
A) infrastructure 
B) marketing and sales 
C) procurement 
D) human resource management

Question 16

Core competencies are developed by organizations over long periods of time.

Accepted Answer

A) True 
 B)False

Question 17

When should managers consider decentralized decision making? What type of work teams might emerge in organizations that practice decentralized decision making?

Accepted Answer

Decentralized decision making is benefic

Question 18

A ________ strategy often means designing products and promotions aimed at consumers who are either dissatisfied with existing choices or who want something distinctive.

Accepted Answer

A) global 
B) stability 
C) low-cost leadership 
D) focus 
A) global 
B) stability 
C) low-cost leadership 
D) focus

Question 19

A(n)________ structure is best suited to companies that treat each national market as unique due to the vast cultural,political,or economic differences between nations.

Accepted Answer

A) international division 
B) international area 
C) global matrix 
D) global product 
A) international division 
B) international area 
C) global matrix 
D) global product

Question 20

Support activities assist companies in performing their primary activities.

Accepted Answer

A) True 
 B)False

Describe any three organizational structures that are common for a vast majority of international companies.

A ________ strategy can create cost savings due to product and marketing standardization.

How do national and international business environments influence multinational strategy formulation?

Which of the following statements is true of objectives?

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

The main benefit of a global strategy is that it allows a company to ________.

A business-level strategy in which a company exploits economies of scale is called a ________.

Which of the following strategies is appropriate for companies in industries where buyer preferences do not converge across national borders?

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

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

Which of the following strategies is designed to guard an organization against change?

Briefly describe the strategy formulation process of international organizations.

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

Core competencies are developed by organizations over long periods of time.

When should managers consider decentralized decision making? What type of work teams might emerge in organizations that practice decentralized decision making?

A ________ strategy often means designing products and promotions aimed at consumers who are either dissatisfied with existing choices or who want something distinctive.

A(n)________ structure is best suited to companies that treat each national market as unique due to the vast cultural,political,or economic differences between nations.

Support activities assist companies in performing their primary activities.

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

Describe any three organizational structures that are common for a vast majority of international companies.

A ________ strategy can create cost savings due to product and marketing standardization.

How do national and international business environments influence multinational strategy formulation?

Which of the following statements is true of objectives?

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

The main benefit of a global strategy is that it allows a company to ________.

A business-level strategy in which a company exploits economies of scale is called a ________.

Which of the following strategies is appropriate for companies in industries where buyer preferences do not converge across national borders?

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

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

Which of the following strategies is designed to guard an organization against change?

Briefly describe the strategy formulation process of international organizations.

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

Core competencies are developed by organizations over long periods of time.

When should managers consider decentralized decision making? What type of work teams might emerge in organizations that practice decentralized decision making?

A ________ strategy often means designing products and promotions aimed at consumers who are either dissatisfied with existing choices or who want something distinctive.

A(n)________ structure is best suited to companies that treat each national market as unique due to the vast cultural,political,or economic differences between nations.

Support activities assist companies in performing their primary activities.

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