Question 1

The significant economies associated with early-entry positioning include all of the following except:

Accepted Answer

A)  capturing learning effects important for increasing market share. 
B)  achieving scale economies. 
C)  developing alliances with the most attractive local partner. 
D)  making technological advancements. 
A)  capturing learning effects important for increasing market share. 
B)  achieving scale economies. 
C)  developing alliances with the most attractive local partner. 
D)  making technological advancements.

Question 2

Which of the following strategies is appropriate when the need for national responsiveness is low and the need for global integration is high?

Accepted Answer

A)  International strategy 
B)  Multi-domestic strategy 
C)  Global strategy 
D)  Transnational strategy 
A)  International strategy 
B)  Multi-domestic strategy 
C)  Global strategy 
D)  Transnational strategy

Question 3

Which of the following is not one of the steps in strategic planning?

Accepted Answer

A)  Transferring the successful process used in a developed country to an emerging economy 
B)  Scanning the external environment for opportunities and threats 
C)  Conducting an internal resource analysis of company strengths and weaknesses 
D)  Formulating goals in light of the external scanning and internal analysis 
A)  Transferring the successful process used in a developed country to an emerging economy 
B)  Scanning the external environment for opportunities and threats 
C)  Conducting an internal resource analysis of company strengths and weaknesses 
D)  Formulating goals in light of the external scanning and internal analysis

Question 4

For products like computers,Japanese firms:

Accepted Answer

A)  move from their home market directly into fully developed countries and then on to newly developing nations. 
B)  move from their home market directly into developing nations and then on to developed countries. 
C)  go only to developed countries to market products. 
D)  go only to developing countries to market products. 
A)  move from their home market directly into fully developed countries and then on to newly developing nations. 
B)  move from their home market directly into developing nations and then on to developed countries. 
C)  go only to developed countries to market products. 
D)  go only to developing countries to market products.

Question 5

The quality strategy is formulated at the _____ management level and is diffused throughout the _____.

Accepted Answer

A)  top; middle-level management 
B)  top; organization 
C)  lowest; organization 
D)  middle; low-level management 
A)  top; middle-level management 
B)  top; organization 
C)  lowest; organization 
D)  middle; low-level management

Question 6

Which of the following findings regarding the base of the pyramid (BOP)strategy has significant implications for the globalization-national responsiveness framework?

Accepted Answer

A)  Building relationships directly and at the local level contributes to the reputation and fosters the trust necessary to overcome the lack of formal institutions such as the rule of law. 
B)  The BOP may be an ideal environment for incubating new, leapfrog technologies. 
C)  Business models forged successfully at the base of the pyramid have the potential to travel profitably to higher-income markets. 
D)  The BOP strategy brings focus to those who are too poor to be viable customers for multinational companies. 
A)  Building relationships directly and at the local level contributes to the reputation and fosters the trust necessary to overcome the lack of formal institutions such as the rule of law. 
B)  The BOP may be an ideal environment for incubating new, leapfrog technologies. 
C)  Business models forged successfully at the base of the pyramid have the potential to travel profitably to higher-income markets. 
D)  The BOP strategy brings focus to those who are too poor to be viable customers for multinational companies.

Question 7

A multinational corporation's choice of a specific locale is affected by all of the following factors except:

Accepted Answer

A)  desirability of the location for employees coming in from the outside. 
B)  the structure of the organization. 
C)  proximity to competitors. 
D)  the nature of the workforce. 
A)  desirability of the location for employees coming in from the outside. 
B)  the structure of the organization. 
C)  proximity to competitors. 
D)  the nature of the workforce.

Question 8

The more successful a firm is domestically,the less difficult it is to increase market share without strong competitive response.

Accepted Answer

A) True 
 B)False

Question 9

Honda and General Motors have both built plants in Thailand to take advantage of:

Accepted Answer

A)  demand and low delivery costs. 
B)  strategic pricing. 
C)  new technologies and low wages. 
D)  tax incentives and demand. 
A)  demand and low delivery costs. 
B)  strategic pricing. 
C)  new technologies and low wages. 
D)  tax incentives and demand.

Question 10

All of the following are challenges firms could face in the implementation of the base of the pyramid (BOP)strategy except:

Accepted Answer

A)  offering affordable goods. 
B)  generating awareness regarding a product. 
C)  nonexistent distribution channels. 
D)  coordinating administrative functions. 
A)  offering affordable goods. 
B)  generating awareness regarding a product. 
C)  nonexistent distribution channels. 
D)  coordinating administrative functions.

Question 11

The implementation of strategy from a marketing perspective must be determined on a country-by-country basis.

Accepted Answer

A) True 
 B)False

Question 12

All of the following act as disincentives for multinational corporations except:

Accepted Answer

A)  restrictions on profit repatriation. 
B)  controls on the transfer of technology. 
C)  export maximums for generating foreign currency. 
D)  limits on local market growth. 
A)  restrictions on profit repatriation. 
B)  controls on the transfer of technology. 
C)  export maximums for generating foreign currency. 
D)  limits on local market growth.

Question 13

Identify the four basic strategies that multinational corporations use and the situations in which they are used.

Accepted Answer

Multinational corporations can be charac

Question 14

Statistics reveal that foreign direct investment (FDI)has grown ten times faster than trade and twice as fast as world gross domestic product.

Accepted Answer

A) True 
 B)False

Question 15

If a firm operates production plants in different countries but makes no attempt to integrate its overall operations,the company is known as a(n)_____ firm.

Accepted Answer

A)  multi-domestic 
B)  global 
C)  transnational 
D)  international 
A)  multi-domestic 
B)  global 
C)  transnational 
D)  international

The significant economies associated with early-entry positioning include all of the following except:

Which of the following strategies is appropriate when the need for national responsiveness is low and the need for global integration is high?

Which of the following is not one of the steps in strategic planning?

For products like computers,Japanese firms:

The quality strategy is formulated at the _ management level and is diffused throughout the _.

Which of the following findings regarding the base of the pyramid (BOP)strategy has significant implications for the globalization-national responsiveness framework?

A multinational corporation's choice of a specific locale is affected by all of the following factors except:

The more successful a firm is domestically,the less difficult it is to increase market share without strong competitive response.

Honda and General Motors have both built plants in Thailand to take advantage of:

All of the following are challenges firms could face in the implementation of the base of the pyramid (BOP)strategy except:

The implementation of strategy from a marketing perspective must be determined on a country-by-country basis.

All of the following act as disincentives for multinational corporations except:

Identify the four basic strategies that multinational corporations use and the situations in which they are used.

Statistics reveal that foreign direct investment (FDI)has grown ten times faster than trade and twice as fast as world gross domestic product.

If a firm operates production plants in different countries but makes no attempt to integrate its overall operations,the company is known as a(n)_____ firm.

Globalization and International Linkages

The Political, Legal, and Technological Environment

Ethics, Social Responsibility, and Sustainability

The Meanings and Dimensions of Culture

Managing Across Cultures

Organizational Cultures and Diversity

Cross-Cultural Communication and Negotiation

Entry Strategies and Organizational Structures

Managing Political Risk, Government Relations, and Alliances

Management Decision and Control

Motivation Across Cultures

Leadership Across Cultures

Human Resource Selection and Development Across Cultures

Filters

Exam 8: Strategy Formulation and Implementation

The significant economies associated with early-entry positioning include all of the following except:

Which of the following strategies is appropriate when the need for national responsiveness is low and the need for global integration is high?

Which of the following is not one of the steps in strategic planning?

For products like computers,Japanese firms:

The quality strategy is formulated at the _____ management level and is diffused throughout the _____.

Which of the following findings regarding the base of the pyramid (BOP)strategy has significant implications for the globalization-national responsiveness framework?

A multinational corporation's choice of a specific locale is affected by all of the following factors except:

The more successful a firm is domestically,the less difficult it is to increase market share without strong competitive response.

Honda and General Motors have both built plants in Thailand to take advantage of:

All of the following are challenges firms could face in the implementation of the base of the pyramid (BOP)strategy except:

The implementation of strategy from a marketing perspective must be determined on a country-by-country basis.

All of the following act as disincentives for multinational corporations except:

Identify the four basic strategies that multinational corporations use and the situations in which they are used.

Statistics reveal that foreign direct investment (FDI)has grown ten times faster than trade and twice as fast as world gross domestic product.

If a firm operates production plants in different countries but makes no attempt to integrate its overall operations,the company is known as a(n)_____ firm.

Globalization and International Linkages

The Political, Legal, and Technological Environment

Ethics, Social Responsibility, and Sustainability

The Meanings and Dimensions of Culture

Managing Across Cultures

Organizational Cultures and Diversity

Cross-Cultural Communication and Negotiation

Entry Strategies and Organizational Structures

Managing Political Risk, Government Relations, and Alliances

Management Decision and Control

Motivation Across Cultures

Leadership Across Cultures

Human Resource Selection and Development Across Cultures

Filters

The quality strategy is formulated at the _ management level and is diffused throughout the _.