Question 1

A contender strategy is one in which

Accepted Answer

A) a company expands into similar foreign markets. 
B) a company focuses on leveraging local assets. 
C) companies seek out niches under-served by their competitors 
D) companies avoid competition by finding a way to cooperate with competition.

Question 2

Business groups are evolving by restructuring around their strongest businesses and expanding into foreign markets.

Accepted Answer

A) True 
 B)False

Question 3

A salesperson from a Turkish textile firm discovered that some Italian buyers wouldn't buy the Turkish product because it would put Italians out of work.The Turkish firm is suffering from

Accepted Answer

A) a negative country-of-origin effect. 
B) a positive country-of-origin effect. 
C) consumer animosity. 
D) consumer ethnocentrism.

Question 4

In the Japanese horizontal keiretsus system,the keiretsu bank helps out members in times of trouble.

Accepted Answer

A) True 
 B)False

Question 5

In developing countries,governments may limit competition by

Accepted Answer

A) market liberalization. 
B) licensing local production. 
C) anti-trust laws. 
D) All of the above.

Question 6

A global product rollout is an example of a

Accepted Answer

A) cross-country subsidization. 
B) multidomestic strategy. 
C) globally coordinated move. 
D) counterparry.

Question 7

When consumers are biased against foreign products because they believe that buying imported goods results in job loss locally,this is called

Accepted Answer

A) consumer animosity 
B) situational animosity 
C) consumer ethnocentrism 
D) social protection reflex

Question 8

A producer of Mexican wines is planning to export to the United States and will be targeting Mexicans living in America.The firm is pursuing a(n)

Accepted Answer

A) defender strategy. 
B) extender strategy. 
C) contender strategy. 
D) dodger strategy.

Question 9

When a firm focuses on expanding into foreign markets similar to their own,using successful practices and competencies that they have already developed in their home market,they are said to adopt a(n)____________________ strategy.

Accepted Answer

The answer of When a firm focuses on expanding into...

Question 10

Identify the business group from the following list of companies:

Accepted Answer

A) Pepsi 
B) General Motors 
C) Xerox 
D) Tata

Question 11

The Tata group of India,consisting of eighty group companies and geographically focused is an example of a(n)____________________.

Accepted Answer

The answer of The Tata group of India,consisting of eighty...

Question 12

Identifying actual and potential global competitors and selecting an overall posture towards those competitors is called a globally coordinated counterparry.

Accepted Answer

A) True 
 B)False

Question 13

A privately owned Indian pharmaceutical firm is planning a contender strategy.Its owners should

Accepted Answer

A) identify foreign countries with many Indian immigrants. 
B) identify MNCs that might want to buy their company. 
C) consider taking the company public to raise funds. 
D) All of the above

Question 14

Steel is an industry that requires heavy financial investment and enjoys substantial economies of scale.Which strategy might be appropriate for a South Korean steel producer?

Accepted Answer

A) Extender 
B) Defender 
C) Indicator 
D) Dodger

Question 15

An extender strategy focuses on expanding into foreign markets similar to a firm's domestic market.

Accepted Answer

A) True 
 B)False

Question 16

____________________ occurs when governments decide to sell state-owned enterprises or their assets to private firms or individuals.

Accepted Answer

The answer of ____________________ occurs when governments decide to sell...

Question 17

A privately owned Indian pharmaceutical firm is planning a dodger strategy.Its owners should

Accepted Answer

A) identify MNCs that might want to buy their company. 
B) identify foreign countries with many Indian immigrants. 
C) consider taking the company public to raise funds. 
D) All of the above

Question 18

A privately owned Brazilian steel firm is planning a dodger strategy.Its owners should

Accepted Answer

A) identify foreign countries with many Brazilian immigrants. 
B) identify foreign countries with many south American immigrants. 
C) consider taking the company public to raise funds. 
D) identify MNCs that might want to buy their company.

Question 19

The belief that buying imported products results in job loss and consequently hardship at home is called ____________________.

Accepted Answer

The answer of The belief that buying imported products results...

Question 20

For many years,European governments allowed their firms to engage in cartel behavior outlawed in the United States.

Accepted Answer

A) True 
 B)False

Exam 6: Global Competitors

A contender strategy is one in which

Business groups are evolving by restructuring around their strongest businesses and expanding into foreign markets.

A salesperson from a Turkish textile firm discovered that some Italian buyers wouldn't buy the Turkish product because it would put Italians out of work.The Turkish firm is suffering from

In the Japanese horizontal keiretsus system,the keiretsu bank helps out members in times of trouble.

In developing countries,governments may limit competition by

A global product rollout is an example of a

When consumers are biased against foreign products because they believe that buying imported goods results in job loss locally,this is called

A producer of Mexican wines is planning to export to the United States and will be targeting Mexicans living in America.The firm is pursuing a(n)

When a firm focuses on expanding into foreign markets similar to their own,using successful practices and competencies that they have already developed in their home market,they are said to adopt a(n)____________________ strategy.

Identify the business group from the following list of companies:

The Tata group of India,consisting of eighty group companies and geographically focused is an example of a(n)____________________.

Identifying actual and potential global competitors and selecting an overall posture towards those competitors is called a globally coordinated counterparry.

A privately owned Indian pharmaceutical firm is planning a contender strategy.Its owners should

Steel is an industry that requires heavy financial investment and enjoys substantial economies of scale.Which strategy might be appropriate for a South Korean steel producer?

An extender strategy focuses on expanding into foreign markets similar to a firm's domestic market.

____________________ occurs when governments decide to sell state-owned enterprises or their assets to private firms or individuals.

A privately owned Indian pharmaceutical firm is planning a dodger strategy.Its owners should

A privately owned Brazilian steel firm is planning a dodger strategy.Its owners should

The belief that buying imported products results in job loss and consequently hardship at home is called ____________________.

For many years,European governments allowed their firms to engage in cartel behavior outlawed in the United States.