Question 1

______ has become a major asset in business,which partially explains the many mergers and acquisitions in industries such as aerospace and pharmaceuticals.

Accepted Answer

A) Homogeneity 
B) Size 
C) Innovation 
D) Government 
E) Marketing

Question 2

Sidney works for a company whose products are customized to the domestic market,where pressures to globalize in the industry are high. Sidney's company has decided to sell out to a global player.This is an example of which of these?

Accepted Answer

A) Pretender 
B) Contender 
C) Extender 
D) Dodger 
E) Defender

Question 3

A(n)________ is a local company that has assets that give it a competitive advantage only in its home market.

Accepted Answer

The answer of A(n)________ is a local company that has...

Question 4

________ are tools that have been proposed for use in market and competitive analysis,which typically involve internal strength and external attractiveness measures.

Accepted Answer

The answer of ________ are tools that have been proposed...

Question 5

Carlyle,an American manager for a Japanese company,is highly critical of decisions coming from the headquarters in Japan,citing that these are "not applicable to the American culture". Carlyle's behavior can best be described as:

Accepted Answer

A) Protecting the home front 
B) Repatriation 
C) Expatriate defensiveness issues 
D) Homesickness 
E) Not-invented-here syndrome

Question 6

On a global basis,both external and internal factors are responsible for creating favorable conditions for development of strategy and resource allocation on a global basis.

Accepted Answer

A) True 
 B)False

Question 7

The role of headquarters staff should be that of coordination and leveraging the resources of the corporation.

Accepted Answer

A) True 
 B)False

Question 8

__________ are newer companies with sales between 200 million and 1 billion that are able to serve the world from a handful of manufacturing bases.

Accepted Answer

The answer of __________ are newer companies with sales between...

Question 9

Compare and contrast the competitive strategies of cost leadership,differentiation,and focus. What types of strategies are popular for global companies?

Accepted Answer

The answer of Compare and contrast the competitive strategies of...

Question 10

Which of the following strategies would be the best approach for avoiding the not-invented-here-syndrome?

Accepted Answer

A) Ensuring that local managers participate in the development of strategies 
B) Controlling budgets at the headquarters level only 
C) Maintaining a product portfolio that includes local-only brands 
D) Maintaining a product portfolio that includes global-only brands 
E) Focuses on services rather than products

Question 11

Which type of local company has assets that are transferable,allowing it to compete head-on with established global players worldwide?

Accepted Answer

A) Defender 
B) Contender 
C) Extender 
D) Dodger 
E) Pretender

Question 12

________ is the increased mobility of goods,services,labor,technology,and capital throughout the world.

Accepted Answer

The answer of ________ is the increased mobility of goods,services,labor,technology,and...

Question 13

The increased mobility of goods,services,labor,technology,and capital throughout the world refers to:

Accepted Answer

A) Globalization 
B) Internationalization 
C) Nationalization 
D) Cultural divergence 
E) Networking

Question 14

__________ involves providing a single point of contact for domestic and international operations and consistent worldwide service.

Accepted Answer

The answer of __________ involves providing a single point of...

Question 15

In competitive advantage through ________,a company works to achieve absolute economies through international specialization.

Accepted Answer

A) adaption 
B) aggregation 
C) arbitrage 
D) alliances 
E) aggression

Question 16

________ is the ability to obtain what one wants through co-option and attraction.

Accepted Answer

The answer of ________ is the ability to obtain what...

Question 17

Alerta Security Systems has won "Most Innovative Security System of the Year" awards for five years running. These award-winning security systems are likely marketed using which competitive strategy?

Accepted Answer

A) Segmentation 
B) Focus 
C) Differentiation 
D) Cost leadership 
E) Value leadership

Question 18

Mininationals are newly founded firms that,from their inception,are established as international businesses.

Accepted Answer

A) True 
 B)False

Question 19

Describe the four primary globalization drivers in international business.

Accepted Answer

The answer of Describe the four primary globalization drivers in...

Question 20

Globalization calls for what type of authority?

Accepted Answer

A) Centralized 
B) Decentralized 
C) Laissez-faire 
D) Dictatorial 
E) Nonexistent

Exam 9: Strategic Planning

______ has become a major asset in business,which partially explains the many mergers and acquisitions in industries such as aerospace and pharmaceuticals.

Sidney works for a company whose products are customized to the domestic market,where pressures to globalize in the industry are high. Sidney's company has decided to sell out to a global player.This is an example of which of these?

A(n)________ is a local company that has assets that give it a competitive advantage only in its home market.

________ are tools that have been proposed for use in market and competitive analysis,which typically involve internal strength and external attractiveness measures.

Carlyle,an American manager for a Japanese company,is highly critical of decisions coming from the headquarters in Japan,citing that these are "not applicable to the American culture". Carlyle's behavior can best be described as:

On a global basis,both external and internal factors are responsible for creating favorable conditions for development of strategy and resource allocation on a global basis.

The role of headquarters staff should be that of coordination and leveraging the resources of the corporation.

__________ are newer companies with sales between 200 million and 1 billion that are able to serve the world from a handful of manufacturing bases.

Compare and contrast the competitive strategies of cost leadership,differentiation,and focus. What types of strategies are popular for global companies?

Which of the following strategies would be the best approach for avoiding the not-invented-here-syndrome?

Which type of local company has assets that are transferable,allowing it to compete head-on with established global players worldwide?

________ is the increased mobility of goods,services,labor,technology,and capital throughout the world.

The increased mobility of goods,services,labor,technology,and capital throughout the world refers to:

__________ involves providing a single point of contact for domestic and international operations and consistent worldwide service.

In competitive advantage through ________,a company works to achieve absolute economies through international specialization.

________ is the ability to obtain what one wants through co-option and attraction.

Alerta Security Systems has won "Most Innovative Security System of the Year" awards for five years running. These award-winning security systems are likely marketed using which competitive strategy?

Mininationals are newly founded firms that,from their inception,are established as international businesses.

Describe the four primary globalization drivers in international business.

Globalization calls for what type of authority?