A) when an internal startup is more costly
B) when an internal startup affects the supply-demand balance by increasing production capacity
C) when an internal startup is unable to gain distribution access advantages
D) when an internal startup has the necessary scale and resource strengths to compete with rivals
E) when an internal startup lacks the experience in establishing new subsidiaries
G) C) and E)
Correct Answer
verified
Correct Answer
verified
A) trying to change the local market to better match the way the company does business elsewhere.
B) being prepared to modify aspects of the company's business model to accommodate local circumstances.
C) preparing to compete on the basis of low price.
D) staying away from those emerging markets where it is impractical to modify the company's business model to accommodate local circumstances.
E) focusing on local markets whose circumstances will be most challenging to the company's business model.
G) A) and C)
Correct Answer
verified
Correct Answer
verified
A) being especially well-suited to achieve scale economies.
B) being able to charge lower prices than rivals.
C) being able to achieve first-mover advantages quickly and easily.
D) being able to leverage the company's technical know-how, appealing brand, or patents without committing their resources or capabilities to foreign markets.
E) being able to achieve higher product quality and better product performance than with an export strategy.
G) C) and E)
Correct Answer
verified
Correct Answer
verified
A) conflicting objectives and strategies.
B) deep differences of opinion about how to proceed operationally and strategically.
C) important differences in corporate values.
D) misunderstandings about appropriate ethical standards.
E) potential for royalty from trustworthy firms.
G) All of the above
Correct Answer
verified
Correct Answer
verified
A) allows firms to address local needs as precisely as locally based rivals can.
B) permits firms to be more responsive to changes in local market conditions, either in the form of new opportunities or competitive threats.
C) provides for lower transportation costs and also may involve higher tariffs.
D) involves higher coordination costs due to more complex tasks of managing a globally integrated enterprise.
E) raises production costs due to the greater variety of designs and components.
G) A) and E)
Correct Answer
verified
Correct Answer
verified
A) Nike produces its own line of skate shoes.
B) Starbucks acquires a large coffee farm in Costa Rica.
C) Ireland provides low-costs loans to foreign entrants to stimulate capital investment.
D) Intel's silicon chips are identical across the world.
E) McDonald's offers 100% beef-free products in its outlets in India.
G) A) and E)
Correct Answer
verified
Correct Answer
verified
A) is very risky, given fluctuating exchange rates and the propensity of foreign governments to impose tariffs on imported goods.
B) is usually defeated by a "think-global, act-global" type of strategy.
C) is more appealing when the country-to-country differences in buyer tastes, cultural traditions, and market conditions are diverse.
D) is generally an inferior strategy when one or more foreign competitors are pursuing a global low-cost strategy.
E) can defeat a global strategy if the "think-local, act-local" multicountry strategist concentrates its efforts exclusively in those foreign markets which have superior resources.
G) B) and E)
Correct Answer
verified
Correct Answer
verified
A) employ either an export strategy or a franchising strategy.
B) scatter its production plants across many countries in different parts of the world so as to minimize transportation costs.
C) consider whether to concentrate each activity it performs in a few select countries or disperse performance of the activity to many nations and consider in which countries to locate particular activities.
D) locate production plants in those countries having suppliers that can supply all the necessary raw materials and components so as to avoid inbound shipping costs.
E) concentrate all of its value chain activities in the one country that has the best combination of low wage rates, low shipping costs, and low tax rates on profits.
G) A) and E)
Correct Answer
verified
Correct Answer
verified
A) the leading companies to compete for the biggest share of the world market, but only occasionally compete head-to-head in different countries.
B) the markets in various countries to be part of the world market and competitive conditions across country markets to be strongly linked.
C) a company's overall market strength to be the sum of its market shares in each country market where it has a presence.
D) the industry leaders to be foreign companies, while domestic companies are relegated to runner-up status.
E) a firm's overall competitive advantage to be determined by the size of the competitive advantage it has in each of its profit sanctuaries.
G) A) and C)
Correct Answer
verified
Correct Answer
verified
A) control over its resource capabilities.
B) a dominating depth in some competitively valuable area.
C) an intensity of resource diversification.
D) precision and compliance in resource agility and responsiveness.
E) direct investments in foreign countries.
G) D) and E)
Correct Answer
verified
Correct Answer
verified
Correct Answer
verified
Global (think global, act global) has th...View Answer
Correct Answer
verified
View Answer
A) A New York-based wine importer and an Australian wine producer create and market the Yellowtail wine brand.
B) Pharmaeutical giants Eli Lilly and Kyowa Hakko Kogyo develop and perform clinical tests of a new cancer treatment called therapyyo.
C) The insurance company Geico is a wholly owned subsidiary of Berkshire Hathaway.
D) Western Union purchases the global payments division of British-owned Travelex Ltd.
E) Lidl, a German deep-discount supermarket chain, establishes a new wholly-owned venture with a supermarket chain in Poland.
G) A) and B)
Correct Answer
verified
Correct Answer
verified
A) is competitively disadvantaged when the euro declines in value against the U.S. dollar.
B) is largely unaffected by fluctuating exchange rates between the euro and the U.S. dollar. It would, however, be affected if its plants were in the U.S.
C) becomes less competitive in the U.S. market when the euro rises in value against the U.S. dollar.
D) becomes more competitive in European markets when the euro declines in value against the U.S. dollar.
E) has no interest in whether the euro grows stronger or weaker versus the U.S. dollar unless its chief competitors are other companies located in countries whose currency is also the euro.
G) A) and B)
Correct Answer
verified
Correct Answer
verified
A) can be an excellent initial strategy to test the international waters and learn if attractive market positions can be established in foreign markets.
B) can be a competitively successful strategy when a company is focusing on vacant market niches in each foreign country and does not have to compete head-to-head against strong host country competitors.
C) can be a powerful strategy since a company can maintain a one-country production base allowing it to capitalize on company competencies and capabilities.
D) can be a weak strategy when competitors are pursuing multi-country strategies.
E) can be a powerful strategy because a company is not vulnerable to fluctuating exchange rates.
G) B) and C)
Correct Answer
verified
Correct Answer
verified
A) is competitively disadvantaged when the U.S. dollar declines in value against the Brazilian real.
B) is competitively advantaged when the Brazilian real declines in value against the currencies of the countries to which the Brazilian-made goods are being exported.
C) becomes less competitive in foreign markets when the Brazilian real declines in value against the currencies of the countries to which the Brazilian-made goods are being exported.
D) is competitively advantaged when the U.S. dollar appreciates in value against the Brazilian real.
E) is unaffected by changes in the valuation of foreign currencies against the Brazilian real-all that matters to a U.S. company is the valuation of the U.S. dollar against the Brazilian real.
G) A) and B)
Correct Answer
verified
Correct Answer
verified
Correct Answer
verified
A global strategy is one in which a comp...View Answer
Correct Answer
verified
View Answer
A) putting its own strategy into place.
B) accelerating efforts to build a strong market presence.
C) moving directly to the task of transferring resources and personnel, integrating and redirecting activities into its own operation.
D) fast-tracking exports into a foreign market by marketing indirectly thru local rivals.
E) gaining access to local distribution networks, building supplier networks, and establishing working relationships with key government officials.
G) C) and D)
Correct Answer
verified
Correct Answer
verified
A) is competitively disadvantaged when the euro declines in value against the Brazilian real.
B) is competitively disadvantaged when the Brazilian real declines in value against the currencies of the countries to which the Brazilian-made goods are being exported.
C) becomes less competitive in foreign markets when the Brazilian real gains in value against the currencies of the countries to which the Brazilian-made goods are being exported.
D) is competitively advantaged when the euro appreciates in value against the Brazilian real.
E) has no interest in whether the euro grows stronger or weaker versus the Brazilian real unless its chief competitors are other companies located in countries whose currency is also the euro.
G) A) and B)
Correct Answer
verified
Correct Answer
verified
Correct Answer
verified
In some instances, dispersing activities...View Answer
Correct Answer
verified
View Answer
Correct Answer
verified
Companies are locating different value c...View Answer
Correct Answer
verified
View Answer
Showing 21 - 40 of 131
Related Exams