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Exam 10: Global Strategy: Competing Around the World

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Question 41

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For which of the following products is an international strategy most suitable?

A) for luxury goods that can be shipped across the globe
B) for products with low value-to-weight ratios such as steel
C) for food products that are specific to certain cultures
D) for products with high linguistic content

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Question 42

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When two neighboring,democratic countries that are part of a trading bloc follow different religions and social norms,they most likely have high ______ distance.

A) political
B) geographic
C) administrative
D) cultural

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Question 43

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Toyota's global success in the 1990s and early 2000s was based to a large extent on a network of world-class suppliers in Japan.This tightly knit network allowed for fast two-way knowledge sharing-this in turn improved Toyota's quality and lowered its cost,which it leveraged into a successful blue ocean strategy at the business level.This example shows the effectiveness of

For which of the following companies will geographic distance be the most relevant factor in deciding whether or not to trade with a target country?

Opula Inc.,a luxury car company,sells the same cars and offers the same superior services in both its home country and foreign markets.The market it operates in faces low pressures for both local responsiveness and cost reductions.Which of the following strategies within the integration-responsiveness framework does Opula Inc.most likely pursue?

Which of the following statements best explains how the presence of top-notch complementors within a firm's industry affects the focal firm's business?

To keep track of the latest developments in computing,Lenovo's research centers are located in China,U.S.A.,and Japan.Also,to benefit from low-cost labor and reduced shipping costs,the company's manufacturing facilities are in Mexico,India,and China.Which of the following strategies would require Lenovo to organize its operations worldwide in order to develop uniform products for its domestic and foreign markets?

Due to dense urban living conditions,hot and humid summers,and high energy costs,it is not surprising that Japanese customers want small,quiet,and energy-efficient air conditioners.Which feature of Porter's diamond framework does this scenario best exemplify?

Multinational enterprises (MNEs) like Harley-Davidson,Rolex,and Starbucks are said to be following an international strategy because

Which of the following is a primary reason why firms pursue a global strategy?

Under the CAGE distance framework,the administrative and political distance between two countries primarily increases with

GreenThings Inc.,a company popular for its dairy products,successfully follows a multidomestic strategy.TransGold Inc.,a large conglomerate,pursues a transnational strategy.Which of the following statements is most likely true of this scenario?

Japanese and European engineering companies entered China to participate in building the world's largest network of high-speed trains worth billions of dollars.Companies such as Kawasaki Heavy Industries (Japan) ,Siemens (Germany) ,and Alstom (France) were joint-venture partners with domestic Chinese companies.These firms now allege that the Chinese partners built on the Japanese and European partners' advanced technology to create their own,next-generation high-speed trains.This example best highlights the _____ that firms can experience when expanding overseas.

Lucar Steels Inc.has decided to enter into a foreign market by setting up its own production facilities and distribution channels from scratch.This will allow it to have strong control over all of its business activities.What is the foreign entry mode most likely opted by Lucar Steels Inc.?

Which of the following entry modes was used extensively in Globalization 1.0 stage?

As a result of globalization,the

Allgreva Inc.is located in Movaria near the nation of Clozame.Allgreva is considering expanding into Clozame.Both countries have similar consumer incomes and knowledge bases and share a common language.Also,the transportation networks between the countries are strong.Even so,the two nations have a long-standing dispute concerning the control of an area of land along their common border.Currently,Movaria rules this land.Which of the following would most likely prevent Allgreva from expanding into Clozame?

Which of the following is not included within the types of strategic alliances?

Which of the following is most likely an accurate statement?

Which of the following types of organizations comparatively requires the lowest levels of investment and control?