FiltersDone

Question type

Essay

Multiple Choice

Short Answer

True False

Matching

Exam 7: International Strategy: Creating Value in Global Markets

Show Answer

Share

---

All types

Filters

Study FlashcardsPractice ExamLearn

Question 1

Multiple Choice

Review LaterAdd Note

Review Later

Regionalization is most important because it permits companies to organize their activities based upon

A) physical distance between the home country and the foreign country.
B) the extrinsic distance between the home country and the foreign country.
C) the true distance between the home country offer and the foreign country.
D) shareholder expectations.

E) B) and C)
F) A) and B)

Correct Answer

verified

C

Question 2

Multiple Choice

Review LaterAdd Note

Review Later

Industries in which proportionally more value is added in __________ activities are more likely to benefit from a global strategy.

A) downstream
B) upstream
C) marketing
D) sales

E) A) and D)
F) A) and C)

Correct Answer

verified

Show Answer

Question 3

Multiple Choice

Review LaterAdd Note

L'Oreal acquired two U.S. firms that developed and sold hair care products to African-American customers. This permitted it to build a new ethnic hair care division in Europe and Africa. This represents an advantage of international expansion using ____________.

Central and South America are not part of a natural regional bloc because they only share language, religion, and colonization history.

If a company is considering optimizing the physical location for every activity in the value chain, which of the following is not a possible strategic advantage for that decision?

Which one of the following is not a Western hemisphere trade bloc?

Emerging markets are growing slower than developed markets, thus shifting the structure of the global economy.

In considering the transnational strategy, Nestle evaluates the limits of decentralization. The closer they are to the consumer in activities such as branding and pricing, the more then tend to decentralize. The more they deal with production and logistics, the more they centralize decision-making. The production and logistics decisions involve _______ activities.

The factor endowments of a country are inherited and cannot be created.

Which one of the following is one of the Theodore Levitt assumptions supporting a pure global strategy?

A firm can establish a wholly owned subsidiary by

When firms expand into global markets, they are faced with the choice of reducing costs and/or adapting to the local market. When high pressures exist to adapt locally, companies should choose a(n) __________ or __________ in order to compete in the global marketplace.

Globalization opens the doors for companies to attract new customers. One of the challenges is to determine how to meet the needs of these customers who have

Which of the following describes the most typical order of entry into foreign markets?

Within a worldwide market, the most effective strategies are neither purely multidomestic nor purely global.

According to the textbook, globalization involves international exchange. Included in this exchange is trade in goods and services as well as the exchange of __________, __________, and _________ across countries.

Which of the following is not a risk normally associated with Bottom of the Pyramid strategies?

To be responsive to local pressures, companies must ____________ their offerings and strategies from country to country to reflect local consumer preferences.

In considering the decision to offshore, which of the following generally is not one of the hidden costs?

The World Bank publishes the Euromoney magazine Country Risk Rating semiannual report. In the text, the January 2013 sampling of these ratings indicates that Norway is the best country in which to invest in terms of its expected level of risk based on the evaluation of its political, economic and structural risks and debt indicators and access to capital.