The Global Environment

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Questions Bank

Strategic Management
Company Mission
Corporate Social Responsibility and Business Ethics
The External Environment
The Global Environment
Internal Analysis
Long-Term Objectives and Strategies
Business Strategy
Multibusiness Strategy
Implementation
Organizational Structure
Leadership and Culture
Strategic Control
Innovation and Entrepreneurship

All Questions

Question 1

Free

Multiple Choice

______ refers to the strategy of pursuing opportunities anywhere in the world that enable a firm to optimize its business functions in the countries in which it operates.

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Vertical integration

Horizontal integration

Globalization

Franchising

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Question 2

Free

Multiple Choice

______ is the use of a common product,service,and message across all markets to create a strong brand image.

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Globalization

Horizontal integration

Standardization

Customization

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Question 3

Free

Multiple Choice

______ is the development of modified products and services,and the use of somewhat tailor-made messages,to meet the demands of a local population

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Globalization

Horizontal integration

Customization

Standardization

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Question 4

Free

Multiple Choice

The change in customer _______ behavior was the beginning of an evolution in international strategy.

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saving

living

purchase

moving

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Question 5

Free

Multiple Choice

The 100 largest U.S.global earn an average of ___ percent of their operating profits abroad.

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Question 6

Multiple Choice

Firms from which country lead the way in "direct foreign investment" in the United States?

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Japan

India

China

United Kingdom

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Question 7

Multiple Choice

In recent times,as companies go global,standardization is steadily being replaced by _____ .

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globalization

customization

democratization

vulcanization

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Question 8

Multiple Choice

The direct foreign investment of foreign-based globals that operate in the United States now exceeds

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200 billion

20 billion

90 billion

9 billion

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Question 9

Multiple Choice

The evolution of a global corporation often entails progressively involved strategy levels.What level has the minimal effect on existing product lines?

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Foreign licensing

Export-import

Technology transfer

Direct investment

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Question 10

Multiple Choice

Firms at what strategy level are called multinational corporations (MNCs)?

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First

Second

Third

Fourth

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Question 11

Multiple Choice

Which of these represent the second level in the evolution of a global corporation?

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Foreign licensing

Direct investment

Export-import

Bartering

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Question 12

Multiple Choice

MNCs are involved mainly in which of the following strategies?

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Direct overseas investment

Capital repatriation

Joint research

Host financial policies

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Question 13

Multiple Choice

At what level do firms begin to emerge as global enterprises with global approaches to production,sales,finance,and control?

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Third

Fourth

Second

First

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Question 14

Multiple Choice

The most involved strategy level in the evolution of a global corporation in characterized by

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Technology transfer

Export-import operations

Foreign licensing

A substantial increase in foreign investment

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Question 15

Multiple Choice

In the past 30 years,the U.S.has ______ in terms of technological advantage.

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Substantially enhanced

Maintained a status quo

Declined dramatically

Reaches the number one spot in the world

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Question 16

Multiple Choice

Which country leads in chemicals and pharmaceuticals,precision and heavy machinery,heavy electrical goods and surface transport equipment?

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France

Germany

Japan

The U.S.

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Question 17

Multiple Choice

______ leads in optics,solid-state physics,engineering,chemistry and process metallurgy.

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Japan

France

The U.S.

Germany

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Question 18

Multiple Choice

Direct penetration of foreign markets makes sense as a competitive weapon because a firm can drain vital ____ from a foreign competitor's domestic operations.

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cash flows

export sales

dividends

debt

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Question 19

Multiple Choice

A(n) ______ orientation believes that the values and priorities of the parent organization should guide the strategic decision making of all its operations.

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Ethnocentric

Polycentric

Regiocentric

Geocentric

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Question 20

Multiple Choice

Which one of the following is NOT a strategic orientation of global firms?

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Omnicentric

Ethnocentric

Polycentric

Regiocentric

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