International Expansion And Global Market Opportunity Assessment

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Questions Bank

Introduction
International Trade and Foreign Direct Investment
Culture and Business
World Economies
Global and Regional Economic Cooperation and Integration
International Monetary System
Foreign Exchange and the Global Capital Markets
International Expansion and Global Market Opportunity Assessment
Exporting,Importing,and Global Sourcing
Strategy and International Business
Global Entrepreneurship and Intrapreneurship
Winning Through Effective,global Talent Management
Harnessing the Engine of Global Innovation
Competing Effectively Through Global Marketing,Distribution,and Supply-Chain Management
Understanding the Roles of Finance and Accounting in Global Competitive Advantage

All Questions

Question 1

Free

True/False

Market due diligence relies on published research on the markets rather than interviews with potential customers and industry experts.

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Question 2

Free

True/False

An organization,when it is planning to expand in a foreign country,needs to view the country as a monolith.

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Question 3

Free

True/False

When an organization plans to expand in a foreign country,it needs to understand what the local consumers look for when making a purchase decision.

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Question 4

Free

True/False

An organization,when it is expanding in a foreign country,enters it through a domestic partner.This would improve the chances of success for the organization.

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Question 5

Free

True/False

The business competence of an organization renders concepts like political stability and legal security irrelevant.

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Question 6

True/False

Product differentiation plays a critical role for companies entering a new market.

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Question 7

True/False

A PESTEL analysis helps managers gain a better understanding of the opportunities and threats they face.

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Question 8

True/False

Firms are more likely to be successful when they exploit a change in the environment rather than simply survive or oppose the change.

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Question 9

True/False

Political factors are irrelevant as far as consumer confidence,consumer,and business spending is concerned.

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Question 10

True/False

Managers also need to take into consideration the macroeconomic factors that will have near-term and long-term effects on the success of their strategy.

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Question 11

True/False

Home-market norms tend to remain the same over time irrespective of the shifting demographics due to immigration or aging populations.

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Question 12

True/False

The factors mentioned in the PESTEL framework are inter-related.

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Question 13

Short Answer

In a truly global industry,the core product is standardized,the marketing approach is relatively uniform,and competitive strategies are integrated in different international markets.

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Question 14

True/False

The more similar markets in different regions are,the lesser the pressure for an industry to globalize.

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Question 15

True/False

Organizations that promote coherent images and brands globally,realize economies of scope and scale.

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Question 16

True/False

The rate of industry change remains relatively the same from one industry to the next in one financial year.

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Question 17

True/False

When transportation costs and automation are both high,then the knowledge worker component of the location calculation becomes more important.

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Question 18

True/False

The advantage of exporting is that firms avoid the expense of establishing operations in the new country.

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Question 19

True/False

The Internet has made exporting easier as even small firms can access critical information about foreign markets,examine a target market,research the competition,and create lists of potential customers.

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Question 20

True/False

Entrepreneurs and small businesses are most likely to avoid the use of exporting as a way to get their products into markets around the globe because the cost of exporting is higher than that of the other entry modes.

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