International Strategy Creating Value In Global Markets

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Questions Bank

Strategic Management Creating Competitive Advantages
Analyzing the External Environment of the Firm Creating Competitive Advantages
Assessing the Internal Environment of the Firm
Recognizing a Firm's Intellectual Assets Moving beyond a Firm's Tangible Resources
Business-Level Strategy Creating and Sustaining Competitive Advantages
Corporate-Level Strategy Creating Value through Diversification
International Strategy Creating Value in Global Markets
Entrepreneurial Strategy and Competitive Dynamics
Strategic Control and Corporate Governance
Creating Effective Organizational Designs
Strategic Leadership Creating a Learning Organization and an Ethical Organization
Managing Innovation and Fostering Corporate Entrepreneurship

All Questions

Question 21

Multiple Choice

Which of the following is not a risk normally associated with bottom-of-the-pyramid strategies?

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A low-end version of a brand may detract from the overall brand attractiveness.

The new low-cost products they develop may cannibalize the sales of their core products.

Entrenched competitors can impact the ability of the new firm to enter the market successfully.

New products may be perceived as exploiting the privileged customer with substandard products.

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Question 22

Multiple Choice

Multinational firms are constantly faced with the decision of choosing between adaptation and integration.

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local; local

local; global

global; local

global; global

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Question 23

Multiple Choice

The rise of ________ capitalism around the world creates tremendous business opportunities for multinational corporations.

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social

multinational

market

democratic

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Question 24

Multiple Choice

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

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different income levels.

low income levels.

high income levels.

steady income levels.

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Question 25

Multiple Choice

When the GE wind energy business tapped into world-wide talent, it was able to expand using a(n) ________ strategy.

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focus

diversification

unrelated

generic

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Question 26

Multiple Choice

Statistics indicate that over half of the world output now comes from emerging markets. This is leading to a(n) ________ of living standards across the globe and is changing the face of business.

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divergence

convergence

expansion

contraction

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Question 27

Multiple Choice

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.

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habits; values; ideas

traditions; legal systems; history

money; ideas; information

statistics; personnel; purchasing power

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Question 28

Multiple Choice

In Fortune's annual list of the 500 biggest companies in the world, 156 firms were from emerging markets in 2015 compared to 18 in 1996, owing to

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the lower living standards throughout the world.

traditional purchasing habits.

a rapid rise in global capitalism.

a divergence in world living standards.

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Question 29

Multiple Choice

In the Porter diamond-of-national-advantage framework, which of the following factors does not affect competitiveness of a nation?

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the position of the nation in factors of production necessary to compete in a given industry

the presence or absence in the nation of internationally competitive supplier industries

the conditions in the nation governing the nature of foreign rivalry

the nature of home-market demand of the products or services of the industry

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Question 30

Multiple Choice

Rivalry is intense in nations with conditions of consumer demand, supplier bases, and new entrant potential from related industries.

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weak; weak; high

strong; strong; low

weak; weak; low

strong; strong; high

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Question 31

Multiple Choice

According to Michael Porter, firms that have experienced intense domestic competition are

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unlikely to have the time or resources to compete abroad.

more likely to demand protection from their governments.

most likely to design strategies aimed primarily at the domestic market.

more likely to design strategies that will allow them to successfully compete abroad.

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Question 32

Multiple Choice

Which of the factors below has not made the software services industry in India extremely competitive on a global scale?

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large pool of skilled workers

large, growing market and sophisticated customers

tax and antitrust legislation that protects the dominant players in the industry

large network of public and private educational institutions

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Question 33

Multiple Choice

In reviewing the Indian software industry and the diamond of national advantage, which of the following is a relatively weak set of factors in the national competitive advantage in this industry?

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U.S. demand conditions

factor endowments

domestic rivalry

domestic demand conditions

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Question 34

Multiple Choice

Countries with demanding consumers, like environmentally-concerned Denmark, drive ________ to meet the demand.

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worldwide innovation

in-country innovation

foreign manufacturing

global exchange

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Question 35

Multiple Choice

Related industries create the probability that new companies will enter the market. This competition and forces existing firms to improve .

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decreases; innovation

decreases; efficiency

increases; efficiency

decreases; sales

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Question 36

Multiple Choice

Which of these points on the Porter diamond of national advantage is the strongest indicator of global competitive success?

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foreign rivalry

domestic rivalry

global rivalry

international rivalry

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Question 37

Multiple Choice

Which of the following is not a motivation for a company to pursue international expansion?

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It wishes to increase the size of the potential markets for its products and services.

It wishes to take advantage of arbitrage opportunities to increase profit.

It wishes to optimize value-chain activities to enhance performance, reduce costs, and reduce risk.

It wishes to increase foreign market penetration by developing products for the home market.

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Question 38

Multiple Choice

In Euromoney magazine's 2017 semi-annual "Country Risk Rating" evaluating political, economic, and other risks that entrants to international markets potentially face, which of the following countries has the highest overall country rating for risk?

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Norway

Hong Kong

Bahrain

Argentina

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Question 39

Multiple Choice

In Euromoney magazine's 2017 semi-annual "Country Risk Rating" evaluating political, economic, and other risks that entrants to international markets potentially face, which of the following countries have the next to the highest country economic risk?

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South Africa and Russia

Singapore and China

Argentina and Bahrain

Kazakhstan and Colombia

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Question 40

Multiple Choice

In Euromoney magazine's 2017 semi-annual "Country Risk Rating" evaluating political, economic, and other risks that entrants to international markets potentially face, which of the following countries have the next to the lowest country political risk?

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Libya and Argentina

Singapore and Hong Kong

Norway and Canada

China and Bahrain

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International Strategy Creating Value In Global Markets

Which of the following is not a risk normally associated with bottom-of-the-pyramid strategies?

Multinational firms are constantly faced with the decision of choosing between ________ adaptation and ________ integration.

The rise of ________ capitalism around the world creates tremendous business opportunities for multinational corporations.

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

When the GE wind energy business tapped into world-wide talent, it was able to expand using a(n) ________ strategy.

Statistics indicate that over half of the world output now comes from emerging markets. This is leading to a(n) ________ of living standards across the globe and is changing the face of business.

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.

In Fortune's annual list of the 500 biggest companies in the world, 156 firms were from emerging markets in 2015 compared to 18 in 1996, owing to

In the Porter diamond-of-national-advantage framework, which of the following factors does not affect competitiveness of a nation?

Rivalry is intense in nations with conditions of ________ consumer demand, ________ supplier bases, and ________ new entrant potential from related industries.

According to Michael Porter, firms that have experienced intense domestic competition are

Which of the factors below has not made the software services industry in India extremely competitive on a global scale?

In reviewing the Indian software industry and the diamond of national advantage, which of the following is a relatively weak set of factors in the national competitive advantage in this industry?

Countries with demanding consumers, like environmentally-concerned Denmark, drive ________ to meet the demand.

Related industries create the probability that new companies will enter the market. This ________ competition and forces existing firms to improve ________ .

Which of these points on the Porter diamond of national advantage is the strongest indicator of global competitive success?

Which of the following is not a motivation for a company to pursue international expansion?

In Euromoney magazine's 2017 semi-annual "Country Risk Rating" evaluating political, economic, and other risks that entrants to international markets potentially face, which of the following countries has the highest overall country rating for risk?

In Euromoney magazine's 2017 semi-annual "Country Risk Rating" evaluating political, economic, and other risks that entrants to international markets potentially face, which of the following countries have the next to the highest country economic risk?

In Euromoney magazine's 2017 semi-annual "Country Risk Rating" evaluating political, economic, and other risks that entrants to international markets potentially face, which of the following countries have the next to the lowest country political risk?

Multinational firms are constantly faced with the decision of choosing between adaptation and integration.

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.

Rivalry is intense in nations with conditions of consumer demand, supplier bases, and new entrant potential from related industries.

Related industries create the probability that new companies will enter the market. This competition and forces existing firms to improve .