IntBus ZHAW

Which of the following is TRUE about foreign units of a company using a multidomestic strategy?

Managing a firm's value-chain activities on a country-by-country basis to address diverse opportunities and risks is known as ________.

In the ________ strategy, a firm views international business as separate from, and secondary to, its domestic business.

Global integration is the coordination of the firm's value-chain activities across multiple countries to achieve worldwide efficiency, synergy, and ________ in order to take advantage of similarities between countries.

In which of the following types of organizational arrangements would a firm most likely have a division that focused solely on management of an international organization?

Which of the following is a characteristic of a global team?

Coordinating the international value-chain activities of a firm across multiple countries to achieve maximum efficiency is known as ________.

Which of the following activities would be considered last by a manager while developing strategies?

An advantage to firms that use a product structure arrangement is that ________.

Which of the following is the most critical asset of any organization?

Which of the following is a disadvantage of a multidomestic strategy?

Which of the following gives headquarters considerable authority and control over the firm's activities worldwide?

A firm's headquarters is the primary contributor to ________.

Which of the following would exert pressure on a firm to become locally responsive?

Which of the following is an advantage of an international division structure?

In which of the following are substantial autonomy and decision-making authority delegated to a firm's subsidiaries around the world?

Organizational culture is ________.

High power-distance countries are characterized by ________.

Managers with a geocentric view of the world ________.

Advertising themes often convey unfavorable and embarrassing interpretations. This is most likely because ________.

Cultural intelligence is defined as ________.

Culture is NOT ________.

In cross-border business, successful managers ________.

Business dealings in low-context cultures are characterized by ________.

Low-context cultures tend to ________.

Which of the following explains how firms can use FDI to gain and sustain competitive advantage?

Which of the following is a benefit of internalizing foreign-based value-chain activities?

A proactive economic development plan initiated by the government, often in collaboration with the private sector, that aims to develop or support particular industries within the country is referred to as ________.

________ says that nations should accumulate financial wealth, usually in the form of gold, by encouraging exports and discouraging imports.

The eclectic paradigm specifies three conditions that determine whether a company will internationalize via FDI. Which of the following refer(s) to one of those conditions?

The ________ is one of the three key modern perspectives that helps explain the development of national competitive advantage.

Which of the following is TRUE with regard to new trade theory?

Which of the following explains the expansion of born global firms despite the scarcity of financial, human, and tangible resources?

________ is an explanation of the process by which firms acquire and retain one or more value-chain activities inside the firm, minimizing the disadvantages of dealing with external partners and allowing for greater control over foreign operations.

Which of the following is an example of an ownership-specific advantage?

In his International Product Life Cycle (IPLC) Theory, Raymond Vernon observed that each product and its manufacturing technologies go through three stages of evolution: introduction, maturity, and ________.

Which of the following is the last stage of evolution in the international product life cycle theory?

Which of the following is TRUE with regard to competitive advantage?

Which of the following is a typical outcome of free trade?

The leaders of Kazmia, a small nation in the southern hemisphere, have called a meeting to discuss ways to encourage foreign firms to invest in Kazmia. The country was once a leader in diamond mining and exports; however, the diamond mines have been depleted. Meanwhile, the standard of living in Kazmia has plummeted to its lowest levels, and young people are fleeing the country. Government leaders must devise a plan to reinvigorate the once prosperous nation.

According to Porter, Kazmia can attain economic prosperity by systematically cultivating new and superior factor endowments through