MasterEagle2773
Q5 The _______________________ posits that new firms should first…
Q5
The _______________________ posits that new firms should first expand within their home market, and then expand into similar or nearby markets, and preferably use lower risk entry modes early on.
Group of answer choices
Risk mitigation theory
Born global theory
Stages model
Entry mode strategy
Globalization mode
Q6
Italy is often cited as a country with an international competitive advantage in high fashion.
According to Porter’s Diamond Model, which of the following features of the Italian high fashion industry would NOT be expected to contribute to Italy’s competitive advantage in high fashion?
Group of answer choices
Availability of talented designers and skilled garment industry workers
International reputation of Italian high fashion
Ancillary industries such as crafts/art, fabrics, fasteners, etc.
Discerning and demanding customers for high fashion in Italy
Intense competition among fashion houses within the industry
Q7
The problems associated with acquisitions include all of the following EXCEPT ____________________________________________.
Group of answer choices
being unable to achieve the presumed synergy
reduced diversification, leading to higher risk
loss of key resources (e.g., talent) after the acquisition
paying too much for the target firm
experiencing problems (e.g., cultural fit) in integrating the two firms
Q8
In the context of international business, recent political backlash and an erosion of global institutions has resulted in which of the following________________________.
Group of answer choices
transnational strategies
deglobalization
wholly owned subsidiaries
localization strategies
international joint ventures
Q9
McDonald’s expanded internationally by first offering its traditional American-themed menu (e.g., burgers and fries) in foreign countries, but later showed greater adaptation to national tastes and cultures (e.g., conjee and taro pie in China, veggie/lamb burgers in India, etc.).
These two MNE strategies correspond respectively to____________________. Choose the alternative that fits best.
Group of answer choices
International strategy and localization strategy
Transnational strategy and global strategy
Localization strategy and global strategy
International strategy and global strategy
Localization strategy and transnational strategy
Q10
Which of the following is NOT an example of foreign direct investment by a company?
Group of answer choices
Acquiring another company abroad
Buying stocks and bonds in a foreign country
Investing in a marketing and distribution firm abroad to sell the company’s products
Setting up a foreign R&D center
Building a manufacturing plant in a foreign market
Q11
Which of the following IS generally a good strategic reason for a company to undertake an M&A?
Group of answer choices
to buy an attractive highly profitable business
to leverage the company’s existing capabilities into the target’s business
to grow the size of a company and meet growth targets
to increase margin by buying up a “middleman” in the company’s supply chain
to outbid other companies and emerge as a winner in buying a target company
Q12
Which of the following is a type of strategy that coordinates multiple stakeholders who come together to cooperate on a common purpose?
Group of answer choices
balanced scorecard strategy
divestiture strategy
diversification strategy
vertical integration strategy
ecosystem strategy
Q13
In a diversified company, corporate-level (as opposed to business-level) strategy is primarily concerned with ____________________________.
Group of answer choices
increasing company stock price over the long term
developing the right generic strategy for each of the firm’s businesses
managing the resources and capabilities of the company
the selection and coordination of the company’s portfolio of businesses
determining how each function (e.g., marketing, HR) of the firm will operate
