Chapter 11 - International Strategies

Beschreibung

Quiz am Chapter 11 - International Strategies, erstellt von Strategy IO am 12/11/2016.
Strategy IO
Quiz von Strategy IO, aktualisiert more than 1 year ago
Strategy IO
Erstellt von Strategy IO vor etwa 8 Jahre
213
1

Zusammenfassung der Ressource

Frage 1

Frage
International strategies are an example of ________ strategies.
Antworten
  • corporate
  • business
  • functional
  • operational

Frage 2

Frage
Which one of the following is not a potential source of economies of scope for firms pursuing international strategies?
Antworten
  • to develop new core competencies
  • to manage corporate risk
  • to control countertrade
  • to gain access to low-cost factors of production

Frage 3

Frage
Different ________ standards can require a firm pursuing international opportunities to change its current products or services to sell them into a nondomestic market.
Antworten
  • financial
  • operational
  • fiscal
  • physical

Frage 4

Frage
Japanese retail distribution has historically been much more ________ than the system that exists in the United States or Western Europe.
Antworten
  • closely held
  • fragmented
  • consolidated
  • open

Frage 5

Frage
Embargoes are an example of
Antworten
  • quotas.
  • tariffs.
  • nontariff barriers.
  • subsidies.

Frage 6

Frage
Countervailing duties are an example of
Antworten
  • quotas.
  • nontariff barriers acquisition.
  • tariffs.
  • countertrade.

Frage 7

Frage
Variable levies are an example of
Antworten
  • quotas.
  • tariffs.
  • nontariff barriers.
  • countertrade.

Frage 8

Frage
________ currencies are currencies that are traded, and thus have value, on international money markets.
Antworten
  • Soft
  • Variable
  • Operational
  • Hard

Frage 9

Frage
The second stage in the product life cycle is the ________ stage.
Antworten
  • introduction
  • growth
  • maturity
  • decline

Frage 10

Frage
Which one of the following is not a determinant of the ability of a firm to learn from its international operations?
Antworten
  • the intent to learn
  • the transparency of business partners
  • receptivity to learning
  • the resources for learning

Frage 11

Frage
________ requires a firm to modify or abandon traditional ways of engaging in business.
Antworten
  • Unlearning
  • Learning
  • Relearning
  • Absorbing

Frage 12

Frage
________ can help firms be successful in addressing the local needs of nondomestic customers, thereby increasing demand for a firm's current products or services.
Antworten
  • Globalization
  • Internationalization
  • Target responsiveness
  • Local responsiveness

Frage 13

Frage
A ________ strategy exploits all the advantages of both international integration and local responsiveness.
Antworten
  • corporate
  • multinational
  • transnational
  • global

Frage 14

Frage
Hedging is a way to counter the ________ risks of doing business in foreign markets.
Antworten
  • political
  • financial
  • cultural
  • business

Frage 15

Frage
Broad changes in the political situation in a foreign country is an example of political risk that affects the international strategies at the ________ level.
Antworten
  • macro
  • micro
  • functional
  • cultural

Frage 16

Frage
Improvements in the ________ infrastructure of business are one of the important contributors to the growth in the number of firms pursuing international strategies.
Antworten
  • pecuniary
  • cultural
  • technological
  • corporate

Frage 17

Frage
The ability to develop detailed local knowledge of nondomestic markets may require firms to have management teams with a great deal of ________ experience.
Antworten
  • foreign
  • technical
  • corporate
  • functional

Frage 18

Frage
Even if direct duplication of a firm's international strategies is ________, ________ might still exist that limit the ability of that strategy to generate sustained competitive advantages.
Antworten
  • costly; substitutes
  • inexpensive; substitutes
  • costly; fragmentation
  • inexpensive; fragmentation

Frage 19

Frage
A firm implements a(n) ________ strategy when it diversifies its business operations across country boundaries.
Antworten
  • functional
  • operational
  • international
  • transnational

Frage 20

Frage
Exporting is a form of
Antworten
  • intermediate market governance.
  • hierarchical governance.
  • vertical governance.
  • market governance.

Frage 21

Frage
Which one of the following is an example of the hierarchical governance option for firms pursuing international strategies?
Antworten
  • mergers
  • exporting
  • licensing
  • joint ventures

Frage 22

Frage
Acquisitions are an example of the ________ governance option for firms pursuing international strategies.
Antworten
  • market
  • hierarchical
  • corporate
  • intermediate market

Frage 23

Frage
Strategic alliances fall within the ________ governance option for firms pursuing international strategies.
Antworten
  • corporate
  • market
  • intermediate market
  • hierarchical

Frage 24

Frage
In a ________, strategic and operational decisions are delegated to divisions/country companies.
Antworten
  • transnational structure
  • decentralized federation
  • coordinated federation
  • centralized hub

Frage 25

Frage
Which one of the following is not a structural option for firms pursuing international strategies?
Antworten
  • corporate federation
  • decentralized federation
  • transnational structure
  • centralized hub

Frage 26

Frage
Which one of the following structural options combines a high level of both global integration and local responsiveness?
Antworten
  • centralized hub
  • decentralized hub
  • transnational structure
  • coordinated federation

Frage 27

Frage
In many ways, the transnational structure is similar to the
Antworten
  • coordinated federation.
  • centralized hub.
  • decentralized federation.
  • decentralized hub.

Frage 28

Frage
In a coordinated federation structure, shared activities and other cross-divisional/cross-country economies of scope are managed by the
Antworten
  • country unit.
  • corporate center.
  • local unit.
  • country manager.

Frage 29

Frage
The role of corporate headquarters in a ________ is to constantly scan business operations across different countries for resources and capabilities that might be a source of competitive advantage for other divisions/country companies in the firm.
Antworten
  • centralized hub
  • coordinated federation
  • decentralized federation
  • transnational structure

Frage 30

Frage
Firms that seek to maximize their local responsiveness will tend to choose a ________ structure
Antworten
  • transnational
  • centralized hub
  • decentralized federation
  • coordinated federation

Frage 31

Frage
Firms that seek to maximize international integration in their operations will typically opt for ________ structures.
Antworten
  • decentralized federation
  • coordinated federation
  • centralized hub
  • transnational

Frage 32

Frage
Firms that seek to balance the need for local responsiveness and international integration will typically choose
Antworten
  • centralized federations
  • transnational structures
  • decentralized federations
  • matrix structures

Frage 33

Frage
Firms that attempt to optimize both local responsiveness and international integration will choose a ________ organizational structure.
Antworten
  • centralized hub
  • transnational
  • coordinated federation
  • decentralized federation

Frage 34

Frage
Firms that have been successful in adopting the transnational structure include
Antworten
  • Sony.
  • Disney.
  • Ford.
  • Nokia.

Frage 35

Frage
Toyota is an example of a firm that uses the ________ structure.
Antworten
  • centralized hub
  • transnational
  • decentralized federation
  • coordinated federation

Frage 36

Frage
General Electric (GE) uses a ________ structure to manage its global operations.
Antworten
  • transnational
  • centralized hub
  • decentralized federation
  • coordinated federation

Frage 37

Frage
In a ________ structure, corporate staff functions are generally limited to the collection of accounting and other performance information from divisions/country companies and to reporting this aggregate information to appropriate government officials and to the financial markets.
Antworten
  • transnational
  • decentralized federation
  • centralized hub
  • coordinated federation

Frage 38

Frage
In a ________ structure, operational decisions are delegated to division general managers/country presidents, but broader strategic decisions are made at corporate headquarters.
Antworten
  • transnational
  • centralized hub
  • coordinated federation
  • decentralized federation

Frage 39

Frage
Firms pursuing an international strategy have ________ basic organizational structural alternatives.
Antworten
  • 3
  • 5
  • 4
  • 2

Frage 40

Frage
There are relatively few examples of pure ________ in today's economy.
Antworten
  • decentralized federations
  • transnational structures
  • centralized hubs
  • coordinated federations

Frage 41

Frage
An important economy of scope for Agrestal in pursuing international opportunities is
Antworten
  • technology.
  • access to raw materials.
  • organizational learning.
  • synergy.

Frage 42

Frage
Agrestal's use of licensing in certain countries is an example of ________ governance organizing option.
Antworten
  • market
  • corporate
  • hierarchical
  • intermediate market

Frage 43

Frage
When Agrestal (along with other companies) was asked to leave a foreign country in the 1990s, it was a victim of
Antworten
  • corporate risk.
  • cultural risk.
  • political risk.
  • financial risk.

Frage 44

Frage
What Agrestal did in Brazil was an example of
Antworten
  • hedging.
  • countertrade.
  • diversification.
  • strategizing.

Frage 45

Frage
Agrestal's use of hedging is a way for the company to guard against ________ risks.
Antworten
  • political
  • market
  • business
  • financial

Frage 46

Frage
Agrestal's organizational structure is most likely the ________ structure.
Antworten
  • centralized hub
  • transnational
  • decentralized federation
  • coordinated federation

Frage 47

Frage
From its organization structure, it appears that Agrestal is attempting to maximize ________ in its operations.
Antworten
  • local responsiveness
  • strategic coordination
  • operational coordination
  • international integration

Frage 48

Frage
To optimize both local responsiveness and international integration, Agrestal has to move to a ________ structure.
Antworten
  • matrix
  • transnational
  • operational
  • coordinated federation
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