In ______ societies, competitiveness, assertiveness, and the exercise of power are considered ideal.

BUS 475 Week 2 Chapter 10 Global Strategy Competing Around the World Assignment

1.         A company should only expand abroad if

2.         Benicio’s Burritos is a leader in the Mexican fast-food category in the United States. It decides to expand internationally, starting in Japan. Benicio’s Burritos fails within a year, learning later that Mexican food is uncommon in Japan and that the flavor profiles are not compatible with Japanese palates. The failure of Benicio’s Burritos can be attributed to which of the following?

3.         Which of the following risks do companies face when expanding internationally?

loss of Intellectual property

4.         When a company has difficulty coordinating operations across geographic distance and between distinct culture environments, it experiences _______ .

5.         If the economic value creation of international expansion is negative, a firm should ______ .

not expand internationally

6.         At a basic level, the concept of “liability of foreignness” refers to the additional _______ .

cost of doing business In an unfamiliar cultural and economic environment

7.         MNEs pursuing a _______ ocean strategy tend to also pursue a transnational strategy.

8.         A(n) _________ strategy focuses on integration at the business level by attempting to reconcile product differentiations at low cost.

transnational

9.         The benefits to be accrued from locating value chain activities In the world’s optimal geographies for a specific activity are known as _________ economies.

location

10.       Which of the following characteristics help make an MNE’s international strategy successful?

11.       What are the four quadrants of the integration-responsiveness framework?

multidomestic strategy

international strategy

global standardization strategy

transnational strategy

12.       If a firm’s goal is to leverage home-based core competencies in foreign markets, it should pursue a(n) strategy.

International

13.       The Japanese market is very particular, and MNEs tend to have a challenging time breaking into the market successfully. To provide the most local responsiveness and to influence Japanese consumers in believing that the products are local, an MNE should follow a(n)______  strategy.

multidomestic

14.       One notable advantage of a multidomestic strategy is

lower exchange-rate exposure

15.       Which of the following factors helped make Germany, which was a tough environment for a car company, conducive to successful car companies?

demanding customers

16.       When companies face a highly competitive environment at home, they are more likely to _______ .

outperform global competition that lacks such intense domestic competition

17.       Which of the following statements about economic distance are true?

Wealthy companies benefit from trade when their competitive advantage is based on economies of experience, scale, and scope.

Wealthy countries tend to trade with other wealthy countries.

18.       As MNEs compete internationally, a focus on local responsiveness allows them to do which of the following?

19.       What are the factors in Michael Porter’s model of national competitiveness?

competitive intensity in a focal industry

20.       In order for a company to be considered a multinational enterprise, it must operate ______ .

in more than one country

21.       A company’s ________ is the part of a corporate strategy that addresses how to gain and sustain a competitive advantage when competing against other foreign and domestic companies around the world.

22.       Foreign direct investments are investments in ______ .

23.       True or false: U.S. MNEs have a disproportionately positive impact on the U.S. economy.

True

24.       Under Globalization 3.0, MNEs freely locate business functions anywhere in the world based on an optimal mix of which factors?

25.       Rising wages and other costs are likely to negate any benefits MNEs have of access to ________ .

26.       Which of the following statistics regarding MNEs are correct?

27.       Which of the following have helped make globalization possible?

28.       Which of the folloeing is the part of culture ?

beliefs

social mores

29.       The extent to which members of a society feel anxious when faced with an unknown situation is known as

30.       The cultural disparity between the Internationally expanding firm’s home country and its targeted host country is known as ________.

31.       In ______ societies, competitiveness, assertiveness, and the exercise of power are considered Ideal.

32.       The extent to which members of a society feel anxious when faced with an unknown situation is known as _______ .

33.       Which of the following dimensions are considered In the CAGE

distance framework?

34.       Despite a growing belief In the death-of-distance hypothesis, there remains evidence that certain countries remain leaders in specific Industries and maintain a kind of ________ advantage.

35.       Companies seek to access international markets as a means of ______ .

36.       Which of the following are among the primary considerations when determining the mode in which a firm enters a foreign market?

37.       Calculating cultural distance involves comparing the cultures of which of the following?

38.       Which of the following have the effect of shrinking the administrative and political distance between countries?

39.       When a country’s demand conditions include high-density urban living and high energy costs, consumers can be expected to prefer air conditioners that are which of the following?

energy-efficient

40.       Which of the following are benefits of a transnational strategy?

It promotes global learning and the diffusion of best practices and innovations.

41.       Since expanding internationally, IKEA has shifted focus, concentrating on effectively managing a global supply chain in order to achieve economies of scale. This is reflective of a(n) _________ strategy.

42.       The benefits of competing on a global scale exist _____.

43.       The strategic foundations of the globalization hypothesis are based primarily on _____ .

44.       Which of the following factors help define the administrative and political distance between two countries?

 the absence or presence of political hostilities

45.       During globalization 1.0 all Important business functions were located in the home country, whereas during globalization 2.0 multinationals began to copy themselves

_______ .

46.       True or False: Though low-skilled laborers make much exists for high-skilled workers.

False

47.       Leading biotechnology, software, and Internet companies and leading computer concentrateo in wmen or tne following countries or states?

48.       A country’s natural, human, and other resources can be expressed in terms of_______.

49.       During the first stage of globalization, business functions that took place abroad were limited to which of the following?

sales

50.       A multinational enterprise would likely be motivated to pursue a global-standardization strategy in order to ________ .

take advantage of location economies

51.       In the global economy, according to Porter, competitive advantages increasingly exist in such as Silicon Valley.

52.       The belief that the importance of location is diminishing as an explanation of firm-level competitive advantage is called ________ .

The oldest form of internationalization is __________, which involves producing goods in one country to sell in another country.

53.       When Walmart posted a list of banned suppliers on its website, this was an example of_________.

54.       In a global-standardization strategy, the main competitive element is ________ .

55.       Which of the following factors enabled India to gain a competitive advantage in business process outsourcing?

56.       Firms can achieve increased competitive advantage as a result of ________      , which are firms that

produce a good or service that increases the perceived value of a focal firm’s offering when the two are combined.

Which of the following best defines national competitive advantage quizlet?

Which of the following risks do companies face when expanding internationally?

Which of the following are reasons firms expand international?

Which of the following are considered disadvantages of a Multidomestic strategy?