Which of the following is not a source of competitive advantage according to Bartlett and Ghosal's framework.

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Question 11 pts

Which of the following is  not a source of competitive advantage according to Bartlett and Ghosal's framework.

Group of answer choices

Scope Economies

Scale Economies

National Differences

None of the above

 

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Question 21 pts

According to the AAA framework, Aggregation strategies revolve around generating economies of scale or scope 

Group of answer choices

True

False

 

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Question 31 pts

If a firm faces risks due to uncertainties posed by the competitor's reactions to the firm's own strategies is referred as ............. risk

Group of answer choices

resource risk

political risk

competitive risk

macroeconomic risk

 

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Question 41 pts

According to the AAA framework suggested by Pankaj Ghemawat, ------------------- refers to strategies that seek to increase revenues and market share by tailoring one or more components of a company’s business model to suit local requirements or preferences

 

       
       
       

Group of answer choices

Adaptation

Agrregration

Arbitrage

None of the above

 

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Question 51 pts

A firm that is facing both strong cost pressures and strong pressures for local responsiveness should follow a _____ strategy.

Group of answer choices

international

global standardization

localization

transnational

 

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Question 61 pts

All of the following are the disadvantages of a company to pursue all of the three strategies of Adaptation, Aggregation and Arbitrage except.

Group of answer choices

present competitors with opportunities to undercut a company’s overall competitiveness

stretch a firm’s managerial bandwidth

allow companies to exploit its economies of scope and scale

force a company to operate with multiple corporate cultures,

 

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Question 71 pts

Global expansion allows firms to achieve all of the following, except:

Group of answer choices

expand the market for their domestic product offerings by selling those products in international markets.

standardize their product offering, marketing strategy, and business strategy for all national conditions.

realize cost economies from experience effects generated by serving a larger market from a central location.

Possibility of profitability and increase in profit growth

 

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Question 81 pts

According to AAA framework proposed by Ghemawat, Aggregation is about creating economies of _______ and ---------------------

Group of answer choices

learning and adaptation

scale and scope

learning and scale

scope and adaptation

 

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Question 91 pts

The need for coordination between subunits is lowest in firms pursuing a(n):

Group of answer choices

localization strategy.

international strategy.

global strategy.

transnational strategy.

 

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Question 101 pts

In which of the following organizational structures are the domestic operations and foreign operations isolated from each other leading to coordination problems?

Group of answer choices

Global matrix structure

International division structure

Worldwide product division structure

Worldwide area structure

 

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Question 111 pts

In the classic global matrix structure, organization is structured along two dimensions. These dimensions are:

Group of answer choices

hierarchy and overall strategy.

target returns and sales potential.

marketing strategy and sales potential.

product division and geographic area.

 

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Question 121 pts

The need for coordination between subunits is highest in firms pursuing a(n):

Group of answer choices

Global strategy.

National strategy.

localization strategy.

transnational strategy.

 

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Question 131 pts

Which of the following terms refers to the metrics used to measure the performance of subunits and make judgments about how well managers are running those subunits?

Group of answer choices

Key processes

Knowlegdge networks

control systems

incentives

 

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Question 141 pts

The emphasis on local responsiveness in firms pursuing a localization strategy creates strong pressures for:

Group of answer choices

centralizing all decisions regarding marketing, R&D, and human resource management.

decentralizing operating decisions to foreign subsidiaries.

centralizing all operating decisions.

global learning.

 

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Question 151 pts

Firms engaging in a _____ with a local company can benefit from a local partner's knowledge of the host country's competitive conditions, culture, language, political systems, and business systems.

Group of answer choices

turnkey project

exporting

licensing

joint venture

 

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Question 161 pts

If a high-tech firm sets up operations in a foreign country to profit from a core competency in technological know-how, which of the following entry strategies is best?

Group of answer choices

joint venture

wholly owned subsidiaries

licensing

turn key projects

 

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Question 171 pts

The organizational structure that is best suited for emerging markets that are becoming lead markets and major talent pools

Group of answer choices

T- Shaped

Product

Geographical

None of the above

 

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Question 181 pts

Which of the following is not an advantage of strategic alliances?

Group of answer choices

It allows firms to share the fixed costs of developing new products or processes.

It is a way to bring together complementary skills and assets that neither company could easily develop on its own.

It will help the firm establish technological standards for the industry that will benefit the firm.

It gives a firm tight control over operations in different countries.

 

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Question 191 pts

Which of the following is an advantage of establishing a joint venture?

Group of answer choices

When the development costs and/or risks of opening a foreign market are high, a firm might gain by sharing these costs and or risks with a local partner.

Joint ventures give a firm a tight control over subsidiaries that it might need to realize experience curve or location economies.

The firm is deprived of the knowledge of the host country's competitive conditions, culture, language, etc.

Joint ventures with local partners do not face any risk of being subject to nationalization or other forms of adverse government interference.

 

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Question 201 pts

If a firm can realize location economies by moving production elsewhere, it should avoid:

Group of answer choices

licensing

wholly owned subsidiaries

turnkey projects

exporting

 

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Question 211 pts

From the perspective of International Human Resource Management, interunit linkages help an organization balance the needs for variety, coordination and control 

Group of answer choices

True

False

 

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Question 221 pts

Turnover among repatriated employees is major concern for international human resource managers

Group of answer choices

True

False

 

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Question 231 pts

Which of the following staffing policies limits a firm's ability to reduce its use of expatriates?

Group of answer choices

Geocentric

Regiocentric

Neocentric

Transnational

 

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Question 241 pts

A polycentric staffing approach may be effective for firms pursuing a(n):

Group of answer choices

international strategy

Localization strategy

both transnational and global standardization strategy

None of the above

 

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Question 251 pts

How is a geocentric staffing policy beneficial to a firm?

Group of answer choices

It requires the firm to provide little or no documentation to hire a foreign national.

is inexpensive to implement.

It allows all key management positions to be filled by parent-country nationals.

It enables the firm to make the best use of its human resources.

 

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Question 261 pts

Organizations should continue to be follow a  risk averse and incremental approach when dealing with CSR issues in global context. 

Group of answer choices

True

False

 

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Question 271 pts

Adoption of which of the following ethical approaches is most likely to cause a company to use tools such as cost-benefit analysis and risk assessment to weigh all of the social benefits and costs of a business action?

Group of answer choices

Naive immoralism

Utilitarianism

Righteous moralism

None of the above

 

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Question 281 pts

 

International managers cannot find solace in either cultural relativism or ethical imperialism in finding solutions to ethical problems. 

Group of answer choices

True

False

 

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Question 291 pts

Child labor is permitted and widely employed in Country X. A multinational company entering Country X decides to employ minors in its subsidiary, even though it is against the multinational's home-country ethics. Which of the following approaches to business ethics would justify the actions of the multinational company?

Group of answer choices

Rights Theory

Righteous moralist

Cultural relativism

Justice Theory

 

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Question 301 pts

The strategic approach to managing Corporate Social Responsibility includes all of the following approaches except:

Group of answer choices

Entrepreneurial

Partnership based

Paternalistic

Mutual dependence/learning