Class Questions

Which of the following is not true about Maria from Danimal?

B. She had an Eastern Education

What is the main reason for (American) expats failure?

B. Spouse's inability to adjust

Which is not a reason to the failure of the Danimal project in South Africa?

B. The local guerilla lords destroyed company property

What is not a program the company offered to Sam Lafayette when he moved to France?

C. Offered 7 months to prepare for the move

Which was the biggest GATT multilateral trade negotiation that formed the WTO?

C. Uruguay

Which of the following is NOT correct of TRIPS?

D. It was established during the Geneva Round

When considering global expansion process, which of the following determines when to create an alliance with a business rather than acquire a business?

D. When entering industries with low competition

In the P&G video, what strategy did P&G's Alberto Carvalho decide to use during the economic downturn?

A. Blue Ocean

Who is the Troika composed of?

A. European Central Bank, IMF, European Commission

Where does "Maria being promoted and no longer being in charge of Danimal" fall within the Urgency vs. Importance Matrix

A. High Importance, High Urgency

What is the first step of the U-Curve of Cross Cultural Adjustment?

A. Honeymoon

What is the order of the stages, from first to last, of the U-Curve Cross Cultural Adjustment?

A. Honeymoon, Culture Shock, Adjustment, and Mastery

What type of strategy involves taking products produced in the domestic market and exporting them to another country without customizing them or reducing costs?

A. International Strategy

Which of the following is not a benefit of the GATT?

A. Replaces WTO

Blue Ocean Strategy

- Refers to the creation by a company of a new, uncontested market space that makes competitors irrelevant and that creates new consumer value often while decreasing costs