MGMT Chap 8

if intellectual property rights in an emerging economy are not well protected the number of firms in the industry is rapidly growing and the need for global integration is high ___ is the preferred entry mode

a joint venture or wholly owned subsidary

****if conflict is a strategic alliance or joint venture is not manageable a ____ may be a better option****

acquisition

if conflict is a strategic alliance or joint venture is not manageable a ____ may be a better option

acquisition

in porters model if a country has both ___ and ___ production factors it is likely to serve an indusry well by spawning strong home country competitors that can also be successful global

advanced/specialized

a licensing agreement

allows a foreign firm to purchase the rights to manufacture and sell a firms products within host country

which of the following is not a factor pressuring companies for local responsiveness

availability of low labor costs

***a global strategy differs from a multidomestic corporate level strategy in that a global strategy..***

competitive strategy is dictated by home office

internationally diversified firms

earn greater on their innovations through larger or more numerous markets

global strategy emphasizes

economies of scale

****the location advantages associated with locating facilities in other countries can include all of the following except****

evasion of host country governmental regulations

us manufacturer is considering expanding internationally. it is a small company lookign for growth opportunities. the company should consider

exporting

benefits of expanding into international markets include each of the following except

favorable tax concessions and economic incentives by home country governments

****a transnational corporate level strategy seeks to acheive****

global efficiency and local responsiveness

the means of entry into international markets that offers the greatest control is

greenfield ventures

the increased pressures for global integration of operations have been driven mostly by

increasing demand for similar products

global strategy

lacks responsiveness to local markets

****firms able to standardize the processes used to produce sell distribute and service their products across country borders enhance their ability to****

learn how to continuously reduce costs while increase the value of their products

the choices that a firm has for entering the international market include all of the following except

leasing

****____ is the set of costs associated with unfamiliar operating environments economic .. admin and cultural differences and the challenges of coordination over distances****

liability of foreignness

****a multidomestic corporate strategy has ___ need for global integration and ___ need for local market responsiveness****

low/high

the 4 aspects of porters model of international competitive adv include all except

political and economic institutions

***all of the following are disadvantages associated with exporting except***

potential loss of proprietary tech

all of the following are reasons why firms use international strategic alliances except

strategic alliances are easy to manage

international strategy refers to

strategy through which the firm sells products in markets outside the firms domestic market

factors of production in porters model of international competitive advantage include all of the following except

tech

a multidomestic corporate level strategy is one in which

the firm customizes the product for each country in which it competes

****which of the following is an advantage associated with greenfield venture****

the level of control over the firms operations

advantage associated with greenfield ventures?

the level of control over the firms operations

****international corporate strategy focuses on****

the scope of operations through both product and geographic diversification

which of the following is not an incentive for firms to become multinational

to avoid high domestic taxation on corporate income

in porters model a specialized factor of production would include

workers with advanced engineering skills