Brainscape's Knowledge GenomeTM

Browse over 1 million classes created by top students, professors, publishers, and experts.


See full index

Peregrine Modules > 635. International Business > Flashcards

635. International Business Flashcards

1
Q

Overall, strategy is

A

none of the above

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

a rulebook

A

Anglo-American capitalism

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

The word blank____________ has now become the most famous Chinese business word to appear in English-language media and means interpersonal networks.

A

guanxi

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

“Global Strategy” refers to

A

a particular theory on how to compete
B
offering standardized products and services on a worldwide basis
C
strategy of firms around the globe – essentially various firms’ theories about how to compete successfully
D
all of the above

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

Global strategies have reached new levels of significance because of three defining events:

A

terrorist attacks, anti-globalization protests, and corporate crisis in Asia and the U.S.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

A SWOT analysis entails a firm’s assessment of blank______

A

strengths, weaknesses, opportunities, and threats

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

At the dawn of the 21st century, blank____ had significant ramifications for companies and strategists around the world.

A 
A		
anti-globalization protests
B		
terrorist attacks
C		
corporate governance crisis
D		
all of the above
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

Knowing the concepts and components of global strategy will

A 
A		
improve job and career opportunities
B		
build awareness of what is going on in the world
C		
avoid the downside risks of globalization
D		
all of the above
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

What is the best view of the concept of globalization?

A

A
A new force sweeping through the world in recent times
B
A long-run historical evolution since the dawn of human history
C
A pendulum that swings from one extreme to another from time to time
D
All of the above

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

What are the three “legs” of the strategy tripod that ensure a strategy impacts performance?

A

Industry-based competition, firm-specific resources and capabilities, and institutional conditions and transitions

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

In developing a strategy regarding competition or cooperation, it would be useful to not

A

“Look back, reason ahead”

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

“The extent to which a given competitor possesses strategic endowment comparable, in terms of both type and amount, to those of the focal firm” refers to similarity of

A

resources

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

Which is not true concerning U.S. anti-trust policy today?

A

The legal standards for inter-firm cooperation are no longer ambiguous in the U.S.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

Dumping is defined as

A

an exporter selling below cost abroad and planning to raise prices after eliminating local rivals

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

In some industries where pressures for globalization are relatively low, local firms may possess some skills and assets that are transferable overseas, thus leading to a/anblank_____ strategy.

A

extender

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

The main types of attack include

A 
A		
thrust
B		
feint
C		
gambit
D		
all of the above
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
17
Q

Which of the following would not be considered an initial set of actions to gain competitive advantage:

A

counterattacks

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
18
Q

Which of the following is not a legal means of signaling?

A

Direct discussion of reduced rivalry with competitors

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
19
Q

Which is true of strategy?

A

All of the above

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
20
Q

The three drivers of counterattacks do not include

A

vengeance

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
21
Q

Which of the following is not an argument in favor of centralization in knowledge management but instead is an argument in favor of decentralization?

A

Permits greater speed, flexibility, and innovation

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
22
Q

Unique to international competition are the pressures for local responsiveness, which are reflected in

A 
A		
consumer preferences
B		
distribution channels
C		
host country demands
D		
all of the above
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
23
Q

Four strategic choices for MNEs do not include

A

B

domestic

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
24
Q

The type of knowledge that is codifiable (that is, it can be written down and transferred without losing much of its richness) is called

A

explicit

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
25
Q

Which is true of globalized R&D?

A

For large firms, there are actually diminishing returns for R&D

26
Q

Knowledge management uses “centers of excellence” in which type of MNE?

A

global standardization

27
Q

Localization (multi-domestic) strategy involves all of the following except

A

global standardization strategy is the same as a multi-domestic strategy

28
Q

Pressures for cost reductions and local responsiveness include

A 
A		
the framework of how to simultaneously deal with these two sets of pressures
B		
host country demands and expectations
C		
being locally responsive makes local customers and governments happy but increase costs
D		
all of the above
29
Q

Which of the following is not an argument in favor of decentralization in knowledge management but instead is an argument in favor of centralization?

A

Sufficient power for corporate-level managers to initiate necessary actions

30
Q

This structure is often used to supply customers (often other MNEs) in a coordinated and consistent way across various countries.

A

global account structure

31
Q

The differences in formal and informal institutions that govern the rules of the game in different countries include blank_______ differences.

A 
A		
Regulatory
B		
Language
C		
Cultural
D		
All of the above
32
Q

As firms expand into more countries, they should recognize:

A

Foreign firms are still often discriminated against.
B
Foreign firms primarily deploy overwhelming resources and capabilities that offset the liability of foreignness.
C
Foreign firms are able to offset the liability of foreignness and still have some competitive advantage.
D
All of the above.

33
Q

Small firms in a large domestic market are referred to as:

A

Occasional internationalizers.

34
Q

Firms may choose not to enter certain countries if:

A

There are dissemination risks.

35
Q

Organizing firm-specific resources and capabilities as a bundle:

A

Favors firms with strong complementary assets.

36
Q

Which of the following are not regulatory risks?

A

Recent trends among host governments regarding their relationships with MNEs.

37
Q

Which of the following exemplify trade barriers?

A 
A		
Tariffs.
B		
Local content requirements.
C		
Restrictions on certain entry modes.
D		
A and C above.
E		
All of the above.
38
Q

The strategic goal of blank__________ involves going after countries that offer the highest price.

A

Market seeking

39
Q

First mover advantages do not include:

A

Successful clashes with dominant firms in domestic markets

40
Q

Large-scale entries do which of the following?

A 
A		
Benefit from a strategic commitment.
B		
Assure local customers and suppliers.
C		
Deter potential entrants.
D		
A and B above.
E		
All of the above.
41
Q

Non-equity modes of entry typically involve:

A

Exports and contractual agreements.

42
Q

All of the following are true of direct exports except:

A

The agendas and objectives of the intermediaries and exporters are the same.

43
Q

Selling the rights to intellectual property for a royalty fee is involved in:

A

Licensing/franchising.

44
Q

Greenfield operations refers to:

A

Wholly owned subsidiaries.

45
Q

Sources of operational synergy include:

A 
A		
Technologies.
B		
Marketing.
C		
Manufacturing.
D		
All of the above.
46
Q

Diversification premium is the same thing as:

A

Conglomerate advantage.

47
Q

Which would be more characteristic of conglomerates?

A

“Putting one’s eggs in similar baskets.”
C
“Putting one’s eggs in different baskets.”

b and c

48
Q

Research regarding the relationship between product diversification and firm performance indicates that:

A

A
Performance may increase as firms shift from single business strategies to product-related diversification.
B
Performance may decrease as firms change from product-related to product–unrelated.
C
The linkage between diversification and performance is inverted U shaped.
D
“Putting your eggs in similar baskets,” has emerged as a balanced way to both reduce risk and leverage synergy.
E
All of the above.

49
Q

Which geographic diversification is most likely to reduce the liability of foreignness?

A

Culturally adjacent countries.

50
Q

In combining product and geographic diversification, which is not one of the four possible combinations?

A

Classic replicators.

51
Q

At its core, diversification is essentially driven by all of the following except:

A

Less complicated information systems.

52
Q

Select the best choice: a company that is engaged in oil production, pipelines and tankers, refining, and gasoline stations has engaged in blank______________ expansion.

A

Vertical

53
Q

Which is one motive for M&A which does not necessarily increase shareholder value?

A

Hubris.

54
Q

Corporate scope is shaped by:

A 
A		
Industry conditions.
B		
Firm capabilities.
C		
Institutional constraints.
D		
Opportunities in both developed and emerging economies.
E		
All of the above.
55
Q

Product-related diversification involves all of the following except:

A

A single business strategy.

56
Q

he following managerial motives for conglomerations do not benefit shareholders except:

A

Organizational stability.

57
Q

Which of the following is true regarding M&As?

A

70% fail

58
Q

To ensure the success of the M&A, managers need to make sure of all the following except:

A

Seek organizational contrast and variety rather than organizational fit.

59
Q

Which is true regarding restructuring?

A

Corporate restructuring is not widely embraced around the world.

60
Q

Which is true of relatedness?

A

Relatedness can be a common underlying dominant logic that connects various businesses in a diversified firm.

Peregrine Modules (3 decks)

Brainscape helps you reach your goals faster, through stronger study habits.
© 2024 Bold Learning Solutions. Terms and Conditions