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Chapter 11 - International Strategies
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Questions in this quiz (48)
1International strategies are an example of ________ strategies.
- Acorporate
- Bbusiness
- Cfunctional
- Doperational
2Which one of the following is not a potential source of economies of scope for firms pursuing international strategies?
- Ato develop new core competencies
- Bto manage corporate risk
- Cto control countertrade
- Dto gain access to low-cost factors of production
3Different ________ standards can require a firm pursuing international opportunities to change its current products or services to sell them into a nondomestic market.
- Afinancial
- Boperational
- Cfiscal
- Dphysical
4Japanese retail distribution has historically been much more ________ than the system that exists in the United States or Western Europe.
- Aclosely held
- Bfragmented
- Cconsolidated
- Dopen
5Embargoes are an example of
- Aquotas.
- Btariffs.
- Cnontariff barriers.
- Dsubsidies.
6Countervailing duties are an example of
- Aquotas.
- Bnontariff barriers acquisition.
- Ctariffs.
- Dcountertrade.
7Variable levies are an example of
- Aquotas.
- Btariffs.
- Cnontariff barriers.
- Dcountertrade.
8________ currencies are currencies that are traded, and thus have value, on international money markets.
- ASoft
- BVariable
- COperational
- DHard
9The second stage in the product life cycle is the ________ stage.
- Aintroduction
- Bgrowth
- Cmaturity
- Ddecline
10Which one of the following is not a determinant of the ability of a firm to learn from its international operations?
- Athe intent to learn
- Bthe transparency of business partners
- Creceptivity to learning
- Dthe resources for learning
11________ requires a firm to modify or abandon traditional ways of engaging in business.
- AUnlearning
- BLearning
- CRelearning
- DAbsorbing
12________ can help firms be successful in addressing the local needs of nondomestic customers, thereby increasing demand for a firm's current products or services.
- AGlobalization
- BInternationalization
- CTarget responsiveness
- DLocal responsiveness
13A ________ strategy exploits all the advantages of both international integration and local responsiveness.
- Acorporate
- Bmultinational
- Ctransnational
- Dglobal
14Hedging is a way to counter the ________ risks of doing business in foreign markets.
- Apolitical
- Bfinancial
- Ccultural
- Dbusiness
15Broad changes in the political situation in a foreign country is an example of political risk that affects the international strategies at the ________ level.
- Amacro
- Bmicro
- Cfunctional
- Dcultural
16Improvements in the ________ infrastructure of business are one of the important contributors to the growth in the number of firms pursuing international strategies.
- Apecuniary
- Bcultural
- Ctechnological
- Dcorporate
17The ability to develop detailed local knowledge of nondomestic markets may require firms to have management teams with a great deal of ________ experience.
- Aforeign
- Btechnical
- Ccorporate
- Dfunctional
18Even if direct duplication of a firm's international strategies is ________, ________ might still exist that limit the ability of that strategy to generate sustained competitive advantages.
- Acostly; substitutes
- Binexpensive; substitutes
- Ccostly; fragmentation
- Dinexpensive; fragmentation
19A firm implements a(n) ________ strategy when it diversifies its business operations across country boundaries.
- Afunctional
- Boperational
- Cinternational
- Dtransnational
20Exporting is a form of
- Aintermediate market governance.
- Bhierarchical governance.
- Cvertical governance.
- Dmarket governance.
21Which one of the following is an example of the hierarchical governance option for firms pursuing international strategies?
- Amergers
- Bexporting
- Clicensing
- Djoint ventures
22Acquisitions are an example of the ________ governance option for firms pursuing international strategies.
- Amarket
- Bhierarchical
- Ccorporate
- Dintermediate market
23Strategic alliances fall within the ________ governance option for firms pursuing international strategies.
- Acorporate
- Bmarket
- Cintermediate market
- Dhierarchical
24In a ________, strategic and operational decisions are delegated to divisions/country companies.
- Atransnational structure
- Bdecentralized federation
- Ccoordinated federation
- Dcentralized hub
25Which one of the following is not a structural option for firms pursuing international strategies?
- Acorporate federation
- Bdecentralized federation
- Ctransnational structure
- Dcentralized hub
26Which one of the following structural options combines a high level of both global integration and local responsiveness?
- Acentralized hub
- Bdecentralized hub
- Ctransnational structure
- Dcoordinated federation
27In many ways, the transnational structure is similar to the
- Acoordinated federation.
- Bcentralized hub.
- Cdecentralized federation.
- Ddecentralized hub.
28In a coordinated federation structure, shared activities and other cross-divisional/cross-country economies of scope are managed by the
- Acountry unit.
- Bcorporate center.
- Clocal unit.
- Dcountry manager.
29The role of corporate headquarters in a ________ is to constantly scan business operations across different countries for resources and capabilities that might be a source of competitive advantage for other divisions/country companies in the firm.
- Acentralized hub
- Bcoordinated federation
- Cdecentralized federation
- Dtransnational structure
30Firms that seek to maximize their local responsiveness will tend to choose a ________ structure
- Atransnational
- Bcentralized hub
- Cdecentralized federation
- Dcoordinated federation
31Firms that seek to maximize international integration in their operations will typically opt for ________ structures.
- Adecentralized federation
- Bcoordinated federation
- Ccentralized hub
- Dtransnational
32Firms that seek to balance the need for local responsiveness and international integration will typically choose
- Acentralized federations
- Btransnational structures
- Cdecentralized federations
- Dmatrix structures
33Firms that attempt to optimize both local responsiveness and international integration will choose a ________ organizational structure.
- Acentralized hub
- Btransnational
- Ccoordinated federation
- Ddecentralized federation
34Firms that have been successful in adopting the transnational structure include
- ASony.
- BDisney.
- CFord.
- DNokia.
35Toyota is an example of a firm that uses the ________ structure.
- Acentralized hub
- Btransnational
- Cdecentralized federation
- Dcoordinated federation
36General Electric (GE) uses a ________ structure to manage its global operations.
- Atransnational
- Bcentralized hub
- Cdecentralized federation
- Dcoordinated federation
37In a ________ structure, corporate staff functions are generally limited to the collection of accounting and other performance information from divisions/country companies and to reporting this aggregate information to appropriate government officials and to the financial markets.
- Atransnational
- Bdecentralized federation
- Ccentralized hub
- Dcoordinated federation
38In a ________ structure, operational decisions are delegated to division general managers/country presidents, but broader strategic decisions are made at corporate headquarters.
- Atransnational
- Bcentralized hub
- Ccoordinated federation
- Ddecentralized federation
39Firms pursuing an international strategy have ________ basic organizational structural alternatives.
- A3
- B5
- C4
- D2
40There are relatively few examples of pure ________ in today's economy.
- Adecentralized federations
- Btransnational structures
- Ccentralized hubs
- Dcoordinated federations
41An important economy of scope for Agrestal in pursuing international opportunities is
- Atechnology.
- Baccess to raw materials.
- Corganizational learning.
- Dsynergy.
42Agrestal's use of licensing in certain countries is an example of ________ governance organizing option.
- Amarket
- Bcorporate
- Chierarchical
- Dintermediate market
43When Agrestal (along with other companies) was asked to leave a foreign country in the 1990s, it was a victim of
- Acorporate risk.
- Bcultural risk.
- Cpolitical risk.
- Dfinancial risk.
44What Agrestal did in Brazil was an example of
- Ahedging.
- Bcountertrade.
- Cdiversification.
- Dstrategizing.
45Agrestal's use of hedging is a way for the company to guard against ________ risks.
- Apolitical
- Bmarket
- Cbusiness
- Dfinancial
46Agrestal's organizational structure is most likely the ________ structure.
- Acentralized hub
- Btransnational
- Cdecentralized federation
- Dcoordinated federation
47From its organization structure, it appears that Agrestal is attempting to maximize ________ in its operations.
- Alocal responsiveness
- Bstrategic coordination
- Coperational coordination
- Dinternational integration
48To optimize both local responsiveness and international integration, Agrestal has to move to a ________ structure.
- Amatrix
- Btransnational
- Coperational
- Dcoordinated federation
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- Quiz on Chapter 11 - International Strategies, created by Strategy IO on 12/11/2016.
- Author
- Strategy IO
- Language
- English
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