Question 1

A disadvantage of a multinational model is that it:

Accepted Answer

A)   is difficult to transfer core skills among international operations.
B)   does not give any freedom to its subsidiaries to respond to local conditions.
C)   standardizes its goods and services ignoring customers' preferences.
D)   is difficult to launch a coordinated global attack against competitors.
E)   centralizes functions of research and development to the parent company.F) A) and E)
G) None of the above

Question 2

Discuss the advantages of licensing and franchising.In what situations are each of these strategies most appropriate?

Accepted Answer

Licensing and franchising are both popul...

Question 3

The disorientation and stress associated with being in a foreign environment is termed:

Accepted Answer

A)   international mores.
B)   nostalgia.
C)   culture shock.
D)   expatriation.
E)   cognitive dissonancE.F) A) and B)
G) B) and C)

Question 4

When there are differences among countries in traditional practices such as driving,pressures for local responsiveness emerge.

Accepted Answer

A) True 
 B)False

Question 5

Road Rage is a sports goods manufacturing company based and founded in Plutonia.The company operates a subsidiary in Bradford,marketing products that are customized to appeal to the people of Bradford.In this case,Road Rage is following the _____ model.

Accepted Answer

A)   domestic
B)   international
C)   multinational
D)   contingency
E)   globalF) All of the above
G) C) and D)

Question 6

Which of the following is an advantage of offshoring?

Accepted Answer

A)   It increases the wage costs,increasing the benefits of offshoring.
B)   It increases the energy costs,increasing the benefits of offshoring.
C)   It helps to find talent which is in short supply in the home country.
D)   It helps remove wage stagnation of workers and enables a steady increase.
E)   It is cheaper for managers to offshorE.F) A) and B)
G) B) and E)

Question 7

A major disadvantage of the multinational model is higher manufacturing costs and duplication of effort.

Accepted Answer

A) True 
 B)False

Question 8

Which of the following countries has become an important provider of online computer and software support for the United States?

Accepted Answer

A)   Egypt
B)   Great Britain
C)   India
D)   Mexico
E)   TaiwanF) B) and E)
G) All of the above

Question 9

_____ create strong pressure for a global strategy.

Accepted Answer

A)   Universal needs
B)   Differences in traditional practices
C)   Political demands imposed by host countries
D)   Varied consumer preferences
E)   Legal demands imposed by host countriesF) B) and E)
G) C) and D)

Question 10

Companies that adopt the global model tend to base their global competitive strategy on cost considerations.

Accepted Answer

A) True 
 B)False

Question 11

Write an essay on exporting.State its advantages and disadvantages.

Accepted Answer

Exporting is the act of selling goods or...

Question 12

Using host-country nationals at an overseas subsidiary is generally more expensive than using expatriates.

Accepted Answer

A) True 
 B)False

Question 13

In order to achieve cost economies,Apex Manufacturing bases its production plants in Mexico and gets its engineering services from skilled workers in Germany.In this case,Apex is using the _____ model of organizational structure.

Accepted Answer

A)   international
B)   multinational
C)   global
D)   transnational
E)   intranationalF) A) and B)
G) B) and C)

Question 14

Companies both large and small now view the world,rather than a single country,as their marketplace.

Accepted Answer

A) True 
 B)False

Question 15

_____ is the tendency to judge others by the standards of one's group or culture,which are seen as superior.

Accepted Answer

A)   Individualism
B)   Centralism
C)   Uncertainty avoidance
D)   Ethnocentrism
E)   HypocrismF) C) and E)
G) A) and C)

Question 16

Which of the following countries is on its way to becoming the largest producer and consumer of many of the world's goods?

Accepted Answer

A)   Japan
B)   Canada
C)   Mexico
D)   China
E)   VietnamF) None of the above
G) A) and D)

Question 17

State the factors that managers should take into account while deciding whether or not to offshore.

Accepted Answer

The answer of State the factors that managers should take...

Question 18

A disadvantage of entering global competition through a joint venture is that:

Accepted Answer

A)   it often aggravates political issues and incurs protectionist measures.
B)   the partner's ideas about local tastes and preferences may interfere with standardized operations.
C)   it involves the risk of losing control over technology to the partner.
D)   it is the most expensive and risky option for entering a global market.
E)   the local partner should bear most of the risks and costs involved.F) A) and D)
G) A) and C)

Question 19

Companies that decentralize their operations throughout the globe in order to appeal to the varying tastes and preferences of global consumers are utilizing a _____ model.

Accepted Answer

A)   domestic
B)   international
C)   multinational
D)   intranational
E)   globalF) C) and E)
G) A) and B)

Question 20

The global strategy model that uses subsidiaries in each country and provides each a great deal of discretion to respond to local conditions is the _____ model.

Accepted Answer

A)   international
B)   multinational
C)   global
D)   transnational
E)   domesticF) B) and E)
G) A) and D)

Exam 6: International Management

Companies that adopt the global model tend to base their global competitive strategy on cost considerations.

Correct AnswerverifiedShow Answer

A disadvantage of a multinational model is that it:

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Write an essay on exporting.State its advantages and disadvantages.

Correct AnswerAnswered by ExamLex AIExporting is the act of selling goods or...View AnswerShow Answer

A disadvantage of entering global competition through a joint venture is that:

Correct AnswerverifiedShow Answer

Discuss the advantages of licensing and franchising.In what situations are each of these strategies most appropriate?

Correct AnswerAnswered by ExamLex AILicensing and franchising are both popul...View AnswerShow Answer

Using host-country nationals at an overseas subsidiary is generally more expensive than using expatriates.

Correct AnswerverifiedShow Answer

When there are differences among countries in traditional practices such as driving,pressures for local responsiveness emerge.

Correct AnswerverifiedShow Answer

The global strategy model that uses subsidiaries in each country and provides each a great deal of discretion to respond to local conditions is the _____ model.

Correct AnswerverifiedShow Answer

State the factors that managers should take into account while deciding whether or not to offshore.

Correct AnswerverifiedShow Answer

Which of the following countries is on its way to becoming the largest producer and consumer of many of the world's goods?

Correct AnswerverifiedShow Answer

The disorientation and stress associated with being in a foreign environment is termed:

Correct AnswerverifiedShow Answer

_____ is the tendency to judge others by the standards of one's group or culture,which are seen as superior.

Correct AnswerverifiedShow Answer

Which of the following is an advantage of offshoring?

Correct AnswerverifiedShow Answer

Companies both large and small now view the world,rather than a single country,as their marketplace.

Correct AnswerverifiedShow Answer

_____ create strong pressure for a global strategy.

Correct AnswerverifiedShow Answer

A major disadvantage of the multinational model is higher manufacturing costs and duplication of effort.

Correct AnswerverifiedShow Answer

Which of the following countries has become an important provider of online computer and software support for the United States?

Correct AnswerverifiedShow Answer

In order to achieve cost economies,Apex Manufacturing bases its production plants in Mexico and gets its engineering services from skilled workers in Germany.In this case,Apex is using the _____ model of organizational structure.

Correct AnswerverifiedShow Answer

Companies that decentralize their operations throughout the globe in order to appeal to the varying tastes and preferences of global consumers are utilizing a _____ model.

Correct AnswerverifiedShow Answer

Road Rage is a sports goods manufacturing company based and founded in Plutonia.The company operates a subsidiary in Bradford,marketing products that are customized to appeal to the people of Bradford.In this case,Road Rage is following the _____ model.

Correct AnswerverifiedShow Answer

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Answered by ExamLex AI
Exporting is the act of selling goods or...
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Correct Answer
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Answered by ExamLex AI
Licensing and franchising are both popul...
View Answer

Correct Answer
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