ibus ch11 - 1 Marks 2 Corporate combination strategies are...

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Unformatted text preview: 1 Marks: 2 Corporate combination strategies are quite uncommon because international corporations generally follow identical strategies in each of their business units. Answer: Correct Marks for this submission: 2/2. 2 Marks: 2 To be the largest global company in each industry in which we compete is an example of a business-unit objective. Answer: a. True b. False Correct Marks for this submission: 2/2. 3 Marks: 2 Which of these is NOT a support activity in a company's value chain? Answer: a. Infrastructure b. Marketing and sales c. Procurement d. Human resource management Correct Marks for this submission: 2/2. 4 Marks: 2 Scenario: Beanstalk International Beanstalk International is rapidly growing. The company wants to follow a strategy of adapting its products and marketing in each national market to suit local preferences. Beanstalk is intent on creating value for its customers.Beanstalk managers know the drawback of such a strategy is that it ________. Answer: a. does not allow companies to exploit s b. can cause a company to overlook im c. is applicable to industries in which pr d. none of these Incorrect Marks for this submission: 0/2. 5 Marks: 2 The main drawback of a multinational strategy is that it does not allow a company to ________. Answer: a. exploit scale economies in product de b. closely monitor buyer preferences in c. modify its products except for the mo d. all of these Incorrect Marks for this submission: 0/2. 6 Marks: 2 Many concerns facing managers when formulating a strategy are different for domestic as compared with international companies. Answer: a. True b. False Correct Marks for this submission: 2/2. 7 Marks: 2 A company's mission statement often guides decisions such as which industries to enter or exit and how to compete in chosen segments. Answer: a. True b. False Correct Marks for this submission: 2/2. 8 Marks: 2 Because the international division structure concentrates international expertise in one division, divisional managers become spets in a wide variety of activities such as foreign exchange, export documentation, and host- government lobbying. Answer: a. True b. False Incorrect Marks for this submission: 0/2. 9 Marks: 2 Companies involved in more than one line of business must first formulate a ________. Answer: a. business-level strategy b. department-level strategy c. corporate-level strategy d. global-level strategy Incorrect Marks for this submission: 0/2. 10 Marks: 2 A multinational strategy is best suited to industries in which price competitiveness is a key success factor. Answer: a. True b. False Correct Marks for this submission: 2/2. 11 Marks: 2 Having 10% of all sales come from international operations within two years is an example of a strategic objective....
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ibus ch11 - 1 Marks 2 Corporate combination strategies are...

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