445 Sample questions second exam 7-12

445 Sample questions second exam 7-12 - Sample 445...

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Sample 445 questions Ch 7-12 1
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1. The advantages of using a licensing strategy to participate in foreign markets include A) bei ng es pe cia lly we ll sui ted to ac hie ve sc ale ec on om ies . B) en abl ing a co mp an y to ac hie ve firs t- mo ver ad va nta ge s qui ckl y 2
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2. The difference between a company that competes "internationally" and a company that competes "globally" is that an int ern ati on al co mp etit or ha s an int ern ati on al str ate gy an d a glo bal co mp etit or ha s a glo bal str ate gy. E) an int ern ati on al co mp etit or 4
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3. To use location to build competitive advantage, a company that operates multinationally or globally must ca n su ppl y all the ne ce ss ary ra w ma teri als an d co mp on ent s so as to av oid inb ou nd shi ppi ng co sts . 6
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4. Competing in the markets of foreign countries generally does not involve which of the following? nta ge, giv en co unt ry- to- co unt ry var iati on s in wa ge s rat es, wo rke r pro du cti vit y, en erg y co sts , tax rat es, an d the lik e 8
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5. A "think-local, act local" multicountry strategy entails
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445 Sample questions second exam 7-12 - Sample 445...

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