global strategy The computer industry is an example of which of the following

Global strategy the computer industry is an example

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integration. global strategy  The computer industry is an example of which of the following? global industry  T/F: Efficiency refers to emphasizing consensus-based decision making and problem solving, in which managers readily share their knowledge. false 
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T/F: In order to facilitate shared decision-making between headquarters and country managers, corporate representatives should often visit subsidiary locations. true  T/F: In the export department structure, the export department answers directly to top management. true  T/F: Trade policies usually have little effect on a firm's choice of entry mode. false  T/F: Reactive motivation for exporting are those that pull a firm into foreign markets as a result of opportunities available there false  Where are the world's most important international trading companies located? Japan  What is the first step in selecting a foreign market? assessing market potential  What are the third parties that specialize in facilitating imports and exports called? intermediaries  ____for exporting are those that push a firm into foreign markets. reactive motivations  T/F: Firms should use both objective and subjective measures when considering the potential for growth in an economy. true  ___are tangible or intangible resources owned by a firm which grant it a competitive advantage over its industry rivals ownership advantages  A(n) ____ is a firm directly engaged in importing and exporting a wide variety of goods for its own account. international trading company 
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A(n)___ is a firm that acts as its client's export department export management company  T/F: Manufacturers' agents specialize in the physical transportation of goods. false  Which of the following would most likely discourage an international firm from relying on exports as an entry mode? tariffs  ___are tangible or intangible resources owned by a firm which grant it a competitive advantage over its industry rivals ownership advantages  T/F: One disadvantage of exporting is that it forces the firm to enter the foreign market quickly false what is culture? -set of values, beliefs, institutions, rules held by specific group of people. -main components: aesthetics, values and attitudes, manners and customs, social structure, religion, personal communication, education, and physical and material environments  national culture -nation-states support it by building museums/monuments. Nation-states intervene to help preserve their national cultures -companies support for public relations benefit  subculture -group of ppl with unique way of life w/in larger dominant culture  physical environment (culture) -influences culture's development and pace of change -geo isolated cultures = less exposed to other cultures and slower to change -impact products needs, personal communication -affects where people settle and directs system of distribution
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 (cultural importance of) values ideas, beliefs, customs people are emotionally attached to. affect work ethic, desire for material possession.
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