internationally. A) International strategic management 2) ________ is the process of developing a particular international strategy. A) Strategic planning 3) Which of the following would be the most involved with strategic planning at Olson Pharmaceuticals, an MNE? A) Aaron, a top-level executive 4) ________ are comprehensive frameworks for achieving a firm's fundamental goals. B) International strategies
5) Garmin Footwear, an MNE, establishes facilities anywhere in the world that yields the lowest production or distribution costs. Garmin most likely benefits from ________. C) location efficiencies 6) JBX Automobiles, a global firm, builds factories to serve more than one country and lower the MNE's production costs. JBX Automobiles most likely benefits from ________. B) economies of scale 7) What form of efficiency did Mercedes-Benz capture by initially producing its sport utility vehicle only in Alabama? B) economies of scale 8) Carvel Industries, an MNE, broadens its product line in each of the countries that it enters. Carvel most likely benefits from ________. D) economies of scope 9) ________ occur(s) when firms build factories that serve more than one country and lower their production costs. B) Economies of scale 10) Nike achieved ________ by centering its manufacturing in countries where labor costs are relatively low. C) location efficiencies 11) Martin Enterprises, an MNE with operations in India, Japan, and Taiwan, has decided to delegate an increasing amount of responsibility to the managers of its local subsidiaries. Which of the following will most likely be enhanced as a result? A) multinational flexibility 12) Which of the following would most likely be minimized if too much power was centralized in one unit of the firm? A) worldwide learning 13) A global firm's worldwide learning may be increased by ________. B) diverse operating environments 14) Multinational flexibility is ________. D) enhanced when responsibility is delegated to subsidiaries 15) When using a(n) ________, a firm utilizes the core competency or firm-specific advantage it developed in the domestic market as its main competitive weapon in the foreign markets it enters.
B) home replication strategy 16) With the home replication strategy ________. A) the firm utilizes the core competency of the firm or firm-specific advantage it developed in domestic markets as its main competitive weapon in the foreign market it enters 17) Mercedes-Benz relies on its brand name and reputation for well-engineered, luxurious cars to succeed in foreign markets. Mercedes-Benz is most likely using the ________ strategy. B) home replication 18) Parker Sportswear is an MNE with retail stores around the world. Parker views itself as a collection of relatively independent operating subsidiaries, each of which focuses on a specific domestic market. Parker most likely uses a ________ strategy. A) multidomestic 19) With the multidomestic strategy ________.