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Question;QUESTION 311. A good business definition will ____________.a.make imitation easy for competitorsb.remain static over timec.reflect creative exploration of opportunities in the competitive based on imitating competitorse.None of the Above5 pointsQUESTION 321. When there are many opportunities to gain global efficiencies and customer demands require a relatively high level of local responsiveness, it is best to develop and execute a/an ____________ vision.a.internationalb.transnationalc.globald.multinationale.niche5 pointsQUESTION 331. A __________ is a corporation that operates many businesses that are largely unrelated.a.conglomerateb.niche playerc.differentiatord.multinational firme.None of the Above5 pointsQUESTION 341. The simplest vehicle for international expansion is create consolidate structures across make foreign direct merge with multinational corporations5 pointsQUESTION 351. ___________ are used to access more capital through the world's stock markets.a.Net present value calculationsb.Bootstrapping techniquesc.IPOsd.Expatriatese.Value nets5 pointsQUESTION 361. The risk of a price war is greatest in which of the following circumstances?a.A high-growth industryb.An industry characterized by falling demand, high exit barriers, and excessive productive capacityc.An industry characterized by a "commodity-type" product, strong demand, and low exit barriersd.A mature industry during an economic upturne.An industry characterized by tacit price agreements5 pointsQUESTION 371. Which of the following is true regarding corporate governance? includes pay and promotion affects the way strategy is is related to strategy is related to strategy implementatione.All of the Above5 pointsQUESTION 381. __________ options may occur when an entry investment creates opportunities to pursue valuable follow-up projects.a.Learningb.Growthc.Flexibilityd.Exite.Waiting-to-invest5 pointsQUESTION 391. All of the following except _________ are global trends.a.increasing resource strainsb.a growing number of consumers in emerging economiesc.decreasing global labor and talent marketsd.increasing environmental strainse.shifting of economic activity within countries and regions5 pointsQUESTION 401. Corporate governance mechanism are ____________.a.pretty much the same wherever you gob.are somewhat dependent on the national context in questionc.characterized by an immediate abandoning of the old established technologyd.more adversarial between owners and managers in Japane.indifferent to the interests of corporate shareholders5 pointsQUESTION 411. The _____________ occurs when a new product generates rapid growth and huge sales increases.a.IPOb.maturation phasec.takeoff periodd.product life-cyclee.All of the Above5 pointsQUESTION 421. Because every country has a relatively unique business environment, the more country environments a firm must deal with, the __________ cost(s) of coordinating operations across these diverse environments.a.greater the difficulty andb.greater the chance of synergy and a lowerc.lower thed.easier it will be to absorbe.None of the Above5 pointsQUESTION 431. Making decisions about which value chain activities to engage in while pursuing international strategies involves considering the _________ element.a.differentiatorsb.economic logicc.vehiclesd.staging and pacinge.arenas5 pointsQUESTION 441. The balanced scorecard ____________.a.balances costs against benefitsb.measures strategy and vision against business and operating-unit-level performancec.attempts to weigh the benefits of combining cost leadership and differentiationd.focuses on only financial objectivese.has nothing to do with personal objectives5 pointsQUESTION 451. Which of the following is false?a.Total benefits of internationalization take the shape of a S-curveb.Total costs of internationalization tend to increase with levels of internationalizationc.Net gains from internationalization tend to increase as levels of internationalization increased.Net gains from internationalization take on the shape of a S-curvee.Net gains from internationalization are affected by the total costs of internationalization5 pointsQUESTION 461. ___________ suggests that because competitive actions will generate reactions, a firm's managers should predict reactions to its actions and use that information to determine what would be the best course of action given competitors' likely reactions.a.Being "stuck-in-the-middle"b.Institutional theoryc.The theory of perfect competitiond.Competitive interaction theorye.The resource-based theory of the firm5 pointsQUESTION 471. In ________ public firms are controlled by state-owned or state-controlled share-holders.a.Detroitb.Flintc.Chinad.the U.S.A.e.both (a) and (b)5 pointsQUESTION 481. When workers are treated as a commodity you can expect ________ pay and ________ commitment.a.low / highb.low / lowc.high / lowd.high / highe.All of the Above5 pointsQUESTION 491. The Krispy Kreme case provides an example of important it is to have a delicious doughnutb.the importance of good corporate governancec.a company stock price that just keeps rising and the pocket book is more important than the stomache.why public servants are often found in doughnut shops5 pointsQUESTION 501. Implementing the integration of a new acquisition is ______________.a.not so much an event as it is a continual processb.easy once the firm is acquiredc.purely a cultural issued.purely a technical issuee.a process in which important decisions should be made slowly5 pointsQUESTION 511. A company lacking only __________ will likely experience a very stressful transformation.a.a clear communication of appropriate structurec.a well thought-out execution pland.the requisite skillse.the motivating incentives5 pointsQUESTION 521. Potential advantages of alliances include ___________.knowledge sharingeffective managementjoint investmentcomplimentary resourcesAll of the Above5 pointsQUESTION 531. In an industry with intense rivalry resulting in supply consistently being higher than demand, you would expect the following type of M&A:a.Product/Market extensionb.Geographic roll-upsc.Industry convergenced.M&A as Research and Developmente.Overcapacity M&A5 pointsQUESTION 541. ____________ call for managers to think of arenas as sites in which to conduct experiments or launch probes into the possible future of the firm and its strategy.a.Idiosyncratic resourcesb.Technological discontinuitiesc.Turbulent and hypercompetitive marketsd.Globalization strategiese.None of the Above5 pointsQUESTION 551. Which of the following is a sound management practice? Aiming for _________ and rewarding for _________.a.teamwork / individual effortb.candor / agreeing with the bossc.delayering / creating efficiencyd.long-term growth / quarterly quality / shipping on schedule even with defects5 pointsQUESTION 561. Which of the following industries contains the majority of the top six revenue generating corporations?a.Automotiveb.Bankingc.Insuranced.Oil and Gase.Telecommunications5 pointsQUESTION 571. Which of the following is false?a.In dynamic environments, synergies are achieved through static definitions of the business-unit arenas and formal structural links among them.b.Monopolies tend to dictate the price levels in a market by controlling supply.c.In the evolution of firms over time, most leadership teams decide to expand into new businesses.d.Firms with a broad scope of business activities have different demands for organizational structure than firms that are narrowly focused.e.Perfect competition is the ideal environment for maximizing firm profits.5 pointsQUESTION 581. Entrepreneurship starts with _____________.a.venture capitalistsb.angel ideae.None of the Above5 pointsQUESTION 591. __________ is best described as a web of shifting linkages among evolving businesses.a.A social networkb.High-end disruptionc.Low-end disruptiond.An agency probleme.Coevolution5 pointsQUESTION 601. All of the following except ____________ are part of strategy formulation.a.staging and pricingb.deciding on which industries to compete inc.executing implementation leversd.considering the economic logic of your business modele.determining what will differentiate your product or service


Paper#45718 | Written in 18-Jul-2015

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