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Exam 11: International Strategies

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Question 21

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In 2008,more than 50 percent of General Motor's automobile's sales came from outside the United States.

A) True
B) False

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Question 22

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Exporting is a form of

A) intermediate market governance.
B) hierarchical governance.
C) vertical governance.
D) market governance.

E) B) and C)
F) A) and D)

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Question 23

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The ability to learn from operations can be helped if managers perceive that there is too much to be learned.

In some international markets,adequate distribution networks exist but are tied up by new entrants to these markets.

Even if direct duplication of a firm's international strategies is ________,________ might still exist that limit the ability of that strategy to generate sustained competitive advantages.

Improvements in the ________ infrastructure of business is one of the important contributors to the growth in the number of firms pursuing international strategies.

Embargoes are an example of nontariff barriers.

General Electric (GE) uses a ________ structure to manage its global operations.

Hard currencies are currencies that are traded,and thus have value,on international money markets.

In a ________ structure,operational decisions are delegated to division general managers/country presidents,but broader strategic decisions are made at corporate headquarters.

Which one of the following is not a structural option for firms pursuing international strategies?

A ________ strategy exploits all the advantages of both international integration and local responsiveness.

Firms that seek to maximize their local responsiveness will tend to choose a ________ structure

An important economy of scope for Agrestal in pursuing international opportunities is

In 2008,about a third of Wal-Mart's profits came from outside the United States.

There are relatively few examples of pure ________ in today's economy.

International strategies are an example of ________ strategies.

Firms that attempt to optimize both local responsiveness and international integration will choose a ________ organizational structure.

International strategies are actually a special case of business strategies.

Different physical standards can require a firm pursuing international opportunities to change its current products or services to sell them into a nondomestic market.