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Exam (elaborations)

IBUS 305: Global Business Strategy & Competitive Advantage – Ultimate Exam Pack (2025

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*Crush Your IBUS 305 Final Exam with This All-in-One Pack!* Struggling with global strategy frameworks, market entry modes, or anti-dumping cases? This A+ guaranteed exam pack is your ultimate weapon! Packed with 25+ frequently tested questions, model answers, and battle-tested strategies, it covers every critical topic: VRIO & Porter’s Five Forces – Master competitive analysis and resource valuation. Global vs Transnational Strategy – Decode the integration-responsiveness matrix (e.g., Apple vs McDonald’s localization). Dumping & Micro-Financing Risks – Navigate legal/ethical dilemmas with case studies (e.g., IBM’s vaporware). Market Entry Modes – Joint ventures, franchising, greenfield investments – with pros/cons. Cultural Intelligence – Apply Hofstede’s dimensions to HR, marketing, and negotiations. Why Buy This? A+ Guarantee – Aligned with 2025 syllabi at AACSB-accredited schools. Time-Saver – No textbook skimming; concise "Exam Hit List" prioritizes key topics. Real-World Ready – Case studies (Swatch, Renault-Nissan, OPEC) bridge theory and practice.

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Uploaded on
May 30, 2025
Number of pages
10
Written in
2024/2025
Type
Exam (elaborations)
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Questions & answers

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INTERNATIONAL BUSINESS 305 – FINAL EXAM PACK 2025
GRADED A+ | 100% VERIFIED ANSWERS | EXAM HIT LIST + STRATEGY



QUICK EXAM HIT LIST:

• VRIO Framework
• Porter’s Five Forces
• Global vs Transnational Strategy
• Guanxi & Networking
• Dumping & Anti-dumping Laws
• Stages vs Born Global Model
• Collusion & Industry Structures
• Local vs Global Responsiveness
• Entry Strategies & MNE Structures
• Corporate Governance & Strategic Alliances




QUESTION 1: Why do price wars erupt in industries like autos but not in the diamond industry?

Definition:
Price War – A competitive battle where firms reduce prices to gain market share.

Causes:

• Low product differentiation
• Slow market growth
• Overcapacity

Industry Comparison:

Industry Price Wars Likely? Why?
Automobiles Yes Generic offerings, price-sensitive buyers
Diamonds No High perceived value, exclusivity

Example:
Swatch avoided price wars by branding itself as a fashion icon.

Strategy to Win:

• Differentiate (e.g. features, branding)

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, • Cut costs via outsourcing
• Trim product lines, sell in bundles



QUESTION 2: Is investing in micro-financing risky in developed economies?

Case Study: Muhammad Yunus, Nobel Peace Prize Winner

Pros:

• Enables income for the poor
• Builds financial credibility
• Accessible without collateral
• Reduces poverty

Cons:

• No collateral → Higher interest rates
• Exploitation by rich
• Unviable or misused business ideas
• Poor awareness in remote regions



QUESTION 3: Would you file an antidumping case against foreign competitors?

Definition:
Dumping – Selling below cost abroad to eliminate local competitors.

Reasons to File:

• Recovers market share
• Domestic job protection
• Likely to win with legal backing

Risks:

• Legal costs
• Customer backlash (price hikes)
• Damaged industry relations




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