1|Page
BSG Comprehensive Final Exam Newest Actual Exam
Preparation With Complete Questions And Correct
Answers With Rationales||Verified Exam!! | Already
Graded A+||Newest Exam Version!!!
Many companies acquire a local business as a means of
entering foreign markets because - Answer-acquisition is
quicker than creating a new subsidiary and building its
entire operations from the ground up, and it may be the
least risky and cost-efficient means of hurdling entry
barriers.
Which of the following account for why companies decide
to enter foreign markets? - Answer-To gain access to new
customers and/or achieve lower costs and thereby
become more cost competitive
Because buyer tastes for a particular product or service
sometimes differ substantially from country to country, -
Answer-companies operating in a global marketplace must
wrestle with whether and how much to customize their
offerings in each different country market to match the
tastes and preferences of local buyers or whether to
pursue a strategy of offering a mostly standardized
product worldwide
,2|Page
The advantages of using a franchising strategy to pursue
opportunities in foreign markets include - Answer-having
franchisees bear most of the costs and risks of
establishing foreign locations and requiring the franchiser
to expand only the resources to recruit, train, support, and
monitor foreign franchisees.
A company is said to be engaging in "cross market.
subsidization" when - Answer-it supports a competitive
offensive in one market with resources, capabilities, and
profits (cash flows) diverted from operations in other
country markets.
Which of the following is not among the various strategic
ways a company can establish a competitive presence in
foreign markets? - Answer-A profit sanctuary strategy
Which of the following statements regarding global
competition is false? - Answer-In global competition,
there's more cross-country variation in industry conditions
and competitive forces than there is in industries where
multicountry competition prevails.
,3|Page
In which one of the following instances is it not
advantageous to concentrate a company's activities in a
few locations? - Answer-When the company is striving to
build profit sanctuaries in more than five different countries
Profit Sanctuaries - Answer-are country markets (or
geographic regions) in which a company derives
substantial profits because of its strong or protected
market position
Based on the content of Figure 7.2, which of the following
is the most unlikely element of a localized multicountry
strategy - Answer-Using the best suppliers from anywhere
in the world
Domestic companies facing competitive pressure from
lower-cost imports - Answer-benefit when their
government's currency declines in value relative to the
currencies of the countries where the lower cost foreign
imports are being manufactured
According to Figure 7.2, which of the following does not
accurately characterize the differences between a
localized multicountry strategy and a global strategy? -
, 4|Page
Answer-A global strategy involves striving to be the global
low-cost provider by economically producing and
marketing a mostly standardized product worldwide
whereas a multicountry strategy entails pursuing broad
differentiation and striving to strongly differentiate its
products in one country from the products it sells in other
countries.
A firm pursuing a "think global, act local" approach to
strategy-making - Answer-pursues a competitive strategy
that is essentially the same in all country markets where it
operates but it may nonetheless give local managers room
to make minor variations where necessary to better satisfy
local buyers and to better match local market conditions.
Which one of the following is among the important
strategic issues associated with competing across national
boundaries? - Answer-Whether to employ essentially the
same basic competitive strategy in all countries or modify
the strategy country by country to better match local
market and competitive conditions
Competing in one or more countries or regions of the
world causes strategy-making to be more complex partly
because of - Answer-sizable cross-country differences in
BSG Comprehensive Final Exam Newest Actual Exam
Preparation With Complete Questions And Correct
Answers With Rationales||Verified Exam!! | Already
Graded A+||Newest Exam Version!!!
Many companies acquire a local business as a means of
entering foreign markets because - Answer-acquisition is
quicker than creating a new subsidiary and building its
entire operations from the ground up, and it may be the
least risky and cost-efficient means of hurdling entry
barriers.
Which of the following account for why companies decide
to enter foreign markets? - Answer-To gain access to new
customers and/or achieve lower costs and thereby
become more cost competitive
Because buyer tastes for a particular product or service
sometimes differ substantially from country to country, -
Answer-companies operating in a global marketplace must
wrestle with whether and how much to customize their
offerings in each different country market to match the
tastes and preferences of local buyers or whether to
pursue a strategy of offering a mostly standardized
product worldwide
,2|Page
The advantages of using a franchising strategy to pursue
opportunities in foreign markets include - Answer-having
franchisees bear most of the costs and risks of
establishing foreign locations and requiring the franchiser
to expand only the resources to recruit, train, support, and
monitor foreign franchisees.
A company is said to be engaging in "cross market.
subsidization" when - Answer-it supports a competitive
offensive in one market with resources, capabilities, and
profits (cash flows) diverted from operations in other
country markets.
Which of the following is not among the various strategic
ways a company can establish a competitive presence in
foreign markets? - Answer-A profit sanctuary strategy
Which of the following statements regarding global
competition is false? - Answer-In global competition,
there's more cross-country variation in industry conditions
and competitive forces than there is in industries where
multicountry competition prevails.
,3|Page
In which one of the following instances is it not
advantageous to concentrate a company's activities in a
few locations? - Answer-When the company is striving to
build profit sanctuaries in more than five different countries
Profit Sanctuaries - Answer-are country markets (or
geographic regions) in which a company derives
substantial profits because of its strong or protected
market position
Based on the content of Figure 7.2, which of the following
is the most unlikely element of a localized multicountry
strategy - Answer-Using the best suppliers from anywhere
in the world
Domestic companies facing competitive pressure from
lower-cost imports - Answer-benefit when their
government's currency declines in value relative to the
currencies of the countries where the lower cost foreign
imports are being manufactured
According to Figure 7.2, which of the following does not
accurately characterize the differences between a
localized multicountry strategy and a global strategy? -
, 4|Page
Answer-A global strategy involves striving to be the global
low-cost provider by economically producing and
marketing a mostly standardized product worldwide
whereas a multicountry strategy entails pursuing broad
differentiation and striving to strongly differentiate its
products in one country from the products it sells in other
countries.
A firm pursuing a "think global, act local" approach to
strategy-making - Answer-pursues a competitive strategy
that is essentially the same in all country markets where it
operates but it may nonetheless give local managers room
to make minor variations where necessary to better satisfy
local buyers and to better match local market conditions.
Which one of the following is among the important
strategic issues associated with competing across national
boundaries? - Answer-Whether to employ essentially the
same basic competitive strategy in all countries or modify
the strategy country by country to better match local
market and competitive conditions
Competing in one or more countries or regions of the
world causes strategy-making to be more complex partly
because of - Answer-sizable cross-country differences in
