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Wpc 480 Chapter 8 Questions With Correct Answers

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WPC 480 CHAPTER 8 QUESTIONS WITH CORRECT ANSWERS

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The four determinants of national advantage are factors of production; demand
conditions; firm strategy, structure, and rivalry; and:


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related and supporting industries.




A semiconductor company has established a plant overseas in South Africa, where
the power grid is somewhat unreliable. The plant has a continuous manufacturing
process. Of the two main risks of international strategy, which of the following is most
relevant to the circumstances of the semiconductor company?


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Economic risks

, If a firm chooses exporting as its preferred entry into the international market, its
advantages include:


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avoiding the costs of establishing manufacturing operations in the host
country and experiencing scale economies.




In which of the following international strategies are strategic and operating decisions
decentralized to the strategic business units in individual countries or regions in order
to allow each unit the opportunity to tailor its products to the local market?


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Multidomestic strategy




A firm seeks to implement an international strategy in a location with which it is
unfamiliar. Unaware of the economics and cultural preferences of the location, the
firm is influenced by which of the following environmental factors?


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Liability of foreignness




The partnership between Tomberlin Automotive and the Chinese manufacturing plant
can best be described as a(n):


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