BMAL 590 Global Dimensions of Business (Answered) Complete Solution

BMAL 590 Global Dimensions of Business (Answered) Complete Solution Overall, strategy is None of the above Much of our knowledge about "the firm" is from research on firms in Anglo-American capitalism The word ________ has now become the most famous Chinese business word to appear English-language media and means interpersonal networks Guanxi "Global Strategy" refers to All of the above Global strategies have reached new levels of significance because of three defining events: Terrorist attacks, anti-globalization protests, and corporate crisis in Asia and the U.S. A SWOT analysis entails a firm's assessment of ________ Strengths, weaknesses, opportunities, and threats At the dawn of the 21st century, ________ had significant ramifications for companies and strategists around the world All of the above Knowing the concepts and components of global strategy will All of the above What is the best view of the concept of globalization? All of the above What are the three "legs" of the strategy tripod that ensure a strategy impacts performance? Industry-based competition, firm-specific resources and capabilities, and institutional conditions and transitions In developing a strategy regarding competition or cooperation, it would be useful to not "Look back, reason ahead" "The extent to which a given competitor possesses strategic endowment comparable, in terms of both type and amount, to those of the focal firm" refers to similarity of Resources Which is not true concerning U.S. anti-trust policy today? The legal standards for inter-firm cooperation are no longer ambiguous in the U.S. Dumping is defined as An exporter selling below cost abroad and planning to raise prices after eliminating local rivals In some industries where pressures for globalization are relatively low, local firms may possess some skills and assets that are transferable overseas, thus leading to a/an ________ strategy Extender The main types of attack include All of the above Which of the following would not be considered an initial set of actions to gain competitive advantage Counterattacks Which of the following is not a legal means of signaling? Direct discussion of reduced rivalry with competitors Which is true of strategy? All of the above The three drives of counterattacks do not include Vengeance Which of the following is not an argument in favor of centralization in knowledge management but instead is an argument in favor of decentralization? Permits greater speed, flexibility, and innovation Unique to international competition are the pressures for local responsiveness, which are reflected in All of the above Four strategic choices for MNEs do not include Domestic The type of knowledge that is codifiable (that is, it can be written down and transferred without losing much of its richness) is called Explicit Which is true of globalized R&D? For large firms, there are actually diminishing returns for R&D Knowledge management uses "centers of excellence" in which type of MNE? Global standardization Localization (multi-domestic) strategy involves all of the following except Global standardization strategy is the same as a multi-domestic strategy Pressures for cost reductions and local responsiveness include All of the above Which of the following is not an argument in favor of decentralization in knowledge management but instead is an argument in favor of centralization? Sufficient power for corporate-level managers to initiate necessary actions This structure is often used to supply customers (often other MNEs) in a coordinated and consistent way across various countries Global account structure The differences in formal and informal institutions that govern the rules of the game in different countries include ________ differences All of the above As firms expand into more countries, they should recognize: All of the above Small firms in a large domestic market are referred to as: Occasional internationalizers Firms may choose not to enter certain countries if: There are dissemination risks Organizing firm-specific resources and capabilities as a bundle: Favors firms with strong complementary assets Which of the following are not regulatory risks? Recent trends among host governments regarding their relationships with MNEs Which of the following exemplify trade barriers? All of the above The strategic goal of ________ involves going after countries that offer the highest price Market seeking First mover advantages do not include: Successful clashes with dominant firms in domestic markets Large-scale entries do which of the following? All of the above Non-equity modes of entry typically involve: Exports and contractual agreements All of the following are true of direct exports except: The agendas and objectives of the intermediaries and exporters are the same Selling the rights to intellectual property for a royalty fee is involved in: Licensing/Franchising Greenfield operations refers to: Wholly owned subsidiaries Sources of operational synergy include All of the above Diversification premium is the same thing as: Conglomerate advantage Which would be more characteristic of conglomerates? B and C above Research regarding the relationship between product diversification and firm performance indicates that All of the above Which geographic diversification is most likely to reduce the liability of foreignness? Culturally adjacent countries In combining product and geographic diversification, which is not one of the four possible combinations? Classic replicators At its core, diversification is essentially driven by all of the following except: Less complicated information systems Select the best choice: a company that is engaged in oil production, pipelines and tankers, refining, and gasoline stations has engaged in ________ expansion Vertical Which is one motive for M&A which does not necessarily increase shareholder value? Hubris Corporate scope is shaped by: All of the above Product-related diversification involves all of the following except: A single business strategy The following managerial motives for conglomerations do not benefit shareholders except: Organizational stability Which of the following is true regarding M&As? As many as 70 percent of M&As reportedly fail To ensure the success of the M&A, managers need to make sure of all the following except: Seek organizational contrast and variety rather than organizational fit Which is true regarding restructuring? Corporate restructuring is not widely embraced around the world Which is true of relatedness? Relatedness can be a common underlying dominant logic that connects various businesses in a diversified firm