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CAPSIM EXAM 3 WITH 100% CORRECT ANSWERS

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CAPSIM EXAM 3 WITH 100% CORRECT ANSWERS Which of the following is not an example of a cross-border alliance? - answerWestern Union purchases the global payments division of British-owned Travelex Ltd. The strategic options for expansion into foreign markets include all of the following except - answercreating products and services that are not subject to tariffs and local regulations. Which one of the following is not a reason a company decides to enter foreign markets? - answerBuilding the profit sanctuary necessary to wage guerrilla offensives against global challengers endeavoring to invade its home market In competing in foreign markets, companies find it advantageous to concentrate their activities in a limited number of locations in all of these situations, except when - answerthe addition of new production capacity will not adversely impact the supply-demand balance in the local market. Using domestic plants as a production base for exporting goods to selected foreign country markets - answercan be an excellent initial strategy to pursue international sales. One strategic fit-based approach to related diversification would be to - answerdiversify into new industries that present opportunities to transfer specialized expertise, technological know- how, or other valuable resources and capabilities from one business's value chain to another's. Which one of the following is not one of the elements of crafting corporate strategy for a diversified company? - answerChoosing the appropriate value chain for each business the company has entered The one factor that company executives need not worry about when their company is managing many diverse, unrelated firms is - answerpicking business-unit heads who have the requisite combination of managerial skills and know-how to motivate people

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