MNGT 4800 Final Exam (Baker) with accurate ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\||
detailed solutions ||//\\||
globalization (1/2/3): sales, operations and some procurement, strategy flowed from hq to ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\||
international sites - correct answer✔✔1 ||//\\|| ||//\\|| ||//\\|| ||//\\||
globalization (1/2/3): to reconstruct damage from the war, focus on European countries, ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\||
Japan and Australia, greater local responsiveness, hq set goals and international sites
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influenced tactics - correct answer✔✔2 ||//\\|| ||//\\|| ||//\\|| ||//\\||
globalization (1/2/3): business function locations are based on costs, capabilities, and PESTEL ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\||
factors, companies can operate 24/7, 365 days a year - correct answer✔✔3
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part of a firm's corporate strategy to gain and sustain a competitive advantage and compete
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against foreign and domestic companies - correct answer✔✔global strategy
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investments in value chain activities abroad - correct answer✔✔foreign direct investment ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\||
deploys resources and capabilities in two countries or more - correct answer✔✔multinational
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enterprise
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advantages of international expansion - correct answer✔✔access new markets ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\||
access lower-cost inputs ||//\\|| ||//\\||
develop new competencies ||//\\|| ||//\\||
disadvantages of international expansion - correct answer✔✔liability of foreignness ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\||
, loss of reputation
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loss of intellectual property
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global strategy positions and representative MNEs - correct answer✔✔integration-
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reponsiveness framework ||//\\||
low pressure for local responsiveness, low pressure for cost reduction - correct
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answer✔✔international
low pressure for local responsiveness, high pressure for cost reductions - correct
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answer✔✔global-standardization
high pressure for local responsiveness, low pressure for cost reductions - correct
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answer✔✔multidomestic
high pressure for cost reductions, high pressure for local responsiveness - correct
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answer✔✔transnational
guides multinational enterprise decisions on which countries to enter - correct
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answer✔✔cage distance framework ||//\\|| ||//\\||
disparity between a firm's home and host country, specifically social norms and morals,
||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\||
beliefs and values - correct answer✔✔cultural distance
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captured in factors such as shared monetary or political associations and political hostilities,
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barriers include tariffs, quotas and restrictions - correct answer✔✔administrative and
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political distance ||//\\||
wealthy and per capita income of consumers - correct answer✔✔economic distance
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detailed solutions ||//\\||
globalization (1/2/3): sales, operations and some procurement, strategy flowed from hq to ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\||
international sites - correct answer✔✔1 ||//\\|| ||//\\|| ||//\\|| ||//\\||
globalization (1/2/3): to reconstruct damage from the war, focus on European countries, ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\||
Japan and Australia, greater local responsiveness, hq set goals and international sites
||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\||
influenced tactics - correct answer✔✔2 ||//\\|| ||//\\|| ||//\\|| ||//\\||
globalization (1/2/3): business function locations are based on costs, capabilities, and PESTEL ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\||
factors, companies can operate 24/7, 365 days a year - correct answer✔✔3
||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\||
part of a firm's corporate strategy to gain and sustain a competitive advantage and compete
||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\||
against foreign and domestic companies - correct answer✔✔global strategy
||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\||
investments in value chain activities abroad - correct answer✔✔foreign direct investment ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\||
deploys resources and capabilities in two countries or more - correct answer✔✔multinational
||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\||
enterprise
||//\\||
advantages of international expansion - correct answer✔✔access new markets ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\||
access lower-cost inputs ||//\\|| ||//\\||
develop new competencies ||//\\|| ||//\\||
disadvantages of international expansion - correct answer✔✔liability of foreignness ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\||
, loss of reputation
||//\\|| ||//\\||
loss of intellectual property
||//\\|| ||//\\|| ||//\\||
global strategy positions and representative MNEs - correct answer✔✔integration-
||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\||
reponsiveness framework ||//\\||
low pressure for local responsiveness, low pressure for cost reduction - correct
||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\||
answer✔✔international
low pressure for local responsiveness, high pressure for cost reductions - correct
||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\||
answer✔✔global-standardization
high pressure for local responsiveness, low pressure for cost reductions - correct
||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\||
answer✔✔multidomestic
high pressure for cost reductions, high pressure for local responsiveness - correct
||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\||
answer✔✔transnational
guides multinational enterprise decisions on which countries to enter - correct
||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\||
answer✔✔cage distance framework ||//\\|| ||//\\||
disparity between a firm's home and host country, specifically social norms and morals,
||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\||
beliefs and values - correct answer✔✔cultural distance
||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\||
captured in factors such as shared monetary or political associations and political hostilities,
||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\||
barriers include tariffs, quotas and restrictions - correct answer✔✔administrative and
||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\|| ||//\\||
political distance ||//\\||
wealthy and per capita income of consumers - correct answer✔✔economic distance
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