BSG FINAL EXAM | BUSINESS
STRATEGY GAME FINAL EXAM STUDY
GUIDE | DOWNLOAD FOR A
GUARANTEED A+ | 2025/2026 GUIDE
The increased pressures for global integration of operations have been
driven mostly by:
a. new low cost entrants.
b. universal product demand.
c. increased levels of joint ventures.
d. the rise of governmental regulation - Correct Answer - b. universal
product demand.
Moving into international markets is a particularly attractive strategy to
firms whose domestic markets:
a. demand a differentiation strategy for success.
b. are limited in opportunities for growth.
c. have developed unfriendly business attitudes toward the industry.
d. have too much regulation. - Correct Answer - b. are limited in
opportunities for growth.
Factors of production in Porter's model of international competitive
advantage include all of the following EXCEPT:
a. labor.
b. capital.
c. infrastructure.
d. quality of demand. - Correct Answer - d. quality of demand.
,In France, fine dressmaking and tailoring have been a tradition predating
Queen Marie Antoinette. Cloth manufacturers, design schools, craft
apprenticeship programs, modeling agencies, and so forth, all exist to
supply the clothing industry. This is an example of the __________ in
Porter's model.
a. strategy, structure and rivalry among firms
b. related and supporting industries
c. demand conditions
d. factors of production - Correct Answer - b. related and supporting
industries
All of the following are international corporate-level strategies EXCEPT
the ___________ strategy.
a. multidomestic
b. differentiation
c. global
d. transnational - Correct Answer - b. differentiation
A multidomestic corporate-level strategy is one in which:
a. a corporation chooses not to compete internationally but where there
are a number of international competitors in the firm's local marketplace.
b. there are a relatively large number of local firms which choose not to
compete internationally.
c. strategic and operating decisions are decentralized to the strategic
business unit in each country.
d. strategic and operating decisions are centralized across the firm's
international strategic business units. - Correct Answer - c. strategic and
operating decisions are decentralized to the strategic business unit in
each country
, A global corporate-level strategy assumes:
a. increasing demand for products in the world.
b. a rise in income levels across the world.
c. increasing levels of cultural differences among nations.
d. more standardization of products across country markets. - Correct
Answer - d. more standardization of products across country markets.
The choices that a firm has for entering the international market include
all of the following EXCEPT:
a. exporting.
b. licensing.
c. leasing.
d. aquisition - Correct Answer - c. leasing.
Which of the following is NOT a disadvantage associated with exporting?
a. high costs associated with acquiring foreign production facilities
b. high transportation costs
c. loss of control over distribution activities
d. tariffs imposed by local governments - Correct Answer - a. high costs
associated with acquiring foreign production facilities
A licensing agreement:
a. occurs when two firms agree to share the risks and the resources of a
new
venture.
b. is best way to protect proprietary technology from future competitor.
STRATEGY GAME FINAL EXAM STUDY
GUIDE | DOWNLOAD FOR A
GUARANTEED A+ | 2025/2026 GUIDE
The increased pressures for global integration of operations have been
driven mostly by:
a. new low cost entrants.
b. universal product demand.
c. increased levels of joint ventures.
d. the rise of governmental regulation - Correct Answer - b. universal
product demand.
Moving into international markets is a particularly attractive strategy to
firms whose domestic markets:
a. demand a differentiation strategy for success.
b. are limited in opportunities for growth.
c. have developed unfriendly business attitudes toward the industry.
d. have too much regulation. - Correct Answer - b. are limited in
opportunities for growth.
Factors of production in Porter's model of international competitive
advantage include all of the following EXCEPT:
a. labor.
b. capital.
c. infrastructure.
d. quality of demand. - Correct Answer - d. quality of demand.
,In France, fine dressmaking and tailoring have been a tradition predating
Queen Marie Antoinette. Cloth manufacturers, design schools, craft
apprenticeship programs, modeling agencies, and so forth, all exist to
supply the clothing industry. This is an example of the __________ in
Porter's model.
a. strategy, structure and rivalry among firms
b. related and supporting industries
c. demand conditions
d. factors of production - Correct Answer - b. related and supporting
industries
All of the following are international corporate-level strategies EXCEPT
the ___________ strategy.
a. multidomestic
b. differentiation
c. global
d. transnational - Correct Answer - b. differentiation
A multidomestic corporate-level strategy is one in which:
a. a corporation chooses not to compete internationally but where there
are a number of international competitors in the firm's local marketplace.
b. there are a relatively large number of local firms which choose not to
compete internationally.
c. strategic and operating decisions are decentralized to the strategic
business unit in each country.
d. strategic and operating decisions are centralized across the firm's
international strategic business units. - Correct Answer - c. strategic and
operating decisions are decentralized to the strategic business unit in
each country
, A global corporate-level strategy assumes:
a. increasing demand for products in the world.
b. a rise in income levels across the world.
c. increasing levels of cultural differences among nations.
d. more standardization of products across country markets. - Correct
Answer - d. more standardization of products across country markets.
The choices that a firm has for entering the international market include
all of the following EXCEPT:
a. exporting.
b. licensing.
c. leasing.
d. aquisition - Correct Answer - c. leasing.
Which of the following is NOT a disadvantage associated with exporting?
a. high costs associated with acquiring foreign production facilities
b. high transportation costs
c. loss of control over distribution activities
d. tariffs imposed by local governments - Correct Answer - a. high costs
associated with acquiring foreign production facilities
A licensing agreement:
a. occurs when two firms agree to share the risks and the resources of a
new
venture.
b. is best way to protect proprietary technology from future competitor.
