Global strategic management
a typical "one size fits all" strategy remains the most effective for firms "going global" - Answer:
false
multinational enterprises rarely engage in foreign direct investment - Answer: false
in the global economic pyramid, the top tier includes the 2 billion people whose annual per
capita income is greater that $20,000 - Answer: false (should be 1 billion)
if a strategy is truly successful, it will work not just for one firm but for all other firms as well -
Answer: false
the concept of strategy as integration means that strategy is a combination of planned
deliberate actions and unplanned emergent activities - Answer: true
the institution based view argues that institutional forces provide an answer to similarities in
firm performance but not differences - Answer: false (accounts for differences in firm strategy)
although global strategy is associated with business, the term globalization means the close
integration of countries and people of the world - Answer: true
during the second half of the 20th century, when Hong Kong, Singapore, South Korea and
Taiwan refused to participate in the global economy they became known as the "4
ToothlessTigers" - Answer: False (they did participate in the global economy and were known as
the 4 Tigers)
determining the scope of the firm involves not only growth of the firm but also contraction -
Answer: true
, Global strategic management
the text stresses that realism indicates that all companies should go global and endeavor to do
so as quickly as possible in view of the vast opportunities that exist - Answer: false
the resource-based views suggests that firm-specific capabilities do not drive performance
differences - Answer: true
the industry-based views claims that the degree of competitiveness within the industry largely
determines firm performance - Answer: false
the notion of strategy as one size fits all: - Answer: fails to adequately accommodate firms in
emerging markets
when looking at the global economy as a pyramid, MNEs - Answer: traditionally believed that no
money was to be made at the bottom of the pyramid (because these are the lowest income
group; however it is a mistake to overlook them and can lead to competitive challenges)
GE developed a portable electrocardiograph machine originally for doctors in India and China
that is not being sold in the US at a significantly lower price. This is an example of: - Answer:
reverse innovation
substantial switching costs reduce the threat of potential entry - Answer: true
threat of substitutes is greater is switching costs are lower - Answer: true
core features of the fiver forces model remain remarkably insightful when analyzing old
industries but not new phenomenon, such as e-commerce - Answer: false
a typical "one size fits all" strategy remains the most effective for firms "going global" - Answer:
false
multinational enterprises rarely engage in foreign direct investment - Answer: false
in the global economic pyramid, the top tier includes the 2 billion people whose annual per
capita income is greater that $20,000 - Answer: false (should be 1 billion)
if a strategy is truly successful, it will work not just for one firm but for all other firms as well -
Answer: false
the concept of strategy as integration means that strategy is a combination of planned
deliberate actions and unplanned emergent activities - Answer: true
the institution based view argues that institutional forces provide an answer to similarities in
firm performance but not differences - Answer: false (accounts for differences in firm strategy)
although global strategy is associated with business, the term globalization means the close
integration of countries and people of the world - Answer: true
during the second half of the 20th century, when Hong Kong, Singapore, South Korea and
Taiwan refused to participate in the global economy they became known as the "4
ToothlessTigers" - Answer: False (they did participate in the global economy and were known as
the 4 Tigers)
determining the scope of the firm involves not only growth of the firm but also contraction -
Answer: true
, Global strategic management
the text stresses that realism indicates that all companies should go global and endeavor to do
so as quickly as possible in view of the vast opportunities that exist - Answer: false
the resource-based views suggests that firm-specific capabilities do not drive performance
differences - Answer: true
the industry-based views claims that the degree of competitiveness within the industry largely
determines firm performance - Answer: false
the notion of strategy as one size fits all: - Answer: fails to adequately accommodate firms in
emerging markets
when looking at the global economy as a pyramid, MNEs - Answer: traditionally believed that no
money was to be made at the bottom of the pyramid (because these are the lowest income
group; however it is a mistake to overlook them and can lead to competitive challenges)
GE developed a portable electrocardiograph machine originally for doctors in India and China
that is not being sold in the US at a significantly lower price. This is an example of: - Answer:
reverse innovation
substantial switching costs reduce the threat of potential entry - Answer: true
threat of substitutes is greater is switching costs are lower - Answer: true
core features of the fiver forces model remain remarkably insightful when analyzing old
industries but not new phenomenon, such as e-commerce - Answer: false
