BMAL 590 GLOBAL DIMENSIONS OF
BUSINESS. EXAM QUESTIONS AND
ANSWERS. VERIFIED 2025/2026.
Much of our knowledge about "the firm" is from research on firms in - ANS Anglo-American
capitalism
The word ________ has now become the most famous Chinese business word to appear
English-language media and means interpersonal networks - ANS Guanxi
"Global Strategy" refers to - ANS All of the above
Global strategies have reached new levels of significance because of three defining events: -
ANS Terrorist attacks, anti-globalization protests, and corporate crisis in Asia and the U.S.
A SWOT analysis entails a firm's assessment of ________ - ANS Strengths, weaknesses,
opportunities, and threats
At the dawn of the 21st century, ________ had significant ramifications for companies and
strategists around the world - ANS All of the above
Knowing the concepts and components of global strategy will - ANS All of the above
What is the best view of the concept of globalization? - ANS All of the above
1 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED.
, What are the three "legs" of the strategy tripod that ensure a strategy impacts performance? -
ANS 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 -
ANS "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 - ANS Resources
Which is not true concerning U.S. anti-trust policy today? - ANS The legal standards for inter-
firm cooperation are no longer ambiguous in the U.S.
Dumping is defined as - ANS 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 -
ANS Extender
The main types of attack include - ANS All of the above
Which of the following would not be considered an initial set of actions to gain competitive
advantage - ANS Counterattacks
Which of the following is not a legal means of signaling? - ANS Direct discussion of reduced
rivalry with competitors
Which is true of strategy? - ANS All of the above
2 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED.
BUSINESS. EXAM QUESTIONS AND
ANSWERS. VERIFIED 2025/2026.
Much of our knowledge about "the firm" is from research on firms in - ANS Anglo-American
capitalism
The word ________ has now become the most famous Chinese business word to appear
English-language media and means interpersonal networks - ANS Guanxi
"Global Strategy" refers to - ANS All of the above
Global strategies have reached new levels of significance because of three defining events: -
ANS Terrorist attacks, anti-globalization protests, and corporate crisis in Asia and the U.S.
A SWOT analysis entails a firm's assessment of ________ - ANS Strengths, weaknesses,
opportunities, and threats
At the dawn of the 21st century, ________ had significant ramifications for companies and
strategists around the world - ANS All of the above
Knowing the concepts and components of global strategy will - ANS All of the above
What is the best view of the concept of globalization? - ANS All of the above
1 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED.
, What are the three "legs" of the strategy tripod that ensure a strategy impacts performance? -
ANS 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 -
ANS "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 - ANS Resources
Which is not true concerning U.S. anti-trust policy today? - ANS The legal standards for inter-
firm cooperation are no longer ambiguous in the U.S.
Dumping is defined as - ANS 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 -
ANS Extender
The main types of attack include - ANS All of the above
Which of the following would not be considered an initial set of actions to gain competitive
advantage - ANS Counterattacks
Which of the following is not a legal means of signaling? - ANS Direct discussion of reduced
rivalry with competitors
Which is true of strategy? - ANS All of the above
2 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED.
