GEB 4956
International Studies
LATEST FINAL EXAM REVIEW
Q&S
©2024/2025
,1. Which of the following is a primary concern when a
multinational company enters a foreign market?
- A) Supply chain integration
- B) Local workforce training
- C) Regulatory compliance
- D) Product differentiation
Correct Answer: C) Regulatory compliance
Rationale: Regulatory compliance is crucial as it ensures that
the company is operating within the legal frameworks of the foreign
market.
2. In which stage of internationalization does a company typically
rely heavily on exporting its products?
- A) Domestic Stage
- B) International Stage
- C) Multinational Stage
- D) Global Stage
Correct Answer: B) International Stage
©2024/2025
, Rationale: At the international stage, a company begins to
engage markets outside its home country primarily through
exports.
3. Which theory explains how firms can exploit their resources to
gain a competitive advantage in the international arena?
- A) Trade Theory
- B) Resource-Based View
- C) Comparative Advantage
- D) Product Life Cycle Theory
Correct Answer: B) Resource-Based View
Rationale: The Resource-Based View (RBV) focuses on
exploiting firm-specific resources to obtain competitive advantage
internationally.
4. What is the primary goal of a transnational strategy?
- A) Local responsiveness
- B) Global integration
- C) Cost leadership
- D) Balancing efficiency and adaptation
©2024/2025
International Studies
LATEST FINAL EXAM REVIEW
Q&S
©2024/2025
,1. Which of the following is a primary concern when a
multinational company enters a foreign market?
- A) Supply chain integration
- B) Local workforce training
- C) Regulatory compliance
- D) Product differentiation
Correct Answer: C) Regulatory compliance
Rationale: Regulatory compliance is crucial as it ensures that
the company is operating within the legal frameworks of the foreign
market.
2. In which stage of internationalization does a company typically
rely heavily on exporting its products?
- A) Domestic Stage
- B) International Stage
- C) Multinational Stage
- D) Global Stage
Correct Answer: B) International Stage
©2024/2025
, Rationale: At the international stage, a company begins to
engage markets outside its home country primarily through
exports.
3. Which theory explains how firms can exploit their resources to
gain a competitive advantage in the international arena?
- A) Trade Theory
- B) Resource-Based View
- C) Comparative Advantage
- D) Product Life Cycle Theory
Correct Answer: B) Resource-Based View
Rationale: The Resource-Based View (RBV) focuses on
exploiting firm-specific resources to obtain competitive advantage
internationally.
4. What is the primary goal of a transnational strategy?
- A) Local responsiveness
- B) Global integration
- C) Cost leadership
- D) Balancing efficiency and adaptation
©2024/2025
