BMAL 590 Global Dimensions of
Business
What is the best view of the concept of globalization? - CORRECT ANSWER-All of the
above
What are the three "legs" of the strategy tripod that ensure a strategy impacts
performance? - CORRECT ANSWER-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 -
CORRECT ANSWER-"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 -
CORRECT ANSWER-Resources
Which is not true concerning U.S. anti-trust policy today? - CORRECT ANSWER-The
legal standards for inter-firm cooperation are no longer ambiguous in the U.S.
Dumping is defined as - CORRECT ANSWER-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 - CORRECT ANSWER-Extender
Overall, strategy is - CORRECT ANSWER-None of the above
Much of our knowledge about "the firm" is from research on firms in - CORRECT
ANSWER-Anglo-American capitalism
The word ________ has now become the most famous Chinese business word to
appear English-language media and means interpersonal networks - CORRECT
ANSWER-Guanxi
"Global Strategy" refers to - CORRECT ANSWER-All of the above
Global strategies have reached new levels of significance because of three defining
events: - CORRECT ANSWER-Terrorist attacks, anti-globalization protests, and
corporate crisis in Asia and the U.S.
, A SWOT analysis entails a firm's assessment of ________ - CORRECT ANSWER-
Strengths, weaknesses, opportunities, and threats
At the dawn of the 21st century, ________ had significant ramifications for companies
and strategists around the world - CORRECT ANSWER-Corporate governance crisis
Knowing the concepts and components of global strategy will - CORRECT ANSWER-All
of the above
The main types of attack observed in the market include - CORRECT ANSWER-Thrust,
feint and gambit
Which of the following would not be considered an initial set of actions to gain
competitive advantage - CORRECT ANSWER-Counterattacks
The differences in formal and informal institutions that govern the rules of the game in
different countries include ________ differences - CORRECT ANSWER-All of the
above
Which is true of relatedness? - CORRECT ANSWER-Relatedness can be a common
underlying dominant logic that connects various businesses in a diversified firm
At its core, diversification is essentially driven by all of the following except: - CORRECT
ANSWER-Less complicated information systems
Large-scale entries do which of the following? - CORRECT ANSWER-All of the above
Research regarding the relationship between product diversification and firm
performance indicates that - CORRECT ANSWER-All of the above
The following managerial motives for conglomerations do not benefit shareholders
except: - CORRECT ANSWER-Organizational stability
Which is one motive for M&A which does not necessarily increase shareholder value? -
CORRECT ANSWER-Hubris
Which is true of globalized R&D? - CORRECT ANSWER-For large firms, there are
actually diminishing returns for R&D
This structure is often used to supply customers (often other MNEs) in a coordinated
and consistent way across various countries - CORRECT ANSWER-Global account
structure
Business
What is the best view of the concept of globalization? - CORRECT ANSWER-All of the
above
What are the three "legs" of the strategy tripod that ensure a strategy impacts
performance? - CORRECT ANSWER-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 -
CORRECT ANSWER-"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 -
CORRECT ANSWER-Resources
Which is not true concerning U.S. anti-trust policy today? - CORRECT ANSWER-The
legal standards for inter-firm cooperation are no longer ambiguous in the U.S.
Dumping is defined as - CORRECT ANSWER-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 - CORRECT ANSWER-Extender
Overall, strategy is - CORRECT ANSWER-None of the above
Much of our knowledge about "the firm" is from research on firms in - CORRECT
ANSWER-Anglo-American capitalism
The word ________ has now become the most famous Chinese business word to
appear English-language media and means interpersonal networks - CORRECT
ANSWER-Guanxi
"Global Strategy" refers to - CORRECT ANSWER-All of the above
Global strategies have reached new levels of significance because of three defining
events: - CORRECT ANSWER-Terrorist attacks, anti-globalization protests, and
corporate crisis in Asia and the U.S.
, A SWOT analysis entails a firm's assessment of ________ - CORRECT ANSWER-
Strengths, weaknesses, opportunities, and threats
At the dawn of the 21st century, ________ had significant ramifications for companies
and strategists around the world - CORRECT ANSWER-Corporate governance crisis
Knowing the concepts and components of global strategy will - CORRECT ANSWER-All
of the above
The main types of attack observed in the market include - CORRECT ANSWER-Thrust,
feint and gambit
Which of the following would not be considered an initial set of actions to gain
competitive advantage - CORRECT ANSWER-Counterattacks
The differences in formal and informal institutions that govern the rules of the game in
different countries include ________ differences - CORRECT ANSWER-All of the
above
Which is true of relatedness? - CORRECT ANSWER-Relatedness can be a common
underlying dominant logic that connects various businesses in a diversified firm
At its core, diversification is essentially driven by all of the following except: - CORRECT
ANSWER-Less complicated information systems
Large-scale entries do which of the following? - CORRECT ANSWER-All of the above
Research regarding the relationship between product diversification and firm
performance indicates that - CORRECT ANSWER-All of the above
The following managerial motives for conglomerations do not benefit shareholders
except: - CORRECT ANSWER-Organizational stability
Which is one motive for M&A which does not necessarily increase shareholder value? -
CORRECT ANSWER-Hubris
Which is true of globalized R&D? - CORRECT ANSWER-For large firms, there are
actually diminishing returns for R&D
This structure is often used to supply customers (often other MNEs) in a coordinated
and consistent way across various countries - CORRECT ANSWER-Global account
structure
