BUS 357 Week 4 Quiz
Question 1
pts
Political, legal, economic, monetary, and institutional forces are among the forces that comprise the
of international business that sets the context for managers' actions.
environment
competition
culture
threat
Question 2
pts
A company should use a concentration strategy for international expansion when there are .
high needs for product adaptation, low growth and sales stability in each market, and high economies
of scale in distribution
low economies of scale in distribution, increasing sales response function, and low spillover effects
high growth and sales stability in each market, long competitive lead time, and low spillover effects
low needs for product and communications adaptation, short competitive lead time, and low program
control requirements
Question 3
pts
The IO paradigm has been qualified by the potential for to lead to a company's sustained
competitive advantage.
, bright, motivated managers
political trends and
events cultural
institutions
the emergence of new markets
Question 4
pts
Which of the following is NOT a means for companies to gradually deepen their international
commitments?
going first to countries dissimilar to their home countries, but using intermediaries to handle
foreign operations
beginning by making a wholly owned foreign direct investment in a country dissimilar to their home
country
entering foreign countries one at a time
initially limiting foreign functional responsibility by exporting rather than producing abroad
Question 5
pts
The industry organization (IO) paradigm reports that, on average, the best predictor of firm
strategy is
the .
company's stockpile of assets, skills, and capabilities
aggressiveness of a company's objectives
consistency among a company's structure, systems, and processes
structure of the industry in which it competes
Question 6
pts
It is most accurate to say that as a result of the global economic crisis, the potential for
profitability in
Question 1
pts
Political, legal, economic, monetary, and institutional forces are among the forces that comprise the
of international business that sets the context for managers' actions.
environment
competition
culture
threat
Question 2
pts
A company should use a concentration strategy for international expansion when there are .
high needs for product adaptation, low growth and sales stability in each market, and high economies
of scale in distribution
low economies of scale in distribution, increasing sales response function, and low spillover effects
high growth and sales stability in each market, long competitive lead time, and low spillover effects
low needs for product and communications adaptation, short competitive lead time, and low program
control requirements
Question 3
pts
The IO paradigm has been qualified by the potential for to lead to a company's sustained
competitive advantage.
, bright, motivated managers
political trends and
events cultural
institutions
the emergence of new markets
Question 4
pts
Which of the following is NOT a means for companies to gradually deepen their international
commitments?
going first to countries dissimilar to their home countries, but using intermediaries to handle
foreign operations
beginning by making a wholly owned foreign direct investment in a country dissimilar to their home
country
entering foreign countries one at a time
initially limiting foreign functional responsibility by exporting rather than producing abroad
Question 5
pts
The industry organization (IO) paradigm reports that, on average, the best predictor of firm
strategy is
the .
company's stockpile of assets, skills, and capabilities
aggressiveness of a company's objectives
consistency among a company's structure, systems, and processes
structure of the industry in which it competes
Question 6
pts
It is most accurate to say that as a result of the global economic crisis, the potential for
profitability in
