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ALC Final Exam 6 (Version 2), Questions with Answers. Latest Update.

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ALC Final Exam 6 (Version 2), Questions with Answers. Latest Update.1. The word ____ has now become the most famous Chinese business word to appear in English -language media and now means interpersonal networks. a. Keiretsu b. Guanxi c. Chaebol d. Blat 2. The strategic goal of ____ involves pursuing business in locations featuring a combination of scale economics and low-cost factors. a. Natural resources seeking b. Market seeking c. Efficiency seeking d. Innovation seeking e. Profit seeking 3. The bargaining power of buyers may prompt certain foreign market entries, and are often called ______. a. Backward vertical integration b. Economic of scale c. Forward vertical integration d. Forward horizontal integration e. Backward horizontal integration 4. The difference in formal and informal institutions that govern the rules of the game in different countries include ______ differences. a. Exports and contractual agreements b. Technology innovation and diffusion c. Resources and capabilities d. Regulatory, language, and cultural e. Host country demand 5. The three drivers of counterattacks do not include _______. a. Vengeance b. Motivation c. Capability d. Awareness 6. What are small firms in a large domestic market referred to? a. Enthusiastic internationalizers b. Follower internationalizers c. Slow internationalizers d. Occasional internationalizers e. Domestic internationalizers 7. Knowledge management uses “centers of excellence” in which type of MNE? a. Home replication b. Localization (multi-domestic) c. Global standardization d. Transnational 8. Organizing firm-specific resources and capabilities as a bundle

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1. The word ____ has now become the most famous Chinese business word to
appear in English -language media and now means interpersonal networks.
a. Keiretsu
b. Guanxi
c. Chaebol
d. Blat
2. The strategic goal of ____ involves pursuing business in locations
featuring a combination of scale economics and low-cost factors.
a. Natural resources seeking
b. Market seeking
c. Efficiency seeking
d. Innovation seeking
e. Profit seeking
3. The bargaining power of buyers may prompt certain foreign market entries,
and are often called ______.
a. Backward vertical integration
b. Economic of scale
c. Forward vertical integration
d. Forward horizontal integration
e. Backward horizontal integration
4. The difference in formal and informal institutions that govern the rules of the
game in different countries include ______ differences.
a. Exports and contractual agreements
b. Technology innovation and diffusion
c. Resources and capabilities
d. Regulatory, language, and cultural
e. Host country demand
5. The three drivers of counterattacks do not include _______.
a. Vengeance
b. Motivation
c. Capability
d. Awareness
6. What are small firms in a large domestic market referred to?
a. Enthusiastic internationalizers
b. Follower internationalizers
c. Slow internationalizers
d. Occasional internationalizers
e. Domestic internationalizers
7. Knowledge management uses “centers of excellence” in which type of MNE?
a. Home replication
b. Localization (multi-domestic)
c. Global standardization
d. Transnational
8. Organizing firm-specific resources and capabilities as a bundle ______.

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