10 EXAM WITH COMPLETE QUESTIONS
AND CORRECT ANSWERS { GRADED
A+}
Due to globalization, the world's market economies are becoming more ______.
Multiple choice question.
diversified and unique
advanced and independent
export-led and undeveloped
integrated and interdependent - ✔✔integrated and interdependent
Before World War II, business strategy, implementation, and knowledge typically
flowed ______.
,Multiple choice question.
chaotically, due to a lack of organizational complexity
from domestic headquarters to outposts abroad
along a multidirectional pathway
from international outposts back to domestic headquarters - ✔✔from domestic
headquarters to outposts abroad
Rising wages and other costs are likely to negate any benefits MNEs have of
access to ______.
Multiple choice question.
low-cost outputs
low-cost inputs
high-cost inputs
well-educated workers - ✔✔low-cost inputs
Which of the following statements about pursuing international expansion is true?
Multiple choice question.
A major benefit is gaining access to high-cost, exclusive input factors.
, It can enhance a firm's competitive advantage.
It is a good option for a firm struggling in a domestic market.
It ensures a firm's success as a low-cost competitor. - ✔✔It can enhance a firm's
competitive advantage.
When multinationals draw on multiple innovation hubs that all have equal status,
they pursue a ______.
Multiple choice question.
domestic expansion project
polycentric innovation strategy
multi-ethnic growth policy
location economy - ✔✔polycentric innovation strategy
Which of the following have helped make globalization possible? (Check all that
apply.)
Multiple select question.
Reductions in transportation costs
Advances in telecommunications