CUNY BPL 5100 GLOBUS QUIZ 2 PART 2
PRACTICE TEST 2026 FULL SOLUTION
◉ local responsiveness. Answer: The need to tailor product and
service offerings to fit local consumer preferences and host-country
requirements.
◉ location economies. Answer: Benefits from locating value chain
activities in the world's optimal geographies for a specific activity,
wherever that may be.
◉ multidomestic strategy. Answer: Strategy pursued by MNEs that
attempts to maximize local responsiveness, with the intent that local
consumers will perceive them to be domestic companies.
◉ multinational enterprise (MNE). Answer: A company that deploys
resources and capabilities in the procurement, production, and
distribution of goods and services in at least two countries.
◉ national competitive advantage. Answer: World leadership in
specific industries.
, ◉ national culture. Answer: The collective mental and emotional
"programming of the mind" that differentiates human groups.
◉ transnational strategy. Answer: Strategy that attempts to combine
the benefits of a localization strategy (high local responsiveness)
with those of a global-standardization strategy (lowest-cost position
attainable).
◉ absorptive capacity. Answer: A firm's ability to understand
external technology developments, evaluate them, and integrate
them into current products or create new ones.
◉ ambidexterity. Answer: A firm's ability to address trade-offs not
only at one point but also over time. It encourages managers to
balance exploitation with exploration.
◉ ambidextrous organization. Answer: An organization able to
balance and harness different activities in trade-off situations.
◉ artifacts. Answer: Elements that allow corporate culture to be
expressed, such as via the design and layout of physical space,
symbols, vocabulary, what stories are told, what events are
celebrated and highlighted, and how they are celebrated.
PRACTICE TEST 2026 FULL SOLUTION
◉ local responsiveness. Answer: The need to tailor product and
service offerings to fit local consumer preferences and host-country
requirements.
◉ location economies. Answer: Benefits from locating value chain
activities in the world's optimal geographies for a specific activity,
wherever that may be.
◉ multidomestic strategy. Answer: Strategy pursued by MNEs that
attempts to maximize local responsiveness, with the intent that local
consumers will perceive them to be domestic companies.
◉ multinational enterprise (MNE). Answer: A company that deploys
resources and capabilities in the procurement, production, and
distribution of goods and services in at least two countries.
◉ national competitive advantage. Answer: World leadership in
specific industries.
, ◉ national culture. Answer: The collective mental and emotional
"programming of the mind" that differentiates human groups.
◉ transnational strategy. Answer: Strategy that attempts to combine
the benefits of a localization strategy (high local responsiveness)
with those of a global-standardization strategy (lowest-cost position
attainable).
◉ absorptive capacity. Answer: A firm's ability to understand
external technology developments, evaluate them, and integrate
them into current products or create new ones.
◉ ambidexterity. Answer: A firm's ability to address trade-offs not
only at one point but also over time. It encourages managers to
balance exploitation with exploration.
◉ ambidextrous organization. Answer: An organization able to
balance and harness different activities in trade-off situations.
◉ artifacts. Answer: Elements that allow corporate culture to be
expressed, such as via the design and layout of physical space,
symbols, vocabulary, what stories are told, what events are
celebrated and highlighted, and how they are celebrated.
