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International Business (University of Economics, Hue University)
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ScanotooopenoonoStudocu
Studocuoisonotosponsoredooroendorsedobyoanyocollegeoorouniversity
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, Chapter 13
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The Strategy of International Business
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True / False Questions
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1. Aofirm'sostrategyocanobeodefinedoasotheoactionsothatomanagersotakeotooattainot
heogoalsoofotheofirm.
Trueo o False
2. Theopreeminentostrategicogoaloforomostofirmsoisotoomaximizeotheovalueoofotheofi
rmoforoitsoowners.
Trueo o False
3. Profitogrowthoisomeasuredobyotheopercentageoincreaseoinonetoprofitsooveroti
me.oTrueoFalse
4. Theoamountoofovalueoaofirmocreatesoisomeasuredobyotheodifferenceobetweenoit
socostsoofoproductionoandotheopriceothatoitochargesoforoitsoproducts.
Trueo o False
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,5. Theocustomeroisoableotoogarnerotheobenefitoofotheoconsumerosurplusobecauseoon
eofirmoisocompetingowithootherofirmsoforotheocustomer'sobusiness,osootheofirmomu
stochargeoaoloweropriceothanoitocouldoifoitowereoaomonopolyosupplier.
Trueo o False
6. AccordingotooPorter,otheowayotoocreateosuperiorovalueoisotoodriveodownotheo costo
structureoofotheobusinessoand/orodifferentiateotheoproductoinosomeowayosoothatoc
onsumersovalueoitomore.
Trueo o False
7. Diminishingoreturnsoimplyothatowhenoaofirmoalreadyohasosignificantovalueobuiltoint
ooitsoproductooffering,oincreasingovalueobyoaorelativelyosmalloamountorequiresosig
nificantoadditionalocosts.
Trueo o False
8. Foroaofirm,oallopositionsoonotheoefficiencyofrontieroareo
viable.oTrueoFalse
9. Theostrategy,ooperations,oandoorganizationoofoaofirmomustoallobeoconsistentowithoe
acho otheroifo theo firmoisotoo attaino ao competitiveo advantageo ando achieveosuperio
roprofitability.
Trueo o False
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, 10. Supportoactivitiesoincludeotheodesign,ocreation,oandodeliveryoofoao
product.oTrueoFalse
11. R&D,oproduction,omarketingoandosales,oandocustomeroserviceoareoalloexampleso
ofoprimaryoactivities.
Trueo o False
12. Supportoactivitiesoareoalwaysolessoimportantothanotheoprimaryoactivitiesoi
noachievingoaocompetitiveoadvantage.
Trueo o False
13. Topomanagementoshouldobeoviewedoasopartoofotheofirm'soi
nfrastructureoTrueoFalse
14. Globaloexpansionooffersocompaniesotheoopportunityotoogenerateogreatero
profitsothanocompaniesothatofocusostrictlyoonotheodomesticomarket.
Trueo o False
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