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The Strategy and Structure of International Business Flashcards | StudBud
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The Strategy and Structure of International Business
The Strategy and Structure of International Business
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Questions
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Answers
1
centralization can facilitate coordination
False
True
2
High transport costs and problems with local marketing agents are disadvantages of the entry mode called “Licensing”.
True
False
3
Defined as the manner in which decisions are made and work is performed within the organization
Organizational change
Organizational Culture
Incentive systems
Processes
4
decide how to disperse the various value creation activities around the globe
localization strategy
Theglobal standardization strategy
transnational strategy
strategy internationalstrategy
5
What is organizational change?
the movement of an organization from one state of affairs to another.
relating to an organization or the way it is set up
the study of the employee interactions and the organizational processes
make or become different.
6
… are the devices used to reward appropriate managerial behavior.
Incentives
Control Systems
Culture
Processes
7
decentralization
don´t
permits greater flexibility-more rapid response to environmental changes.
False
True
8
What is the focus of firms pursuing a localization strategy?
Transnational strategy
local responsiveness
Personal control
Money
9
Which of these concepts is not a “Basic Entry Decisions”?
Whichmarkets to enter
Why enter in those markets
When to enter the markets
Onwhat scale to enter the markets
10
It can help a company reach a low-cost position by lowering the costs of value creation
Learning effects
Experience effects
Strategic significance
Location economies
11
Value creation activities, or operations, can be divided into two categories.
Products and Competencies
Support activities and Primary activities
Marketing and Sales
Products and Competencies
12
Is better to opt for a “Greenfield Venture” when “there are no incumbent competitors to be acquired”.
False
True
13
What are the four International Strategies?
Production, Marketing, R&D and Supply chains
Global standardization, Localization, Transnational and International
Low-cost, Competitiveness, Marketing and Skills
14
Means focusing on exporting products and services to foreign markets, importing goods and resources from other countries
Organizational Change
Performance
Transnational strategy
International strategy
15
Is the definition of “Strategic Alliances”
Refer to cooperative agreements betweenpotential or actual competitors.
Refer to cooperative agreements betweenpotential or actual competitors.
Refer to cooperative agreements betweenpotential or actual competitors.
All the above answers are correct.
16
These competitive pressures place conflicting demands on a firm.
Universal needs
Tastes and Preferences
Location and Experience
Cost reductions and Local responsiveness
17
What are the two basic strategies to create value and attain a competitive advantage in an industry?
Efficiency and Efectiveness
Low cost and Differentiation
Value and Cost
Profitabilityand Profit growth
18
What are the types of control systems?
Unconditional control, Output controls, and cultural controls
Strategy, Interdependence, and Ambiguity
and Architecture
Personal control, bureaucratic control, Out put controls & culturalcontrols
19
refers to the norms and value systems that are shared among the employees of an organization.
Control Systems
Processes
Incentives
Culture
20
On what scale to enter the markets
6
3
5
4
