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62.
Food Works Inc. is a multinational fast-food chain that follows a multidomestic strategy.
Which of the following statements most likely holds true for the company?
63.
Some multinational enterprises (MNEs) attempt to reap significant economies of scale
and location economies by pursuing an international division of labor based on wherever
best-of-class capabilities reside at the lowest cost. This is known as a(n) _____ strategy.
64.
Jade Mobiles Inc., a cell phone manufacturing company, has its product development
centers located in the U.S. and South Korea. The manufacturing units are located in China
and Philippines to benefit from low-labor costs and access to original equipment
manufacturers. This allows the company to competitively price its cell phones. Also, the
various phone models sold by the company are uniform in all the foreign markets it
operates in. In this scenario, which of the following strategies does Jade Mobiles Inc. most
likely pursue?
65.
The global-standardization strategy arises out of the combination of
66.
For a firm pursuing a global-standardization strategy, which of the following bases of
competition becomes its primary weapon?
67.
To keep track of the latest developments in computing, Lenovo's research centers are
located in China, U.S.A., and Japan. Also, to benefit from low-cost labor and reduced
shipping costs, the company's manufacturing facilities are in Mexico, India, and China.
Which of the following strategies would require Lenovo to organize its operations
worldwide in order to develop uniform products for its domestic and foreign markets?
68.
Which of the following products are generally manufactured by multinational enterprises
(MNEs) pursuing a global-standardization strategy?
69.
Which of the following is a feature of a multinational company pursuing a global-
standardization strategy?
70.
Which of the following is a benefit of a multinational enterprise (MNE) pursuing a global-
standardization strategy?
71.
Stop n' Save Inc., a supermarket chain, is implementing a multidomestic strategy. SunLife
Inc., a company that manufactures solar panels for commercial and domestic purposes, is
pursuing a global-standardization strategy. How will the two companies most likely differ
from each other?
72.
Marc Works Inc., a reputed brand for fine writing instruments, is implementing an
international strategy in its firms. Torque Inc., a laptop brand, is pursuing a global-
standardization strategy in its firms. Which of the following statements most likely holds
true in this scenario?
73.
In which of the following stages of globalization did firms organize as networks to pursue a
global-standardization strategy?
74.
Why did the American MTV network cable channel fail when pursuing a global-
standardization strategy?
75.
A(n) _____ strategy arises out of the combination of high pressure for local responsiveness
and high pressure for cost reductions.
76.
Which of the following strategies must a multinational enterprise (MNE) use when it
wants to pursue an integration strategy at the business level by attempting to reconcile
product and/or service differentiations at low cost?
77.
Which of the following globalization strategies requires managers working in multinational
enterprises (MNEs) to remember to think globally, but act locally?
78.
Shine Enterprises Inc. is a large financial conglomerate that operates in more than 50
countries and employs over 80,000 people across the world. It operates through multiple
regional product divisions, which tend to function as autonomous profit-and-loss centers.
This allows the company to reap significant economies of scale. Though each division acts
as an autonomous firm with its individual regional leaders, frequent sharing of knowledge
between the divisions allows for global learning. These factors help the company reconcile
product and service differentiations at low cost. Which of the following strategies does
Shine Enterprises Inc. most likely use?
79.
Which of the following is a benefit of the transnational strategy?
80.
A firm pursuing a transnational strategy would believe that
81.
Which of the following is a drawback of pursuing a transnational strategy?
82.
GreenThings Inc., a company popular for its dairy products, successfully follows a
multidomestic strategy. TransGold Inc., a large conglomerate, pursues a transnational
strategy. Which of the following statements is most likely true of this scenario?
83.
For which of the following products is an international strategy most suitable?
84.
The _____ states that geographic location alone should not lead to firm-level competitive
advantage because firms are now, more than ever, able to source inputs globally.
85.
Some of the best engineering and car companies are in Germany. Thus, it can be
concluded that Germany has a _____ in the automobile industry.
86.
United Borova Laboratories Inc. has a national competitive advantage in the
pharmaceutical industry. This means that the country
