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38.
_____ occurs when the organization contracts with an external provider to produce one or
more of an organization's products or services.
39.
Superior Appliances moved some of its manufacturing operations to another country
where wages are lower. This is an example of which of the following?
40.
Which of the following has been an unexpected effect of offshoring?
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41.
An organization's economic environment includes
42.
Under the ____, member countries of the European Union agreed to adopt a common
European currency called the euro.
43.
To be competitive in a global economy, Europeans must
44.
Which of the following countries is on its way to becoming the largest producer and
consumer of many of the world's goods?
45.
Threats to China's economic future include
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46.
NAFTA combined the economies of _____ into one of the world's largest trading blocs.
47.
Which of the following countries has become an important provider of online technological
support for the United States?
48.
Which of the following existing agreements includes Costa Rica, Nicaragua, and the United
States?
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49.
What does an integration-responsiveness grid help a manager to do?
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50.
In the integration-responsiveness grid the
51.
_____ create strong pressure for a global strategy.
52.
Strong pressures for local responsiveness emerge when
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53.
When One-World Fashion tries to open its clothing stores in a new country, it learns that
local rules require a certain percentage of its products to be manufactured locally. This
example fits into which category of pressures for local responsiveness?
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54.
The model in which managers use their organization's existing core capabilities to expand
into foreign markets is called the ____ model.
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55.
The international model of organizational structure involves
56.
Which of the following is an advantage of the international model?
57.
NewGen Communications Technology has subsidiaries in each country in which it does
business. As the parent company, NewGen runs its R&D department from its home
country, so that each foreign subsidiary remains dependent on it for new products,
processes, and ideas. This illustrates the _____ model for global strategy.
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58.
The strategy model that uses subsidiaries in each country and provides each a great deal
of discretion to respond to local conditions is the _____ model.
59.
Which of the following is true of the multinational approach to international competition?
60.
Companies that decentralize their operations throughout the globe in order to appeal to
the varying tastes and preferences of global consumers are utilizing a(n) _____ model.
61.
Which of the following is an advantage of a multinational model?
62.
A disadvantage of a multinational model is that it
63.
Foam Cutters is a speedboat manufacturing company based in California. The company
operates a subsidiary in Australia, marketing products that are customized to appeal to
Australian tastes. In this case, Foam Cutters is following the _____ model.
64.
The two strategic models that have relatively high manufacturing costs are
65.
The _____ organizational model is designed to enable a company to market a standardized
product in the worldwide marketplace and to manufacture that product in a limited
number of locations where the mix of costs and skills is most favorable.
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66.
Which of the following is true of the global model?
