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1) The Bretton Woods system was formed at a conference in England.
2) The global standardization strategy, despite its complexity, is still the best option at
being cost effective and locally responsive.
3) Democracy was pioneered by the Athenians in ancient Greece.
4) Identify the three categories of tangible resources, and provide an example for each
category.
5) Describe the role of expatriates.
6) Why do firms prefer FDI to licensing?
7) Explain the institution-based views and resource-based views in light of their effect
on entrepreneurial success.
8) Global standardization or transnational strategies often require a geocentric
approach, resulting in the mix of HCNs, PCNs, and TCNs.
9) According to the pendulum view, globalization has been perceived both positively
and negatively throughout history.
10) Acquisitions are more common than mergers.
