The Strategy of International Business

Profit growth can be achieved through ________

• increase cost

• decrease cost

• add value and raise prices

• enter new markets

The two basic strategies for creating value are ________

• value and cost

• differentiation and low cost

• profitability and profit growth

• R&D and production

The following is the component of support activities EXCEPT _________

• Information system

• Logistics

• Human resources

• R & D

Organization architecture include the following EXCEPT

• control systems and incentives

• organizational culture

• market conditions

• processes

Which strategy is the most suitable for the firm that face both high cost pressures and high pressures for local responsiveness

• Global standardization

• Localization

• Transnational

• International

Organization architecture include the following EXCEPT

• Processes

• Control & incentives

• Market conditions

• Organization culture

The devices used to reward appropriate managerial behavior is known as ___________

• processes

• people

• culture

• incentives

Pressures for cost reductions are greatest when ___________

• major competitors are based in low cost locations

• differences in consumer tastes and preferences

• differences in traditional practices and infrastructure

• differences in distribution channels

Which strategy is make sense when the firm faces strong pressures for cost reductions and demands for local responsiveness are minimal?

• Global standardization strategy

• Localization strategy

• Transnational strategy

• International strategy

Which strategy is make sense when there are low cost pressures and low pressures for local responsiveness?

• Localization strategy

• Global standardization strategy

• Transnational strategy

• International strategy