Unit 1 International Strategic Analysis

What are the possible stages of an internationalization plan?

• Market potential evaluation, Establish objectives, Choose entry mode, Business plan

• Financial analysis, Resource evaluation, Qualitative factors evaluation, Coordination and control mechanisms

• Financial analysis, Establish objectives, Choose entry mode, Business plan

What is the strategy level that centers in the gaining competitive advantage?

• Corporate

• Business

• Functional

• Commercial

Which of the following is a driver of the internationalization process based on the general viewpoint?

• Exploit market opportunities and location advantages

• Exploit economies of scope, Seek strategic liabilities

• Increase cost advantages in a host country, Avoid economies of scale

• Avoid maturity of domestic market, Disregard host market growth

What is the concept of globalization?

• Growing worldwide integration of countries and people due to cost reduction in transport, communication, and reduction of entry barriers

• Isolation of countries and people due to high costs in transport and communication

• Limited integration of countries and people due to strict entry barriers

• Decrease in worldwide trade due to high transportation costs

What are the dimensions of globalization?

• Technological system, Market globalization, Industry globalization, Strategy globalization

• Political system, Cultural globalization, Economic globalization, Social globalization

• Economic system, Cultural globalization, Industry globalization, Strategy globalization

• Economic system, Market globalization, Industry globalization, Strategy globalization

What are the types of country-specific factors?

• Home country, Host country

• Native country, Alien country

• Domestic country, International country

• Local country, Foreign country

What does Porter's Diamond Model help to explain?

• How to eliminate competition in all industries

• How particular industries become more competitive in certain locations

• How to increase government regulations in industries

• How to reduce competition in specific industries

What are the determinant factors of the competitive advantage of a country or region?

• Factor conditions, Demand conditions, Related and supporting industries, Firm strategy, structure & rivalry

• Government regulations, Currency risk, Host country risk, Industry-specific factors

• Globalization consequences, Industry pressures, Firm-specific factors, Drivers of internationalization process

• Market potential evaluation, Establish objectives, Choose entry mode, Business plan

What is the importance of firm-specific factors for firm competitiveness?

• Resource-based view is not relevant for firm competitiveness

• Firms do not need any advantages to succeed internationally

• Firm-specific factors have no impact on competitiveness

• Empirical evidence shows performance differences among firms in the same industry and country

What are key resources and capabilities for international competitiveness?

• Regional efficiency, Local adaptation, Knowledge development and transfer, Organizational skills

• Local efficiency, Global adaptation, Knowledge stagnation, Hierarchical skills

• Global inefficiency, Regional adaptation, Knowledge suppression and isolation, Individual skills

• Global efficiency, Local adaptation, Knowledge development and transfer, Organizational skills