PMB1

Which Key driver of globalization is expressed in the following: Many multinational companies, use English as their official working language. 

• Universalization

• Liberalization

• Internatioalization

Which driver of globalization (that is external to the organization) is expressed in the following: Apple, a U.S.-based company, has invested heavily in manufacturing facilities and partnerships in China.

• Rational Knowledge

• FDI

• changing markets

• technological innovations

Zappos, an online shoe and clothing retailer, uses the skills of a specialized firm within the U.S. as well, for customer service.

This is:

• Outsourcing offshore

• Offshoring

• Outsourcing

Which of the following is not an assumed issue with offshoring/outsourcing offshore to the home country and its firms

• Unemployment

• Wage reduction

• Lower quality products and services

• smaller firms may be forced to close

Walmart influences suppliers by setting strict pricing, delivery, and product standards. in order to maintain their contracts, suppliers must comply.

This is an example of:

• Producer driven chain

• Buyer-driven chain

Toyota collaborates closely with its suppliers through long-term partnerships, sharing resources and information to improve quality and efficiency. This cooperation includes joint product development and a commitment to mutual success.

This is an example of...

• Captive chain

• Modular chain

• Relational chain

Is a company that uses outsourcing offshore for only one function considered a multinational company?

• Yes

• No

Nestle operates in various counties with a focus on local responsiveness. The company tailors its products, marketing strategies, and operations to meet the specific tastes and preferences of each market.

Nestle is a...

• Multi-domestic MNE

• Transnational MNE

• International MNE

Subway allows local entrepreneurs to open and operate their own subways. this is an example of

• Exporting

• wholly-owned subsidiaries

• Licensing

• Franchising

Coca-Cola uses its strong brand and distribution network to maximize profits in international markets. this is a form of

• Asset augmenting

• Asset exploiting