marcb mid

A global - as opposed to international - stragetry involves:

• A wide variety of business strategies across countries

• A single strategy for a subsidiary of a multinational firm

• A single strategy for the entire global network of subsidiaries and partners

• A wide variety of subsidiary strategies within the global network of the subsidiaries

Which of the following is NOT an example of a global strategy?

• The British subsidiary of global insurance group Aviva develops a new product for the UK market

• IKEA sells standardized, Swedish designed, self-assembly furniture products at low price

• LVMH sells luxury goods made in France

• Walmart withdraws from Germany in order to avoid changing its global strategy of selling low-priced products

In the BERI framework, the Operations Risk Index (ORI) primarilly measures:

• Currency votality and capital repatriation restrictions

• Bureaucratic delays, infrastructure quality, and local busniess practices

• Political stability and military control

• Labor laws and tax compliance

Which of the following is NOT a dimesion of global strategy?

• Localization

• Coordination and configuration

• Standardization

• Integration

What three board factors determine global strategy of multinational firms?

• Local globalizing drivers, industry globalizing drivers, internal globalizing drivers

• Cultural globalizing drivers, industry globalizing drivers, global orientation

• Industry globalizing drivers, internal globalizing drivers, global orientation

• Market drivers, cost drivers, competitive drivers, regionalization drivers

What are the four industry globalizing drivers?

• Market drivers, cost drivers, government drivers, and localization drivers

• Market drivers, cost drivers, government drivers, and competitive drivers

• Market drivers, cost drivers, competitive drivers, bargaining drivers

• Market drivers, cost drivers, competitive drivers, regionalization drivers

What are the four industry globalizing drivers?

• Market drivers, cost drivers, government drivers, and localization drivers

• Market drivers, cost drivers, government drivers, and competitive drivers

• Market drivers, cost drivers, competitive drivers, bargaining drivers

• Market drivers, cost drivers, competitive drivers, regionalization drivers

A global consumer culture means that:

• Cultural traditions and values are converging around the world

• Consumers are becoming very similar around the world

• There is a world-wide demand for the same global brands

• National cultures are disappering around the world

Global economies of scale arise when:

• A product or a process can be globally performed using cheap labour

• A product or a process can be performed more cheaply thanks to alliances with multinational firms in other sectors

• A product or a process can be performed more cheaply at greater volume than a lesser volume

• A product or a process can be performed more cheaply thanks to globally performed cross-business cost-saving activities

Governments can encourage globalization of industries by:

• Increasing tariffs and regulations

• Creating common international technical standards

• Subsidising domestic firms that expand internationally

• Subsidising foreign firms that invest in their country