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GMEC

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

Which of these is/are forces for global integration?

a)

Deregulation

b)

Worldwide markets

c)

Standardized worldwide technology

d)

All of the above

2.

Which of these is a force for market responsiveness?

a)

Global Village

b)

Cultural differences

c)

Worldwide communication

d)

Global cost drivers

3.

Which of these is NOT a motive for internationalization?

a)

Economies of scale

b)

Overproduction

c)

Competitive pressures

d)

Large domestic market

4.

Which of these is a barrier to internationalization?

a)

Insufficient market knowledge

b)

Sufficient finances

c)

Export commitment

d)

High productive capacity

5.

Which internationalization theory suggests a sequential pattern of entry into successive foreign markets?

a)

Dunning's eclectic approach

b)

Uppsala internationalization model

c)

Transaction Cost Analysis

d)

Network model

6.

The relationships of a firm in a domestic network can be used as bridges to other networks in other countries is called the

a)

Ansoff matrix

b)

Network model

c)

Relationship management

d)

Uppsala internationalization model

7.

Which orientation assumes products and practices that succeed at home will be successful everywhere

a)

Polycentric

b)

Regiocentric

c)

Ethnocentric

d)

Geocentric

8.

Which of these forces is NOT in the Porter's five-forces model?

a)

Buyers

b)

Suppliers

c)

Market competitors

d)

Sellers

9.

What type of company has rapid internationalization?

a)

Multinational corporations

b)

Born global

c)

Small and medium enterprises

d)

Large scale enterprises

10.

This cost emerges when friction between buyer and seller cause opportunistic behaviour

a)

fixed costs

b)

variable costs

c)

transaction costs

d)

contracting costs