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WorksheetsStrategies of International Business
Total questions: 10
Worksheet time: 3mins
What are not forces that affect strategic choices of international business?
Demographic
Local responsiveness
Cost reduction
Pressure of cost reduction required...?
the firm to change the design of their product
the firm to higher unit cost
the firm to lower unit cost
the customer to pay less for the price
Pressures of cost reduction and pressures of local responsiveness place conflicting demands on a firm.
True
False
How many types of international business's strategies?
(a)
Which type of strategy have strong pressures for cost reductions and demands for local responsiveness are minimal?
Global Standardization Strategy
Transnational Strategy
International Strategy
Localization Strategy
Which factors below encourage the company to change the strategy? (multiple answers)
Transformations in organizational structure
Laws and Regulations changes
Political instability
The CEO experienced the loss of a loved one
Which company is an example of the international business which follows the Transnational strategy? (multiple answer)
VinGroup
KFC
Unilever
McDonald's
Which is NOT a role of international strategy?
Help the company compete effectively in international markets
Oriented toward smaller steps and a shorter time frame along the way
Help managers identify and utilize business opportunities, incorporate individual and collective efforts, allocate time and resources appropriately, and minimize mistakes
Coordinate all departments within the company to achieve the most effective goals
What is NOT true about "Profitability"?
Profitability = Revenue - Expenses
It is a relative measure
It indicates how profitable a business is
It can be measured by Rate on Investment
How many steps are there in the process of global strategic planning?
5
6
7
8
