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WorksheetsUnit 1 International Strategic Analysis
Total questions: 22
Worksheet time: 16mins
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
What is the primary purpose of Porter's value chain?
To increase government regulations in industries
To classify industries based on primary and support activities
To reduce the impact of industry-specific factors
To eliminate competition in the market
How do factor conditions contribute to the competitive advantage of a country or region?
Factor conditions have no impact on competitive advantage
Factor conditions determine the availability of resources and capabilities that firms can leverage
Factor conditions only affect domestic firms, not international competitiveness
Factor conditions are irrelevant in the global market
Which of the following is a driver of the internationalization process based on the specific viewpoint?
Overcome maturity of domestic market
Exploit location advantages
Exploit market opportunities
Low cost advantages in a host country
What is the strategy level that makes decisions in the company departments?
Corporate
Business
Business Unit
Functional
Which of the following are globalization consequences?
Impact on Porter's competitive forces
Social and cultural impact
National governments have less decision-making power
All of the above
"Disadvantages in basic factors can encourage firms to innovate" Which approach is refering to?
General
Advanced
Dynamic
Basic
"Sophisticated home markets buyers pressure firms to innovate faster and to create more advanced products than those of competitors"
True
False
Which of the following are dimensions of national culture in the host country analysis?
Uncertainity Avoidance
Sophisticated Communication
Spatial proximity
Power Distance
What are the two important issues regarding the institutional and legal framework?
Security rules
Transparency requirements
Relationship with host government
Environmental regulations
Which of the following are industry pressures for global integration and coordination?
Market
Costumer tastes and needs
Cost
Sales practices
What industry is characterized by "strong pressure for innovation"?
Global
Multi-domestic
International
Transnational
"Strong pressure for integration, innovation and adaptation" is a ................ industry
Global
Multi-domestic
International
Trasnational
