Info
Warning
Danger

Study Resources (Art And Architechture)

    51.Market screening eliminates:    A. undesirable products.   B. markets that are judged to be less attractive.   C. environmental forces.   D. competition.   E. two of the above.     52.Market screening is divided into:    A. environmental screening and country screening.   B. region screening and segment screening.   C. segment screening and environmental screening.   D. region screening and environmental screening.   E. country screening and segment screening.     53.Under the country screening process, in what order is the selection of.
10 Views
View Answer
    41.Social desirability bias can be seen as a cultural problem when conducting market research.  True    False   42.College students may make good interviewers for firms doing market research in foreign countries.  True    False   43.Corporateanthropology refers to the process of obtaining market research data through focus groups and surveys.  True    False   44.General surveys are not done with a specific firm in.
8 Views
View Answer
    91.All the reasons for making decisions at IC headquarters, at subsidiary headquarters, or cooperatively:    A. do not apply in joint venture situations.   B. apply equally in joint venture situations.   C. apply only to a corporate entity between two or more companies that are foreign to the area where the joint venture is located.   D. apply only to a.
8 Views
View Answer
    71.The GLED model of global leadership development:    A. involves antecedents and a process to build higher levels of expertise.   B. applies to managers already belonging to the company.   C. involves extensive foreign training and language acquisition.   D. is used by the State Department.   E. C and D.     72.The Right Stuff model of global leadership development:    A. focuses on the needs of the firm.
7 Views
View Answer
True / False Questions  1.Some evidence suggests that pioneers gain and maintain a competitive advantage in new markets.  True    False   2.Research shows that surviving pioneers hold a smaller average market share when their industries reach maturity than firms that were either fast followers or late entrants in the product category.  True    False   3.A pioneer will most likely.
18 Views
View Answer
    81.According to the text, which of the following is true regarding "corporate anthropology"?    A. It involves extensive use of historical data on cultures.   B. It involves extensive use of surveys.   C. It involves watching consumers use products.   D. All of the above.   E. B and C.     82.In __________ screening, the important variables for segmentation are commonalities in needs and wants among.
10 Views
View Answer
    31.A way to open up the cultural assumptions team members have is the map-bridge-integrate model.  True    False   32.Mapping is figuring out a geographical outline for all team members.  True    False   33.Bridging involves seeing the other person's point of view.  True    False   34.Effective bridging in a team situation is a substitute for integration.  True    False   35.Virtual team leadership is similar to co-located team.
9 Views
View Answer
    11.The initial choice of organizational structure after discarding the international division is usually a hybrid based on product and market factors.  True    False   12.The product global corporate form eliminates the duplication of product and area specialists.  True    False   13.The type of structure that simplifies the task of directing worldwide operations because every country in the world.
14 Views
View Answer
    71.Licensing provides income for:    A. fashion designers.   B. computer manufacturers.   C. magazine publishers.   D. all of the above.   E. two of A, B, and C.     72.Which of the following was stated in the text as being a concern with licensing?    A. It requires the licensor to invest scarce funds in the licensee's company.   B. It can create a competitor.   C. License terms are often not upheld by.
8 Views
View Answer
    51.The successful domestic leader:    A. can easily adapt to the global arena because the leadership challenges there are the same as those in the domestic arena.   B. faces daunting new skills in transferring to the global leadership arena, skills having to do with understanding a fast-moving environment and cultural differences.   C. can be retrained to lead.
7 Views
View Answer
True / False Questions  1.Companies decide to export to increase their sales and profits or to protect them from being eroded.  True    False   2.The first step in finding a foreign market for a product is to determine whether a market exists for a firm's products.  True    False   3.The International Trade Administration (ITA) is a good place for.
16 Views
View Answer
    21.Global teams are characterized by low levels of diversity and high levels of geographic dispersion.  True    False   22.The three main team leadership activities in any environment are establishing the team, coaching team members, and setting team norms.  True    False   23.Team establishment involves weakly linked member identification to ensure creativity.  True    False   24.Creating an environment for team norms to come.
8 Views
View Answer
    41.In larger, older organizations more decisions are made at the subsidiaries.  True    False   42.The increasing pace of change and intensity of competition in many markets of the world, as well as continued differences across many markets, are causing even large experienced companies to delegate at least some decision-making authority to subsidiary managers.  True    False   43.Subsidiary detriment.
15 Views
View Answer
    71.Which of the following is false regarding sociocultural screening?    A. Sociocultural factors are fairly subjective.   B. Data are difficult to assemble, particularly from a distance.   C. Unless an analyst is a specialist in the country, he or she must rely on the opinions of others.   D. The use of checklists of sociocultural components can be useful.   E. Immigrants from the.
8 Views
View Answer
    71.A hybrid organization may result from:    A. the firm's acquiring a company with distinct products and distribution channels.   B. management's attempt to mesh product and regional expertise.   C. management's problems with a matrix organization.   D. a firm's use of SBUs.   E. none of the above.     72.The __________ organization has evolved from management's attempt to mesh product and regional and functional expertise.
8 Views
View Answer
    11.Exporting can extend a product's life cycle by exporting to currently unserved markets where the product will be at the introduction stage of the life cycle.  True    False   12.Direct exporting is simpler than indirect exporting because it requires neither special expertise nor large cash outlays.  True    False   13.Export merchants are exporters that sell for the manufacturer.
13 Views
View Answer
    61.A company can engage in indirect exporting by using which of the following companies in its own country?    A. Manufacturers' export agents   B. Export merchants   C. Sales offices   D. All of the above   E. Two of A, B, and C     62.The disadvantages of indirect exporting include:    A. firms gain little experience from the transaction.   B. commissions have to be paid to agents.   C. firms are dependent on.
10 Views
View Answer
    31.One way in which contract manufacturing is used is to subcontract assembly work or the production of parts to subsidiaries overseas.  True    False   32.One way in which contract manufacturing is used is for a company to contract with a local manufacturer to produce products for the company, according to the company's specifications.  True    False   33.If a.
9 Views
View Answer
    51.To facilitate Kraft's goal of enhancing growth prospects within developing-country markets, the company:    A. moved an increasing proportion of decisions to the company's Illinois headquarters.   B. gave full profit-and-loss accountability to the business units.   C. expanded core product categories into large developing countries.   D. all of the above.   E. two of A, B, and C.     52.Organizational structure:    A. refers to the way that.
8 Views
View Answer
True / False Questions  1.Market screening is a modified version of environmental scanning in which the firm studies the stock market to eliminate the less desirable markets.  True    False   2.By conducting environmental scanning, a firm monitors the natural resources around the world that may affect it.  True    False   3.In environmental scanning the firm scans the world for.
18 Views
View Answer
    11.Trade flows are good indicators of the magnitude of present sales.  True    False   12.Knowing the number of imports to a specific country provides a firm with a complete measure of market potential.  True    False   13.Imports to a country can be a good indicator of the potential demand for a new product.  True    False   14.During the second screening, analysts are.
11 Views
View Answer
    51.A pioneering firm stands the best chance for long-term success in market-share leadership and profitability when:    A. there are few cultural barriers to entry.   B. the firm has sufficient size, resources, and competencies.   C. there is high potential for imitation.   D. all of the above.   E. two of A, B, and C.     52.In many cases, a firm entering international markets becomes.
8 Views
View Answer
    11.If a firm decides to set up its own export operation rather than do indirect exporting, the firm must obtain overseas distribution.  True    False   12.Generally, trade missions consist of 5 to 12 business professors.  True    False   13.New exporters always come to the process with a carefully developed marketing strategy.  True    False   14.Lack of top management commitment to export is.
11 Views
View Answer
    11.Among the skills necessary for a global leader are cultural adaptability and an ability to build global teams.  True    False   12.The Global Leadership Triad includes skills in business, relationships, and personal effectiveness.  True    False   13.Women's leadership skills coincide with global leadership skills.  True    False   14.Assessing global leadership skills is a well-understood, basic process.  True    False   15.Research indicates that global leaders are born,.
13 Views
View Answer
    31.Advantages of the virtual corporation concept include that it allows a company to build competence from the ground up and to increase management's control over the corporation's activities.  True    False   32.A form of organization characterized by lateral decision processes, horizontal networks, and a strong corporatewide business philosophy is a horizontal corporation.  True    False   33.The horizontal organization.
9 Views
View Answer
    61.Market size, market growth rate, and e-commerce indexes are all part of:    A. market factors.   B. trend analysis.   C. cluster analysis.   D. market indicators.   E. none of the above.     62.Size of the urban population and electricity consumption are part of the __________ index.    A. market size   B. market growth rate   C. e-commerce readiness   D. market factor   E. none of the above     63.Average growth rate in commercial energy use and real growth rate.
12 Views
View Answer
    91.Strategic alliances are:    A. partnerships between competitors, customers, or suppliers that may take various forms.   B. another name for a growth triangle.   C. arbitration.   D. none of the above.   E. two of A, B, and C.     92.According to a 12-country study conducted by Ernst & Young, _____ percent of U.S. companies are engaged in some form of strategic alliance.    A. 25   B. 50   C. 65   D. 75   E. 90     93.________ alliances are.
10 Views
View Answer
    81.Control activities:    A. are the efforts to develop strategic plans for an organization.   B. are needed more by domestic companies than international companies.   C. should be linked to evaluation and reward systems.   D. none of the above.   E. two of A, B, and C.     82.Companies controlled by other companies through ownership of enough voting stock to elect board-of-director majorities are known.
8 Views
View Answer
True / False Questions  1.International companies need a new kind of leader for the international environment due to increased complexity.  True    False   2.There are more global leaders than there is demand for them.  True    False   3.A global mindset is built on a thorough knowledge of geography.  True    False   4.Leadership involves organizing a group of people in order to achieve a.
27 Views
View Answer
  97.What are the four primary dimensions that need to be considered when designing the structure of an international company, and why are they important?            98.Describe the global product form, explain why a company might adopt this form, and identify the disadvantages of this structure.              .
7 Views
View Answer
    99.Explain why and where decisions are made among ICs and their subsidiary units.            100.What are the types of information that an international company needs to have reported to it by its units around the world, and why is each type important for the IC and its control efforts?              .
9 Views
View Answer
    61.Companies that adopted the global organizational form felt that this organization would:    A. permit them to obtain cheaper labor.   B. be more capable of developing strategies to confront new global competition.   C. enable them to get lower interest rates to finance expansion.   D. all of the above.   E. two of A, B, and C.     62.As their overseas operations have increased in.
12 Views
View Answer
      98.With global leadership, global teams, and global change, the global context adds substantial complexity to the activity. Comment on this additional complexity.            99.This chapter discusses building a corporate global mindset. What can you do to build an individual global mindset?            100.What are the differences between traditional and global teams?              .
11 Views
View Answer
  ' 91.In the process of bridging, team members:    A. discuss their similarities.   B. relate their personal histories.   C. decenter.   D. discuss their task-relevant skills.   E. A and E.     92.Virtual communication:    A. is more efficient than face-to-face communication.   B. allows a focus on tasks and less on social needs.   C. lacks the richness of face-to-face communication.   D. supports higher levels of trust than face-to-face communication.   E. allows for integrated global team development.     93.Virtual teams.
8 Views
View Answer
    41.Management contracts can enable the global partner to control many aspects of a joint venture even when holding only a minority position.  True    False   42.In a 12-country study conducted by Ernst & Young, 65 percent of U.S. companies were found to be engaged in a strategic alliance.  True    False   43.Strategic alliances take many forms, including licensing,.
8 Views
View Answer
    21.Hybrid organizations are often the result of a regionally organized company having introduced a new and different product from what the regionally organized form is accustomed to handling.  True    False   22.A matrix organization involves two or more dimensions, such as area and product, in which managers are at the same level but do.
11 Views
View Answer
    41.Seeing what needs to be done is a management, rather than leadership, element.  True    False   42.Change is understood differently in different cultures, which suggests that leading global change is a challenging process.  True    False   43.Research on global change has led to well-developed theories of the process of global change.  True    False   44.Kurt Lewin's model of change involves understanding the.
9 Views
View Answer
    21.Licensing and joint venture agreements cannot be useful business forms for new exporters.  True    False   22.The export marketing plan is essentially the same as the domestic marketing plan.  True    False   23.The export marketing plan does not include product characteristics, promotional plans, and details on arrangements with foreign representatives.  True    False   24.Sales forecasts and budgets, pricing policies, product characteristics, holiday.
10 Views
View Answer
    21.The e-commerce potential index developed in the text includes three indexes: market size, market growth rate, and e-commerce readiness.  True    False   22.Estimation by analogy is an example of a market factor.  True    False   23.Trend analysis and cluster analysis are used in the third screening phase.  True    False   24.Trend analysis assumes that past conditions will remain constant.  True    False   25.When the historic growth.
11 Views
View Answer
    81.Team coaching is critically important in global teams because:    A. with high levels of diversity, team members who don't know each other are likely to expect poor performance.   B. team members need coaching to cross cultural barriers.   C. global teams are challenged with diversity, which leads to innovation.   D. without coaching, each separately located member is likely to.
7 Views
View Answer
    61.Global leadership can be regarded as different in kind from domestic leadership because:    A. it requires much more knowledge of foreign languages and geography.   B. the differences between them are inconsequential.   C. their differences are of such great degrees with regard to their level of skills and application.   D. the domestic context does not require travel or knowledge.
10 Views
View Answer
    81.International firms employ contract manufacturing:    A. as a means of entering a foreign market without investing in plant facilities.   B. to subcontract assembly work or the production of parts to independent companies overseas.   C. A and B.   D. as a means of direct foreign investment.     82."Foreign direct investment without investment" is a term sometimes applied to:    A. franchising.   B. exporting.   C. a joint venture.   D. a management.
10 Views
View Answer
    21.Trading companies are privately owned firms that develop international trade and serve as intermediaries between foreign buyers and domestic sellers, and vice versa.  True    False   22.Turnkey projects export technology, management expertise, and capital equipment.  True    False   23.Producing a factory ready to operate is similar to producing a turnkey project.  True    False   24.Licensing refers to a contractual agreement in which.
15 Views
View Answer
    31.One should not look at sociocultural forces as subjective.  True    False   32.Countries in which strong competition already exists are eliminated from consideration by most managers.  True    False   33.Managers may consider entering a market in which strong competition already exists if they believe entering a competitor's home market will distract the competitor's attention from the new entrant's.
8 Views
View Answer