International Business Strategy Quiz
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Questions and Answers

What are the knowledge objectives of studying this chapter?

  • Explaining motives for firms to pursue international diversification (correct)
  • Describing the effects of international diversification
  • Discussing environmental trends affecting international strategy
  • All of the above

What are the three international corporate-level strategies?

  • National, multinational, and global
  • Multidomestic, global, and transnational (correct)
  • Local, regional, and global
  • Domestic, international, and global

What are the four factors that lead to a basis for international business-level strategies?

  • Legal regulations, labor costs, supply chain efficiency, and taxation policies
  • Economic indicators, government stability, infrastructure development, and trade agreements
  • Market size, growth rate, competitive intensity, and currency exchange rates (correct)
  • Consumer behavior, technological advancements, political stability, and cultural diversity

What are the five alternative modes for entering international markets?

<p>Exporting, licensing, franchising, joint ventures, and wholly owned subsidiaries (C)</p> Signup and view all the answers

What is the environmental trend affecting international strategy discussed in the chapter?

<p>Liability of foreignness and regionalization (C)</p> Signup and view all the answers

Flashcards

International Corporate-Level Strategies

Strategies used by firms to expand internationally, including multidomestic, global, and transnational.

International Business-Level Strategies

Strategies used by firms to compete in international markets, based on factors like market size, growth rate, intensity, and exchange rates.

International Market Entry Modes

Different ways companies can enter international markets, such as exporting, licensing, franchising, joint ventures, and wholly owned subsidiaries.

Liability of Foreignness

Disadvantage faced by firms when operating in foreign countries due to cultural differences, lack of knowledge, and political risks.

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Regionalization Trends in International Strategy

Focus on regional markets when crafting international strategies.

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