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A major impact of information technology (IT)on strategic implementation has been its effects on a company's ability to pursue strategic outsourcing to strengthen its business model.

A) True
B) False

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The purpose of a joint venture between two or more companies is often to


A) share and develop technology.
B) distribute and market brands and products.
C) share access to customers.
D) all of these choices.
E) none of these choices.

F) All of the above
G) None of the above

Correct Answer

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Divisional battles may lead to battles over transfer pricing.

A) True
B) False

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Which structure is the best for sharing information and learning across countries?


A) Global-area
B) International division
C) Global product group
D) Global matrix
E) Simple

F) B) and C)
G) B) and D)

Correct Answer

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To expand its global sales,the U.S.-based foods maker ConAgra purchased a firm that processes grains in the United Kingdom.ConAgra plans to manage the new business by allowing it to continue as before,with little integration into the rest of the firm.Based on this information,which strategy is ConAgra pursuing?


A) Stuck in the middle
B) Transnational
C) International
D) Global standardization
E) Localization

F) B) and C)
G) B) and E)

Correct Answer

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When implementing an international strategy,many companies create global divisions that they add to their existing divisional structures.

A) True
B) False

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Joint ventures are best suited for projects that


A) are small in size.
B) each company could undertake by itself.
C) are routine in nature.
D) neither company could do on its own.
E) none of these choices.

F) C) and D)
G) B) and E)

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Few integrating mechanisms are needed when a company uses a global-area structure.

A) True
B) False

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When a company uses a network structure to implement outsourcing,


A) many firms along the value chain can easily cooperate.
B) bureaucratic costs are increased.
C) the cost of the outsourced functions increases.
D) organizational culture is an important control mechanism.
E) many firms along the value chain can easily cooperate and bureaucratic costs are increased.

F) B) and C)
G) B) and E)

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PepsiCo bought many of its bottlers.Which entry mode is PepsiCo using to enter the bottling industry?


A) Joint venture
B) Internal new venture
C) Acquisition
D) Divestiture
E) Merger

F) A) and E)
G) B) and E)

Correct Answer

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Which of the following strategies results in the highest bureaucratic costs?


A) Localization
B) International
C) Global standardization
D) Transnational
E) Unrelated diversification

F) C) and D)
G) B) and D)

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Business-to-business (B2B) networks link firms to


A) buyers.
B) suppliers.
C) regulators.
D) competitors.
E) buyers and suppliers.

F) D) and E)
G) A) and D)

Correct Answer

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A global strategy


A) involves an appropriate mix of centralization and decentralization.
B) centralizes all functions at the optimal global locations.
C) centralizes only the research and development (R&D) and marketing functions.
D) is the most complex strategy.
E) maximizes local responsiveness.

F) D) and E)
G) A) and E)

Correct Answer

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To expand its global sales,U.S.-based Miller Brewing Company purchased a firm that processes grains in Brazil.Miller plans to manage the new business by allowing it to continue as before,with little integration into the rest of the firm.Based on this information,which entry mode is Miller using in Brazil?


A) Acquisition
B) Internal new venture
C) Joint venture
D) Divestiture
E) Merger

F) A) and B)
G) None of the above

Correct Answer

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In its African operations,Sony Corporation performs most functions at its Japanese headquarters but markets through cooperative relationships with local distributors.In the United States,Sony has decentralized almost all of its tasks to an independent firm that it owns.Based on this information,which strategy is Sony pursuing?


A) Localization
B) Transnational
C) International
D) Global standardization
E) Stuck in the middle

F) A) and D)
G) A) and C)

Correct Answer

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The global-product strategy is weak when it comes to


A) manufacturing of products.
B) distribution of products.
C) responsiveness to customers.
D) all of these choices.
E) none of these choices.

F) B) and E)
G) A) and B)

Correct Answer

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The U.S.firm Hewlett-Packard (HP) built twelve worldwide manufacturing facilities in several different countries,but its research and development (R&D) and marketing are centralized in the United States.Based on this information,which entry mode is HP using in its various locations?


A) Acquisition
B) Internal new venture
C) Joint venture
D) Divestiture
E) Merger

F) C) and E)
G) None of the above

Correct Answer

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Reasons why a firm might benefit from the creation of a separate new-venture division include all of the following except


A) better protection of the division's autonomy.
B) less scrutiny from top managers.
C) removal from day-to-day pressures of the firm.
D) ease in developing a culture that fosters innovation.
E) development of a science-based business model.

F) All of the above
G) A) and D)

Correct Answer

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The easiest and cheapest type of diversification strategy for a company to manage is


A) related diversification.
B) unrelated diversification.
C) vertical integration.
D) horizontal diversification.
E) none of these choices.

F) D) and E)
G) A) and B)

Correct Answer

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Which of the following structures results in the creation of an office of corporate headquarters staff?


A) Functional
B) Product team
C) Geographic
D) Matrix
E) Multidivisional

F) None of the above
G) B) and C)

Correct Answer

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Showing 21 - 40 of 84

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