Kellogg's experiments using ________ record participants' faces as they watch advertisements for Crunchy Nut cereal, then assess how their eyes moved, when they smiled or frowned, and so on.

Kellogg's experiments using ________ record participants' faces as they watch advertisements for Crunchy Nut cereal, then assess how their eyes moved,...

Before deciding on a new promotional campaign, Holly's Cupcakes looked at its customers' buying patterns over a 5-year period as determined by their use of a loyalty card. What method did the company use to make sense of the data that were available?

Before deciding on a new promotional campaign, Holly's Cupcakes looked at its customers' buying patterns over a 5-year period as determined by their use...

The owner of Packey Chevrolet Dealership wants to know why consumers chose his company to purchase a car. He is fairly sure that most customers have one of three reasons—service, reputation, or location—but wants to know which was revealed as the most frequent reason for purchasing. The owner of Packey Chevrolet will probably use a survey with ________ questions to address his research problem.

The owner of Packey Chevrolet Dealership wants to know why consumers chose his company to purchase a car. He is fairly sure that most customers have one...

Shondra and Jason are working on a research project to anticipate customer attitudes toward a proposed product line for their company. They have worked with the marketing manager to determine the answers that are needed and have created a detailed design of the project. Their next logical step will be to

Shondra and Jason are working on a research project to anticipate customer attitudes toward a proposed product line for their company. They have worked...

Parul manages an upscale women's clothing store. She wants more information about customer response to the upcoming fall fashion line she has been advertising on her website. To gather initial reactions and opinions from about a dozen of her most frequent shoppers, Parul would want to use

Parul manages an upscale women's clothing store. She wants more information about customer response to the upcoming fall fashion line she has been advertising...

Marketers of retail giants such as Walmart have learned that people tend to buy certain products at the same time, for example, toothpaste and dental floss or paper towels and paper plates. Knowing this, Walmart will promote and display these products together. To uncover these customer purchasing patterns, marketers use

Marketers of retail giants such as Walmart have learned that people tend to buy certain products at the same time, for example, toothpaste and dental...

Kent wants to survey recent customers about the quality of service they received at his small cell phone repair shop. He has customers' mailing and e-mail addresses. Kent will likely use an online survey primarily because it offers

Kent wants to survey recent customers about the quality of service they received at his small cell phone repair shop. He has customers' mailing and e-mail...

________ is a disadvantage of secondary research, while ________ is a disadvantage of primary research.

________ is a disadvantage of secondary research, while ________ is a disadvantage of primary research.Answer: Potential bias; high c...

A statistical technique that describes two or more variables simultaneously and results in tables that reflect the joint distribution of two or more variables that have a limited number of categories or distinct values is a(n) ________.

A statistical technique that describes two or more variables simultaneously and results in tables that reflect the joint distribution of two or more variables...

Which of the research questions/hypotheses below is best answered using cross-tabulations?

Which of the research questions/hypotheses below is best answered using cross-tabulations?Answer: What percentage of men and women prefer brand A...

The tool used to display content analysis recording units is a ________.

The tool used to display content analysis recording units is a ________.Answer: proximity p...

In a ________, category codes are ordered from lowest value to highest value with columns for count, percent, valid percent, and cumulative percent.

In a ________, category codes are ordered from lowest value to highest value with columns for count, percent, valid percent, and cumulative percent.Answer: frequency...

In which of the following are bars arranged in decreasing order by size?

In which of the following are bars arranged in decreasing order by size?Answer: pareto diag...

All of the following are sources of data that can be used in a Pareto diagram except ________.

All of the following are sources of data that can be used in a Pareto diagram except ________.Answer: dichotomous sca...

The horizontal axis on a histogram indicates the ________.

The horizontal axis on a histogram indicates the ________.Answer: interval of observati...

Which of the following display choices is most similar to the histogram?

Which of the following display choices is most similar to the histogram?Answer: stem and leaf disp...

Which type of graphical depiction of frequency values uses a circle shape divided into triangles such that each triangle represents the frequency value it represents?

Which type of graphical depiction of frequency values uses a circle shape divided into triangles such that each triangle represents the frequency value...

All of the following are contained in a frequency table except ________.

All of the following are contained in a frequency table except ________.Answer: quartile indicat...

Hypothesis testing is conducted using ________ data analysis techniques.

Hypothesis testing is conducted using ________ data analysis techniques.Answer: confirmat...

What percentage of participants is typically contacted during data validation?

What percentage of participants is typically contacted during data validation?Answer: ...

The process of ensuring the accuracy of data and their conversion from raw form into classified forms appropriate for analysis is called ________.

The process of ensuring the accuracy of data and their conversion from raw form into classified forms appropriate for analysis is called ________.Answer: data...

For which of the following conditions is restructuring a diversified company's business lineup an attractive course of action?

For which of the following conditions is restructuring a diversified company's business lineup an attractive course of action?1. When the interest owed...

Retrenching to a narrower diversification base can include which of the following?

Retrenching to a narrower diversification base can include which of the following?1. getting out of businesses that are competitively weak2. focusing...

True or false: One method of broadening a company's diversification base is to add businesses that will complement and strengthen the market position of businesses in industries where the company already has a stake.

True or false: One method of broadening a company's diversification base is to add businesses that will complement and strengthen the market position...

If a company has poorly chosen acquisitions that are underperforming expectations, it is a good idea to _____.

If a company has poorly chosen acquisitions that are underperforming expectations, it is a good idea to _____.Answer: restructure the business l...

When a company's management decides that it needs to concentrate on a smaller number of businesses, it is a good strategy to ____.

When a company's management decides that it needs to concentrate on a smaller number of businesses, it is a good strategy to ____.Answer: retrench...

It makes sense to stick closely with a diversified company's present business lineup when ____.

It makes sense to stick closely with a diversified company's present business lineup when ____.1. The existing business lineup provides ample opportunity...

A diversified company's base can be broadened by ____.

A diversified company's base can be broadened by ____.Answer: acquiring more businesses and building positions in new industr...

When a firm with a related diversification strategy has businesses that match specialized resource requirements at points along their value chains that are critical for the business's market success, they are said to have ____.

When a firm with a related diversification strategy has businesses that match specialized resource requirements at points along their value chains that...

The broad categories of action for crafting strategic moves to improve a diversified company's overall performance include ____.

The broad categories of action for crafting strategic moves to improve a diversified company's overall performance include ____.1. Divesting certain businesses...

True or false: Strategic uses of corporate resources should usually take precedes over financial options.

True or false: Strategic uses of corporate resources should usually take precedes over financial options.Answer: t...

When a company's existing businesses provide opportunities for growth and produce economic value for shareholders, it makes sense to _____.

When a company's existing businesses provide opportunities for growth and produce economic value for shareholders, it makes sense to _____.Answer: adhere...

Which of the following statements are true concerning the ranking of a diversified company's business units from best to worst?

Which of the following statements are true concerning the ranking of a diversified company's business units from best to worst?1. Future revenue and earnings...

The crafting of strategic moves to improve a diversified company's overall performance _____.

The crafting of strategic moves to improve a diversified company's overall performance _____.Answer: can be placed into four broad categories of...

Strategic options for allocating company financial resources include which of the following?

Strategic options for allocating company financial resources include which of the following?1. investing in ways to strengthen or grow existing businesses2....

Which of the following statements are true concerning whether a company has sufficient non financial resources?

Which of the following statements are true concerning whether a company has sufficient non financial resources?1. The broader the diversification, the...

Which of the following statements are true concerning the portfolio approach to ensuring financial fit?

Which of the following statements are true concerning the portfolio approach to ensuring financial fit?1. The portfolio approach relies on the premise...

After a evaluating the strength, attractiveness, and fit of a diversified company's strategy, the next move is to ____.

After a evaluating the strength, attractiveness, and fit of a diversified company's strategy, the next move is to ____.Answer: rank the performance...

A diversified company can add value by shifting capital from business units generating free cash flow to those needing capital to grow by having a strong ___.

A diversified company can add value by shifting capital from business units generating free cash flow to those needing capital to grow by having a strong...

When a firm with a related diversification strategy has businesses that match specialized resource requirements at points along their value chains that are critical for the business's market success, they are said to have ___.

When a firm with a related diversification strategy has businesses that match specialized resource requirements at points along their value chains that...

Which of the following are circumstances that indicate a poor fit of non financial resources in a diversified company?

Which of the following are circumstances that indicate a poor fit of non financial resources in a diversified company?1. A company's resources are stretched...

The portfolio approach to financial fit revolves around the fact that ____.

The portfolio approach to financial fit revolves around the fact that ____.Answer: cash flow and investment characteristics vary among busines...

What questions can be answered by determining the competitive value of strategic fit in diversified companies?

What questions can be answered by determining the competitive value of strategic fit in diversified companies?1. Will leveraging a potent umbrella brand...

A company has good financial resource fit if ____.

A company has good financial resource fit if ____.1. the company can create enough internal cash flow to provide the capital required by its businesses2....

A good resource fit would include solid parenting capabilities in companies that pursue which of the following?

A good resource fit would include solid parenting capabilities in companies that pursue which of the following?Answer: an unrelated diversification...

Which of the following are true of the nine cell attractiveness-strength matrix?

Which of the following are true of the nine cell attractiveness-strength matrix?1. it helps diversified companies allocate resources among their businesses2....

Determining the competitive value of strategic fit in diversified companies _____.

Determining the competitive value of strategic fit in diversified companies _____.Answer: is important in evaluating their related diversification...

In a nine-cell matrix ______.

In a nine-cell matrix ______.1. Industry attractiveness is plotted on the vertical axis2. each axis is divided into three regions3. competitive strength...

Which of the following actions should a company consider according to the nine-cell attractiveness-strength matrix?

Which of the following actions should a company consider according to the nine-cell attractiveness-strength matrix?1. To be cautious about investing in...

Business units with competitive-strength ratings ____.

Business units with competitive-strength ratings ____.Answer: above 6.7 are strong market contenders in their industr...

Factors that can be used to quantify the competitive strengths of a diversified company's business subsidiaries include ____.

Factors that can be used to quantify the competitive strengths of a diversified company's business subsidiaries include ____.1. ability to match or beat...

Which of the following are true concerning the interpretation of industry-attractiveness scores?

Which of the following are true concerning the interpretation of industry-attractiveness scores?1. Industries that score much less than five are unlikely...

In calculating industry attractiveness scores ____.

In calculating industry attractiveness scores ____.Answer: competition intensity should be heavily weigh...

Which of the following statements are true of a nine-cell matrix?

Which of the following statements are true of a nine-cell matrix?1. Overall attractiveness and strength scores are used to plot business units, which...

In order to be a good market for a company to be in, an industry should ____.

In order to be a good market for a company to be in, an industry should ____.Answer: pass the industry attractiveness t...

Which of the following ratings concerning interpretation of competitive strength scores are correct?

Which of the following ratings concerning interpretation of competitive strength scores are correct?1. Businesses with rating below 3.3 are in competitively...

Steps involved in assessing the positive and negative aspects of a diversified company's strategy and determining how to improve performance include which of the following?

Steps involved in assessing the positive and negative aspects of a diversified company's strategy and determining how to improve performance include which...

Which of the following is true concerning relative market share?

Which of the following is true concerning relative market share?Answer: The further below 1 a business unit's relative market share is, the weaker...

In order for a diversified company to perform well ______.

In order for a diversified company to perform well ______.Answer: much of its revenues and profits should be derived from business units with comparatively...

The three strategy options for pursuing diversification are ____.

The three strategy options for pursuing diversification are ____.1. diversifying into both related and unrelated businesses2. diversifying into unrelated...

Quantitative industry-attractiveness scores can be calculated based on _____.

Quantitative industry-attractiveness scores can be calculated based on _____.1. Emerging threats and opportunities2. Market size and projected growth...

Which of the following statements are true of multibusiness diversification strategies?

Which of the following statements are true of multibusiness diversification strategies?1. Some companies are narrowly diversified around two to five related...

Which of the following are questions to ask when evaluating industry attractiveness?

Which of the following are questions to ask when evaluating industry attractiveness?1. how appealing is the whole group of industries in which the company...

Strategic analysis of diversified companies ______.

Strategic analysis of diversified companies ______.Answer: builds on the same ideas and techniques used for analyzing single-business compan...

Which statement is true concerning the pursuit of growth through unrelated diversification?

Which statement is true concerning the pursuit of growth through unrelated diversification?Answer: it can be misguided if the growth is not profitable...

Unrelated diversification strategy ____.

Unrelated diversification strategy ____.Answer: can create only a small amount of competitive advantage beyond that which can be created by the individual...

A diversified company in which one core business accounts for 50% to 80% of total revenues and other businesses account for the remainder is known as _______.

A diversified company in which one core business accounts for 50% to 80% of total revenues and other businesses account for the remainder is known as...

Unrelated diversification strategies ____.

Unrelated diversification strategies ____.Answer: tend to have more overall failures than succes...

In order to pass the three tests of corporate advantage, executives must _____.

In order to pass the three tests of corporate advantage, executives must _____.1. diversify into industries where the businesses can produce consistently...

Which of the following would be misguided reasons for pursuing unrelated diversification?

Which of the following would be misguided reasons for pursuing unrelated diversification?1. reducing earning volatility2. boosting managerial compensation3....

The redistribution of excess cash flow by parent companies from some businesses to others ________.

The redistribution of excess cash flow by parent companies from some businesses to others ________.Answer: is especially important when credit is...

Which of the following statements are true of unrelated diversification?

Which of the following statements are true of unrelated diversification?1. Problems can occur when corporate management makes decisions for businesses...

Restructuring a business _____.

Restructuring a business _____.1. Often entails transferring experienced managers to the newly acquired business2. Usually occurs when a diversified company...

Diversified companies that are able to create more value in their businesses than other diversified companies have what is called ____.

Diversified companies that are able to create more value in their businesses than other diversified companies have what is called ____.Answer: a...

Which of the following statements are true concerning the cross-business allocation of financial resources by parent companies?

Which of the following statements are true concerning the cross-business allocation of financial resources by parent companies?1. Parent companies can...

Corporate parents effectively contribute to the success of their businesses by _____.

Corporate parents effectively contribute to the success of their businesses by _____.1. utilizing popular umbrella brands2. providing general resources...

The process of overhauling and streamlining the operations of a business is referred to as ______.

The process of overhauling and streamlining the operations of a business is referred to as ______.Answer: restructur...

In an unrelated diversification strategy, managers must make sure acquisition candidates have which of the following characteristics?

In an unrelated diversification strategy, managers must make sure acquisition candidates have which of the following characteristics?1. They meet corporate...

True or false: The benefits of cross-business strategic fit follow naturally once a company can diversity into related businesses.

True or false: The benefits of cross-business strategic fit follow naturally once a company can diversity into related businesses.Answer: fa...

The redistribution of excess cash flow by parent companies from some businesses to others _______.

The redistribution of excess cash flow by parent companies from some businesses to others _______.Answer: is especially important when credit is...

Corporate brands that do not have a connotation of any specific type of product are known as ____.

Corporate brands that do not have a connotation of any specific type of product are known as ____.Answer: umbrella bra...

Companies practicing unrelated diversification overwhelmingly enter new businesses by ______.

Companies practicing unrelated diversification overwhelmingly enter new businesses by ______.Answer: obtaining an established comp...

Which of the following statements are true of economies of scope?

Which of the following statements are true of economies of scope?1. They are a distinct concept from economies of scale2. They result from strategic fit...

Which of the following are true in using cross business strategic fit to create gains in profitability and shareholder value?

Which of the following are true in using cross business strategic fit to create gains in profitability and shareholder value?1. it builds shareholder...

Examples of strategic fit in manufacturing include ____.

Examples of strategic fit in manufacturing include ____.1. The sharing of cost-efficient production methods2. The transfer of expertise in quality control3....

Which of the following are true of related businesses?

Which of the following are true of related businesses?1. They have similar resources and capabilities2. They have compatible value chain activities3....

Cross business strategic fit can exist ____

Cross business strategic fit can exist ____1. in supply chain activities2. in customer service activities3. at various points along the value ch...

Which of the following is true of economies of scope?

Which of the following is true of economies of scope?Answer: they come directly from strategic fit along the value chains of related busines...

Resources whose use is applied across a wide range of industry types are known as _____.

Resources whose use is applied across a wide range of industry types are known as _____.Answer: general resour...

Which of the following are included in the strategic fit of sales and marketing?

Which of the following are included in the strategic fit of sales and marketing?1. reducing billing costs by using common promotional tie ins2. using...

Determining if there are obstacles that block a new company from gaining a foothold and thriving in an industry is an example of answering the strategy based question of _____.

Determining if there are obstacles that block a new company from gaining a foothold and thriving in an industry is an example of answering the strategy...

Examples of opportunities for strategic fit include ______.

Examples of opportunities for strategic fit include ______.1. exploiting the common use of a well-known brand name2. transferring specialized expertise...

Businesses are said to be related when ____

Businesses are said to be related when ____Answer: their value chains exhibit competitively important cross-business commonalit...

Which of the following allow businesses with strategic fit in supply chain activities perform better together?

Which of the following allow businesses with strategic fit in supply chain activities perform better together?1. obtaining volume discounts on incoming...

Determining whether the materials needed to start a business can be readily obtained by a company is an example of answering the strategy based question of ______.

Determining whether the materials needed to start a business can be readily obtained by a company is an example of answering the strategy based question...

Which of the following statements are true of specialized resources?

Which of the following statements are true of specialized resources?1. They are leverages in related diversification2. Their value is evident only when...

If the question of entry barriers demonstrates that barriers against a company entering an industry cannot be readily overcome, the company will probably choose entry via _____.

If the question of entry barriers demonstrates that barriers against a company entering an industry cannot be readily overcome, the company will probably...

Determining whether the premium required to make an acquisition will be worth the extra value gained is an example of answering the question of _____.

Determining whether the premium required to make an acquisition will be worth the extra value gained is an example of answering the question of _____.Answer: comparative...

Which of the following are true of related businesses?

Which of the following are true of related businesses?1. They can be combined to perform better than the sum of the individual businesses2. They have...

Determining how rapidly an industry is changing is crucial to answering the question of ______ when choosing a mode of entry.

Determining how rapidly an industry is changing is crucial to answering the question of ______ when choosing a mode of entry.Answer: sp...

If the question of critical resources and capabilities demonstrates that a company has or can easily lease all of the material necessary to start a new business, it will probably do so by _____.

If the question of critical resources and capabilities demonstrates that a company has or can easily lease all of the material necessary to start a new...

Choosing how best to enter a new business ______.

Choosing how best to enter a new business ______.Answer: depends partially on determining the least costly mode of en...

Determining if there are obstacles that black a new company from gaining a foothold and thriving in an industry is an example of answering the strategy-based question of ______.

Determining if there are obstacles that black a new company from gaining a foothold and thriving in an industry is an example of answering the strategy-based...

In answering the question of comparative costs, acquisition transaction costs include which of the following?

In answering the question of comparative costs, acquisition transaction costs include which of the following?1. evaluating potential targets2. negotiating...

Which of the following is true about joint ventures?

Which of the following is true about joint ventures?Answer: they are usually short lives, ending as soon as the partners decide to part w...

If the question of speed determines that fast movers can grab long-term advantages, the preferred mode of diversification is likely to be ____.

If the question of speed determines that fast movers can grab long-term advantages, the preferred mode of diversification is likely to be ____.Answer...

Internal development of a new business is a good idea when which of the following conditions are met?

Internal development of a new business is a good idea when which of the following conditions are met?1. The parent company has the in-house resources...

Determining whether the materials needed to start a business can be readily obtained by a company is an example of answering the strategy-based question of _____.

Determining whether the materials needed to start a business can be readily obtained by a company is an example of answering the strategy-based question...

Which of the following are among the four questions that need to be asked when determining how best to enter a new business?

Which of the following are among the four questions that need to be asked when determining how best to enter a new business?1. Is speed an important factor...

If the question of entry barriers demonstrates that barriers against a company entering an industry cannot be readily overcome, the company will probably choose entry via ____.

If the question of entry barriers demonstrates that barriers against a company entering an industry cannot be readily overcome, the company will probably...

Which of the following are terms that refer to diversification by starting a new business subsidiary from scratch?

Which of the following are terms that refer to diversification by starting a new business subsidiary from scratch?1. corporate venturing2. internal development3....

If the question of critical resources and capabilities demonstrates that a company has or can easily lease all of the materials necessary to start a new business, it will probably do so by _____.

If the question of critical resources and capabilities demonstrates that a company has or can easily lease all of the materials necessary to start a new...

Choosing how best to enter a new business ____

Choosing how best to enter a new business ____Answer: depends partially on determining the least costly mode of en...

Which of the following is true about joint ventures?

Which of the following is true about joint ventures?Answer: there are usually short-lives, ending as soon as partners decide to part w...

Internal development of a new business is a good idea when which of the following conditions are met?

Internal development of a new business is a good idea when which of the following conditions are met?1. there is plenty of time to start the business2....

Determining whether the materials needed to start a business can be readily obtained by a company is an example of answering the strategy based question of ____.

Determining whether the materials needed to start a business can be readily obtained by a company is an example of answering the strategy based question...

Which of the following are among the four questions that need to be asked when determining how best to enter a new business?

Which of the following are among the four questions that need to be asked when determining how best to enter a new business?1. Which is the least costly...

Which of the following are benefits of acquisition?

Which of the following are benefits of acquisition?1. it is a useful way to get over entry barriers, such as building brand awareness2. it is quicker...

Which of the following are the ways a company can enter a new business?

Which of the following are the ways a company can enter a new business?1. acquisition2. joint ventures3. internal sta...

Entering a new business via a joint venture can be useful in which of the following situations?

Entering a new business via a joint venture can be useful in which of the following situations?1. when an opportunity is too complicated or risky for...

The potential for an existing company can a new business to function better together following diversification than they would individually is part of the _____.

The potential for an existing company can a new business to function better together following diversification than they would individually is part of...

Which of the following are terms that refer to diversification by starting a new business subsidiary from scratch?

Which of the following are terms that refer to diversification by starting a new business subsidiary from scratch?1. corporate venturing2. internal development3....

Which of the following statements are true about a successful diversification effort?

Which of the following statements are true about a successful diversification effort?1. it must give shareholders value that they cannot get by purchasing...

The decision to diversity should begin with _____

The decision to diversity should begin with _____Answer: an economic justificat...

Which of the following are drawbacks of acquisition?

Which of the following are drawbacks of acquisition?1. there can be high integration costs2. integration of the company into the existing firm can be...

Which of the following are strategic options for increasing a corporation's overall success?

Which of the following are strategic options for increasing a corporation's overall success?1. broadening the scope of diversification by entering additional...

The means of entering a new business by buying an existing business is referred to as ______.

The means of entering a new business by buying an existing business is referred to as ______.Answer: acquisit...

What are the three tests of corporate advantage?

What are the three tests of corporate advantage?1. the industry attractiveness test2. the cost of entry test3. the better off t...

Diversification is not really viewed as a success unless it ____.

Diversification is not really viewed as a success unless it ____.Answer: yields added long-term economic value for sharehold...

Diversifying into new industries ____

Diversifying into new industries ____Answer: should be explored when a single business company encounters dwindling opportunities in its principal...

The steps involves in creating a diversified company's corporate strategy include ______

The steps involves in creating a diversified company's corporate strategy include ______1. picking new industries to enter and the means for entering...

If it is impractical for a company to adapt to the situation in a developing-country market, the company should _____.

If it is impractical for a company to adapt to the situation in a developing-country market, the company should _____.Answer: avoid the mar...

A domestic company can defeat against expanding international companies through which methods?

A domestic company can defeat against expanding international companies through which methods?1. pursuing mergers and acquisitions2. employing a rapid-growth...

True or false: One way a domestic company can successfully compete against a global business giant is by exploiting shortcomings in the global company's local distribution networks.

True or false: One way a domestic company can successfully compete against a global business giant is by exploiting shortcomings in the global company's...

Which of the following is a way by which a company can successfully compete in a developing country market as shown y Japan's Suzuki when it entered India?

Which of the following is a way by which a company can successfully compete in a developing country market as shown y Japan's Suzuki when it entered India?Answer: change...

One of the ways companies can compete profitably in a developing country market is to ____.

One of the ways companies can compete profitably in a developing country market is to ____.Answer: tailor the packaging and product quantity to local...

By transferring company expertise to cross-border markets, a domestic company can successfully do what?

By transferring company expertise to cross-border markets, a domestic company can successfully do what?Answer: transform into a global company in...

_____, of the decision on the part of two companies to refrain from launching aggressive actions against each other, may occur when the companies compete against one another in multiple geographic markets.

_____, of the decision on the part of two companies to refrain from launching aggressive actions against each other, may occur when the companies compete...

What are reasons why domestic companies often have an advantage over global companies?

What are reasons why domestic companies often have an advantage over global companies?1. domestic companies are familiar with the local labor force2....

______ subsidization refers to supporting competitive offensives in one market with resources and profits diverted from operations in another market.

______ subsidization refers to supporting competitive offensives in one market with resources and profits diverted from operations in another market....

If it is impractical for a company to adapt to the situation in a developing country market, the company should _____.

If it is impractical for a company to adapt to the situation in a developing country market, the company should _____.Answer: avoid the mar...

What can help a company compete successfully in developing country markets?

What can help a company compete successfully in developing country markets?1. customizing its business morel to suit local circumstances2. offering lower-priced,...

Companies that practice cross-border coordination often gain which benefits?

Companies that practice cross-border coordination often gain which benefits?1. better workload distribution2. coordinated production schedules3. adaptation...

What is the term used to describe rivals competing against one another in many of the same markets?

What is the term used to describe rivals competing against one another in many of the same markets?Answer: multi market competit...

A company may find cross-border resource sharing or transfers of capabilities fail to translate into a competitive advantage because _____.

A company may find cross-border resource sharing or transfers of capabilities fail to translate into a competitive advantage because _____.Answer: a...

True or false: Cross-market subsidization can be a powerful competitive weapon for companies operation in numerous markets.

True or false: Cross-market subsidization can be a powerful competitive weapon for companies operation in numerous markets.Answer: t...

What are reasons a company would share a valuable competitive asset with its international locations?

What are reasons a company would share a valuable competitive asset with its international locations?1. to increase its global market share2. to attract...

One strategy associated with limiting the number of locations is to open a customer service center in a specific country in order to _____.

One strategy associated with limiting the number of locations is to open a customer service center in a specific country in order to _____.Answer: cultivate...

A company trying to gain advantages over domestic rivals by shifting production from a plant in one county to a plant in another to profit from exchange rate flections is using cross-border ____.

A company trying to gain advantages over domestic rivals by shifting production from a plant in one county to a plant in another to profit from exchange...

A company's products may have little value in certain foreign market locations because _____.

A company's products may have little value in certain foreign market locations because _____.1. buyer preference and lifestyles very from country to country2....

To leverage its capabilities and increase its competitive advantage, an international company can _____.

To leverage its capabilities and increase its competitive advantage, an international company can _____.1. share a brand name or other valuable competitive...

Which factors make dispersing a company's activities competitively important?

Which factors make dispersing a company's activities competitively important?1. the threat of supply interruptions2. major customers in areas without...

Companies that focus on certain locations can benefit from which of the following?

Companies that focus on certain locations can benefit from which of the following?1. better activities coordination2. superior resources3. well-trained...

If significant economies of scale exist, a company that concentrated on a limited number of locations can do what?

If significant economies of scale exist, a company that concentrated on a limited number of locations can do what?Answer: achieve major cost sav...

A company that distributes its activities across multiple locations can seek which advantages?

A company that distributes its activities across multiple locations can seek which advantages?1. providing customers with timely service and technical...

One strategy associated with limiting the number of locations is to open a customer service center in a specific country in order to ____.

One strategy associated with limiting the number of locations is to open a customer service center in a specific country in order to ____.Answer: cultivate...

Focusing on a limited number of locations can increase a company's competitive advantage when ____.

Focusing on a limited number of locations can increase a company's competitive advantage when ____.1. a large learning curve is associated with a particular...

A transnational strategy can enable a company to do which of the following?

A transnational strategy can enable a company to do which of the following?Answer: leverage subsidiary skills and capabilit...

A transnational strategy is a ____ approach.

A transnational strategy is a ____ approach.Answer: think global, act lo...

What are drawbacks of global strategies?

What are drawbacks of global strategies?1. higher transportation costs2. difficulty addressing local ne...

To be successful, a think global, act global approach generally requires which of the following?

To be successful, a think global, act global approach generally requires which of the following?1. centralized production and distribution2. a global...

Which of the following are drawbacks of transnational strategy?

Which of the following are drawbacks of transnational strategy?1. it can create a costly and time-consuming operation2. it is a difficult strategy to...

Companies that implement a transnational strategy often employ mass-customization techniques designed to ____.

Companies that implement a transnational strategy often employ mass-customization techniques designed to ____.Answer: accommodate local preferences...

A global strategy is an appropriate choice in which situation?

A global strategy is an appropriate choice in which situation?Answer: buyer needs for a particular product or service are relatively the same in...

A company that employs a global strategy will do which of the following?

A company that employs a global strategy will do which of the following?1. coordinate efforts across country boundaries2. create a strong headquarters...

Which of the following can be inhibited by a multi domestic strategy?

Which of the following can be inhibited by a multi domestic strategy?1. the transfer of company technological know how2. the transfer of company resources3....

A think local, act local strategy gives local managers the decision making capability to do which of the following?

A think local, act local strategy gives local managers the decision making capability to do which of the following?1. focus competitive efforts2. address...

An international strategy is a company's strategy for competing in two or more ____ simultaneously.

An international strategy is a company's strategy for competing in two or more ____ simultaneously.Answer: countr...

What are drawbacks of a multi domestic strategy?

What are drawbacks of a multi domestic strategy?1. it won't help a company build a single international competitive advantage2. it can raise production...

Car manufacturers often employ a multi domestic approach and allow local manager to market the vehicles according to which of the following?

Car manufacturers often employ a multi domestic approach and allow local manager to market the vehicles according to which of the following?1. cultural...

Another way to define the concept of multi domestic strategy is as a _____.

Another way to define the concept of multi domestic strategy is as a _____.Answer: think local, act local appro...

What do companies commonly risk losing when they develop joint ventures with companies in a foreign country?

What do companies commonly risk losing when they develop joint ventures with companies in a foreign country?Answer: their competitive advant...

Which two issues do companies commonly encounter when undergoing international expansion?

Which two issues do companies commonly encounter when undergoing international expansion?1. the demand to customize products to suit local preferences2....

Companies that employ a multi domestic strategy attempt to meet buyer needs by ____.

Companies that employ a multi domestic strategy attempt to meet buyer needs by ____.Answer: offering different products and services in different...

A company that wishes to control all aspects of its operation when it expands into foreign markets should establish a _____.

A company that wishes to control all aspects of its operation when it expands into foreign markets should establish a _____.Answer: Wholly owned...

A joint venture can hamper a country's goals for global market leadership by fostering ____.

A joint venture can hamper a country's goals for global market leadership by fostering ____.Answer: too much dependence on a foreign mar...

An international strategy is a company's strategy for competing in two or more ______ simultaneously.

An international strategy is a company's strategy for competing in two or more ______ simultaneously.Answer: countr...

A company that expands into a foreign market by pursuing the option of entering into a strategic alliance with a foreign partner can ___.

A company that expands into a foreign market by pursuing the option of entering into a strategic alliance with a foreign partner can ___.1. achieve cost...

An internal startup or a(n) ____ venture is a subsidiary business that is established by setting up the entire operation from the ground up.

An internal startup or a(n) ____ venture is a subsidiary business that is established by setting up the entire operation from the ground up.Answer:&n...

Acquiring a foreign company as a means of entering a foreign market can allow a business to do which of the following?

Acquiring a foreign company as a means of entering a foreign market can allow a business to do which of the following?1. avoid the risks of a Greenfield...

Joint ventures are likely to fail when what occurs?

Joint ventures are likely to fail when what occurs?Answer: a local partner's expertise is less valuable than expec...

The primary problem that franchisors face over foreign-market expansion is the lack of ____ control.

The primary problem that franchisors face over foreign-market expansion is the lack of ____ control.Answer: qual...

A domestic company wishing to enter the international market may choose to license its products or services to a foreign company for which reason?

A domestic company wishing to enter the international market may choose to license its products or services to a foreign company for which reason?Answer: The...

The strategic option of acquiring a foreign partner gives a company expanding into a foreign market the advantage of ___.

The strategic option of acquiring a foreign partner gives a company expanding into a foreign market the advantage of ___.1. familiarity with local government...

Exporting goods may be a successful strategic option if the company ___.

Exporting goods may be a successful strategic option if the company ___.Answer: can maintain its cost competitiveness at h...

A company seeking to establish a subsidiary in a foreign country may choose to establish a Greenfield venture it an internal startup ____.

A company seeking to establish a subsidiary in a foreign country may choose to establish a Greenfield venture it an internal startup ____.1. can successfully...

A strong domestic currency tends to ____.

A strong domestic currency tends to ____.Answer: weaken the cost of competitiveness of domestic compan...

A company that wishes to control all aspect of its operation when it expands into foreign markets should establish a ____.

A company that wishes to control all aspect of its operation when it expands into foreign markets should establish a ____.Answer: wholly owned s...

Producing goods in domestic plants and exporting them is considered ___.

Producing goods in domestic plants and exporting them is considered ___.Answer: A conservative way to enter a foreign mar...

McDonald's, 7-Eleven, and Hilton Hotels have all entered the international market by using ____.

McDonald's, 7-Eleven, and Hilton Hotels have all entered the international market by using ____.Answer: franchising strateg...

What are among the five primary strategic options for a company wishing to enter international markets?

What are among the five primary strategic options for a company wishing to enter international markets?1. licensing foreign firms to produce and distribute...

The biggest risk a company assumes with a licensing strategy is that ____.

The biggest risk a company assumes with a licensing strategy is that ____.Answer: it will lose control over the use of its technological know ...

In which of the following situations a company's export strategy may fail?

In which of the following situations a company's export strategy may fail?1. When domestic manufacturing costs are higher than those of foreign competitors2....

A strong domestic currency can create an unfavorable exchange rate shift for domestic companies because ______.

A strong domestic currency can create an unfavorable exchange rate shift for domestic companies because ______.Answer: domestic manufacturing becomes...

The strategic option of home-based production and export allows a company to do what?

The strategic option of home-based production and export allows a company to do what?1. minimize its direct investment in foreign countries2. limit its...

One of the five primary strategic options a company can use to expand into a foreign market is to ____.

One of the five primary strategic options a company can use to expand into a foreign market is to ____.Answer: maintain a domestic production base...

True or false: cultural difference are a major source of the cross-country variations that affect buyer preferences.

True or false: cultural difference are a major source of the cross-country variations that affect buyer preferences.Answer: t...

A country's desirability as a low-cost manufacturing location can vary frequently depending on shifts in the country's ____.

A country's desirability as a low-cost manufacturing location can vary frequently depending on shifts in the country's ____.Answer: currency exchange...

A strong domestic currency tends to ____.

A strong domestic currency tends to ____.Answer: weaken the cost competitiveness of domestic compan...

To compete in an international market, a basic decision companies must make is whether to _____ to accommodate cross-country difference in buyer tastes and preferences.

To compete in an international market, a basic decision companies must make is whether to _____ to accommodate cross-country difference in buyer tastes...

For domestic manufacturers, positive aspect of a weak domestic currency include _____.

For domestic manufacturers, positive aspect of a weak domestic currency include _____.1. reduced domestic demand for foreign made goods2. lower prices...

Currency exchange rates can pose a risk for businesses because they ____.

Currency exchange rates can pose a risk for businesses because they ____.1. can change by more than 20% a year2. vary unpredictability3.affect a company's...

A strong domestic currency can create an unfavorable exchange rate shift for domestic companies because _____.

A strong domestic currency can create an unfavorable exchange rate shift for domestic companies because _____.Answer: domestic manufacturing becomes...

In terms of a country's business climate, a country's inflation rate and level of deficit spending are types of ____.

In terms of a country's business climate, a country's inflation rate and level of deficit spending are types of ____.Answer: economic r...

To discourage foreign companies from locating manufacturing facilities in a country, the country's government can do which of the following?

To discourage foreign companies from locating manufacturing facilities in a country, the country's government can do which of the following?1. require...

A weak domestic currency can result in a favorable exchange rate shift for domestic companies by ____.

A weak domestic currency can result in a favorable exchange rate shift for domestic companies by ____.Answer: reducing the cost advantage for foreign...

A country's desirability as a low cost manufacturing location can vary frequently depending on shifts in the country's _____.

A country's desirability as a low cost manufacturing location can vary frequently depending on shifts in the country's _____.Answer: currency exchange...

Which of the following are policies that governments adopt to stimulate business investment?

Which of the following are policies that governments adopt to stimulate business investment?1. providing government sponsored job training2. offering...

In terms of a country's business climate, the instability or weakness of a national government is a type of ____.

In terms of a country's business climate, the instability or weakness of a national government is a type of ____.Answer: political r...

Building production facilities in which countries presents a competitive advantage because of low-wage labor?

Building production facilities in which countries presents a competitive advantage because of low-wage labor?1. india2. Ch...

Which of the following are ways by which governments can discourage the import of specific items?

Which of the following are ways by which governments can discourage the import of specific items?1. setting up import quotas2. imposing a ban on importation3....

Different country environments require companies to customize their approaches to which of the following?

Different country environments require companies to customize their approaches to which of the following?1. management2. organization3. strat...

Elements of a country's infrastructure that can contribute to factor conditions include _____.

Elements of a country's infrastructure that can contribute to factor conditions include _____.1. communication2. banking systems3. transportat...

What are examples of demand conditions?

What are examples of demand conditions?1. relative size of the market2. growth potential3. domestic buyers' needs and wa...

Governments wishing to create a favorable business climate for foreign companies will typically ____.

Governments wishing to create a favorable business climate for foreign companies will typically ____.Answer: seek advise from business lead...

Creating a strategy for entering an international market can be more difficult than entering a domestic market because _____.

Creating a strategy for entering an international market can be more difficult than entering a domestic market because _____.Answer: buyer preferences...

Countries with which characteristics present advantages for becoming principal production sites?

Countries with which characteristics present advantages for becoming principal production sites?1. relaxed government regulations2. close proximity to...

Companies typically move into foreign markets to _____.

Companies typically move into foreign markets to _____.Answer: exploit their core competenc...

True or false: Strategic alliances are more frequently used by firms from North America than from Asia or Latin America.

True or false: Strategic alliances are more frequently used by firms from North America than from Asia or Latin America.Answer: fa...

Natural-resource companies move into foreign markets to ____.

Natural-resource companies move into foreign markets to ____.Answer: access supplies of raw material more cost effectiv...

What are elements of factor conditions for production?

What are elements of factor conditions for production?1. availability of raw materials2. cost of la...

Spurring market growth in a domestic market can translate into an international competitive advantage owing to which of the following?

Spurring market growth in a domestic market can translate into an international competitive advantage owing to which of the following?Answer: increasing...

A company may find it easier to operate in one country than in others because of the country's

A company may find it easier to operate in one country than in others because of the country's1. advantages for specific value chain activities2. strong...

Companies are often motivated to enter foreign markets to _____.

Companies are often motivated to enter foreign markets to _____.Answer: take advantage of new resources and capabilit...

What are reasons that companies expand into foreign markets?

What are reasons that companies expand into foreign markets?1. to gain access to new customers2. to achieve lower costs3. to gain access to low cost ...

Firms for which licensing is not a good option include those in

Firms for which licensing is not a good option include those inA. low-technology industries.B. global oligopolies.C. industries characterized by low cost...

Although it normally involves much longer-term commitments, franchising is essentially the service industry version of

Although it normally involves much longer-term commitments, franchising is essentially the service industry version ofA. exporting.B. licensing.C. foreign...

To encourage inward FDI, it is increasingly common for governments to

To encourage inward FDI, it is increasingly common for governments toA. offer tax concessions to foreign firms that invest in their countries.B. exclude...

Host governments use a range of controls to restrict inward FDI. The two most common are

Host governments use a range of controls to restrict inward FDI. The two most common areA. monetary restraints and prohibition on investing in certain...

Which of the following is NOT an option in the service industry, due to the fact that many services have to be produced where they are sold?

Which of the following is NOT an option in the service industry, due to the fact that many services have to be produced where they are sold?A. FDIB. franchisingC....

Caputo Fine Chemicals, a U.S. company, invested in a manufacturing facility in Mexico. The production from the Mexican facility was entirely used to serve the company's U.S. customers. Caputo Fine Chemicals' activity is called

Caputo Fine Chemicals, a U.S. company, invested in a manufacturing facility in Mexico. The production from the Mexican facility was entirely used to serve...

Which of the following is a major type of foreign investment risk that is insurable through government-backed programs?

Which of the following is a major type of foreign investment risk that is insurable through government-backed programs?A. lack of fundsB. risk of transaction...

As an incentive to encourage domestic firms to undertake FDI, many countries have

As an incentive to encourage domestic firms to undertake FDI, many countries haveA. eliminated double taxation of foreign income.B. started imposing local...

Which of the following is a home-country policy for limiting outward FDI?

Which of the following is a home-country policy for limiting outward FDI?A. eliminating double taxation of foreign incomeB. manipulating tax rules to...

Offshore production refers to FDI undertaken

Offshore production refers to FDI undertakenA. to focus on extractive industries, such as oil and gas.B. to serve the home market.C. in shipping industries.D....

Which of the following is most likely to be the effect of FDI in the form of a greenfield investment on the host country?

Which of the following is most likely to be the effect of FDI in the form of a greenfield investment on the host country?A. It drives down prices and...

Which of the following statements is most likely to be true regarding the adverse effects of FDI on the host country?

Which of the following statements is most likely to be true regarding the adverse effects of FDI on the host country?A. It decreases the level of competition...

Which account in the balance of payments records transactions involving the export and import of goods and services?

Which account in the balance of payments records transactions involving the export and import of goods and services?A. currentB. foreignC. internalD....

A current account deficit is also known as a(n)

A current account deficit is also known as a(n)A. stock deficit.B. inventory deficit.C. external deficit.D. tariff deficit.E. trade deficit.Answer: E....

When a country is importing more goods and services than it is exporting, it is incurring a(n)

When a country is importing more goods and services than it is exporting, it is incurring a(n)A. trade surplus.B. current account deficit.C. positive...

Which of the following is the only way to support a current account deficit in the long run?

Which of the following is the only way to support a current account deficit in the long run?A. borrowing from the IMFB. selling assets to foreignersC....

Which of the following statements is most likely to be true regarding the effects of FDI on employment?

Which of the following statements is most likely to be true regarding the effects of FDI on employment?A. FDI does not result in job creation.B. FDI has...

Direct effects of FDI on employment in the host country arise when a foreign MNE

Direct effects of FDI on employment in the host country arise when a foreign MNEA. brings in managers trained in the latest management techniques from...

Indirect effects of FDI on employment in a host country arise when

Indirect effects of FDI on employment in a host country arise whenA. a foreign MNE employs a number of host-country citizens.B. jobs are created because...

Which of the following are national accounts that track both payments to and receipts from other countries?

Which of the following are national accounts that track both payments to and receipts from other countries?A. equityB. dematerializedC. balance of tradeD....

The tendency to aggressively court FDI believed to be in the national interest of a country is an aspect of

The tendency to aggressively court FDI believed to be in the national interest of a country is an aspect ofA. pragmatic nationalism.B. the radical view.C....

Which of the following is true regarding the pragmatic nationalist view of FDI?

Which of the following is true regarding the pragmatic nationalist view of FDI?A. One aspect of pragmatic nationalism is the tendency to aggressively...

The main benefits of inward FDI for a host country arise from

The main benefits of inward FDI for a host country arise fromA. the resource-transfer effect, the employment effect, and the balance-of-payments effect.B....

Foreign managers trained in the latest management techniques can often help to improve the efficiency of operations in the host country, whether those operations are acquired or greenfield developments. This benefit of FDI falls into the category of

Foreign managers trained in the latest management techniques can often help to improve the efficiency of operations in the host country, whether those...

According to the _____, FDI has both benefits and costs and should be allowed only if the benefits outweigh the costs.

According to the _____, FDI has both benefits and costs and should be allowed only if the benefits outweigh the costs.A. eclectic paradigm theoryB. free...

Many host countries are concerned that a foreign-owned manufacturing plant may import many components from its home country, which has negative implications for the host country's

Many host countries are concerned that a foreign-owned manufacturing plant may import many components from its home country, which has negative implications...

The pragmatic nationalist view is that

The pragmatic nationalist view is thatA. FDI benefits only the host country.B. FDI does not make any positive contribution to the host economy.C. every...

Which of the following is a reason for the decline in the popularity of the radical view of FDI?

Which of the following is a reason for the decline in the popularity of the radical view of FDI?A. rise of communism in Eastern EuropeB. generally steady...

Which view argues that international production should be distributed among countries according to the theory of comparative advantage?

Which view argues that international production should be distributed among countries according to the theory of comparative advantage?A. conservativeB....

According to the free market view, how does FDI increase the efficiency of the world economy through MNEs?

According to the free market view, how does FDI increase the efficiency of the world economy through MNEs?A. The MNE is an instrument for dispersing the...

Which of the following statements regarding the free market view is true?

Which of the following statements regarding the free market view is true?A. According to the free market view, MNEs decrease the overall efficiency of...

Dunning's theory helps explain

Dunning's theory helps explainA. how firms try to match each other's moves in different markets to try to hold each other in check.B. the interdependence...

Which view of FDI traces its roots to Marxist political and economic theory?

Which view of FDI traces its roots to Marxist political and economic theory?A. radicalB. free marketC. pragmatic nationalismD. comparative advantageE....

Radical writers argue that

Radical writers argue thatA. a multinational enterprise (MNE) is an instrument of economic development rather than economic domination.B. MNEs are more...

According to the radical view of FDI, multinational enterprises (MNEs) that already exist in a country should be

According to the radical view of FDI, multinational enterprises (MNEs) that already exist in a country should beA. immediately nationalized.B. made to...

Which of the following concepts helps explain how location factors affect the direction of FDI?

Which of the following concepts helps explain how location factors affect the direction of FDI?A. eclectic paradigmB. protectionism argumentC. product...

Location-specific advantages for a firm are those that arise from

Location-specific advantages for a firm are those that arise fromA. acquiring the home markets of foreign firms that threaten a firm's domestic market.B....

Which of the following is true about Dunning's arguments?

Which of the following is true about Dunning's arguments?A. Dunning rejects the argument of internalization theory that it is difficult for a firm to...

Silicon Valley in California is the world center for the computer and semiconductor industry and has many of the world's major computer and semiconductor companies located close to each other, thus offering the location-specific advantage of

Silicon Valley in California is the world center for the computer and semiconductor industry and has many of the world's major computer and semiconductor...

Which of the following arises when two or more enterprises encounter each other in different regional markets, national markets, or industries?

Which of the following arises when two or more enterprises encounter each other in different regional markets, national markets, or industries?A. monopolyB....

Coca-Cola and PepsiCo compete against each other not only in the U.S., but also all across Europe, Asia, and Africa. Coca-Cola and PepsiCo are

Coca-Cola and PepsiCo compete against each other not only in the U.S., but also all across Europe, Asia, and Africa. Coca-Cola and PepsiCo areA. a monopoly.B....

The idea behind multipoint competition is to ensure that

The idea behind multipoint competition is to ensure thatA. a rival does not dominate one market and use the profits from there to drive competitive attacks...

The difference between internalization theory and imitative theory is that

The difference between internalization theory and imitative theory is thatA. internalization theory does not explain why the first firm in an oligopoly...

A critical competitive feature of an oligopoly is the

A critical competitive feature of an oligopoly is theA. lack of interaction among the major players.B. presence of a domestic market which is open for...

If one firm in an oligopoly cuts prices, then most likely, its competitors will

If one firm in an oligopoly cuts prices, then most likely, its competitors willA. make profits.B. also respond with similar price cuts.C. correspondingly...

The interdependence between firms in an oligopoly leads to

The interdependence between firms in an oligopoly leads toA. trade wars.B. a decrease in the supply.C. imitative behavior.D. higher demand.E. increased...

QFresh, a brand for energy drinks, launched a healthy lime-based drink without preservatives. Immediately after this, another brand, Fast Fizz, which manufactures energy drinks, also announced the launch of a new refreshing drink without preservatives. Then Ignite, a third brand of energy drinks, reduced the price of its apple-based drink. Which of the following is most likely to happen in this oligopolistic market setup?

QFresh, a brand for energy drinks, launched a healthy lime-based drink without preservatives. Immediately after this, another brand, Fast Fizz, which...

According to internalization theory, one of the drawbacks of licensing is that

According to internalization theory, one of the drawbacks of licensing is thatA. it may result in a firm's technological know-how being restricted to...

A firm is most likely to favor foreign direct investment over exporting when

A firm is most likely to favor foreign direct investment over exporting whenA. the firm wants its technological know-how to be widely disseminated.B....

The strategic behavior theory is used to

The strategic behavior theory is used toA. explain the constraints of exporting and licensing.B. explain the challenges faced by a firm during the establishment...

The cement market in Erbia is dominated by four firms. These firms control 85 percent of selling and buying of the domestic market. Which of the following terms explains the market structure of the cement industry in Erbia?

The cement market in Erbia is dominated by four firms. These firms control 85 percent of selling and buying of the domestic market. Which of the following...

Ohio Manufacturing prefers FDI over licensing to retain control over know-how, manufacturing, and marketing. Ohio Manufacturing's stance constitutes the

Ohio Manufacturing prefers FDI over licensing to retain control over know-how, manufacturing, and marketing. Ohio Manufacturing's stance constitutes theA....

The market imperfections approach seeks to explain

The market imperfections approach seeks to explainA. the disadvantages associated with the adoption of a completely free market view.B. why different...

The top management team at the Kentucky-based Mumford Products collectively support the market imperfections approach. This means Mumford Products' top management team is most likely to

The top management team at the Kentucky-based Mumford Products collectively support the market imperfections approach. This means Mumford Products' top...

Which of the following reflects internalization theory?

Which of the following reflects internalization theory?A. Licensing gives a firm the tight control over manufacturing, marketing, and strategy in a foreign...

Arnold & Sons, a leading manufacturer of cement in the U.S is considering exporting as its FDI strategy. Exporting may not be a good option for Arnold & Sons because of cement's

Arnold & Sons, a leading manufacturer of cement in the U.S is considering exporting as its FDI strategy. Exporting may not be a good option for Arnold...

Incandescent Lightings, a U.S.-based firm does not want to bear the costs of establishing production facilities in a foreign country. Incandescent Lightings should avoid

Incandescent Lightings, a U.S.-based firm does not want to bear the costs of establishing production facilities in a foreign country. Incandescent Lightings...

Governments impose quotas to limit

Governments impose quotas to limitA. FDI.B. importing.C. franchising.D. outsourcing.E. licensing.Answer: B. Import...