BSG EXAM 7 QUESTIONS AND ANSWERS (LATEST 2023 – 2024)
VERIFIED ANSWERS
which of the following statements regarding multi-country competition is
... [Show More] false? - with multicountry competition, the competitive arena among rival companies involves several neighboring
countries rather than either a single country of the world market as a whole
competing in one or more countries or regions of the world causes the strategy-making to be more
complex partly because of - the presence of important cross-country differences in buyer tastes,
market sizes, and growth potential
differing governmental policies and regulations that make the business climate more favorable in
some countries than others
which of the following is the most unlikely element of a "think global, act global" approach to
crafting a global strategy? (you may find the content of figure 7.2 helpful in answering this
question). - having relatively small plants in many countries, with each plant producing product
versions for local area markets
Sell different product versions in different countries under different brand names
which of the following is not a reason why a company decides to enter foreign markets? - to build
the profit sanctuaries necessary to wage guerrilla offensives against global challengers endeavoring
to invade the company's home market
an international or global competitor can strive to gain competitive advantage or counteract
disadvantages by - doing a better job than rivals do of transferring some of its competitively
powerful resources and capabilities from countries where it has established competitively strong
market positions to its operations in those countries where it is competitively weaker
a u.s. company that makes all of its goods at a plant in brazil and then exports the brazilian-made
goods to those european markets where the currency is euros - is competitively advantaged when
the brazilian real declines in value against the euro
the advantages of using a licensing strategy to participate in foreign markets include - being able to
generate revenues and income from a company's technical know-how or a unique patented product
without committing significant additional resources to country markets that are unfamiliar,
politically volatile, economically unstable, or otherwise risky.
operating in the markets of many different countries requires company managers to confront the
strategic issue of - whether to vary the company's competitive approach to fit specific market
conditions and buyer preferences in each host country or whether to employ essentially the same
competitive strategy approach in all countries [Show Less]