question 3 flag question not yet answered points out of 1 00 the late mover advantag 5176432
Question 3 Flag question Not yet answered Points out of 1.00 The late-mover advantage is a company that offers a highly differentiated product designed to win the first-movers market share? Select one: A. True B. False Question 4 Flag question Points out of 1.00 Not yet answered A company that adapts its product features for an international market is pursuing one of the three principle strategic options. Select 1: Select one: A. A transnational strategy of appealing to local tastes and preferences through customization. B. A global strategy of offering products to a worldwide market. C. A global-custom strategy of think and act local, appealing to local markets. D. The strategic alliance approach of working with local companies to support local markets. Clear my choice Question 5 Flag question Points out of 1.00 Not yet answered Which of the following is not a key reason why companies expand into international markets? Select one: A. Exploit its ability to market in the principle country of origin to build its good will abroad. B.Achieve lower costs and enhance the firm's competitiveness. C. Further exploit its core competencies. D. Gain access to resources and capabilities located in a foreign market. Clear my choice Question 6 Flag question Not yet answered Points out of 1.00 Which of the following is not necessarily a factor in shaping a company's strategic choices for international markets? Select 1: Select one: A. The degree to which there are important cross-country differences in demographic, cultural, and market conditions. B. Whether the company's core values translate to the host country for the es of broad-based marketing. rp C. Whether opportunities exist to gain a location-based advantage. D. The risk of adverse shifts in currency. Question 7 Flag question Points out of 1.00 Not yet answered Cooperative agreements with foreign companies are a favorite potentially fruitful means of entering foreign markets or strengthening a firm's competitiveness in world markets. Which of the following is an example of this type of agreement? Select one: A. Transnational B. Multinational C.Strategic Alliance D. Multi-domestic partnership Question 8 Flag question Not yet answered Points out of 1.00 Which of the following is not one of the principal managerial tasks associated with strategy execution? Select one: A. Exerting the internal leadership needed to propel implementation forward. B. Fostering a corporate culture that promotes good strategy execution. C. Tying rewards directly to the achievement of performance activities. D. Allocating ample resources to marketing and product development. Question 9 Flag question Points out of 1.00 Not yet answered One of the strategy options for entering foreign markets is to license foreign firms to produce and distribute the company's products abroad. Select one: A. True B. False Question 10 Flag question Points out of 1.00 Not yet answered The ability to modify and reconfigure the company's existing resources and capabilities in response to its changing environment market opportunities is or referred to as. Select 1: Select one: A. A resource based view (RBV). B. The company's dynamic capabilities. C. A company's value chain activities. D. A benchmarking strategic approach Question 11 Flag question Not yet answered Points out of 1.00 Which of the following explains how horizontal mergers and acquisition strategies strengthens a company's strategic position? Select one: A. By allowing companies within the same product or service market to rapidly increase scale and horizontal scope. B. By reducing their costs and capitalizing on core competencies. C. Offering unique products to a broader marketplace, therefore reducing cost. D. By expanding a company's business unit resources and capabilities. Question 12 Flag question Not yet answered Points out of 1,00 A winning strategy must fit the company's external and internal situation, which of the following is not a test of a winning strategy: Select one: A. How well does the strategy fit the company's situation? B. Is the strategy helping the company achieve a sustainable competitive advantage? C. Does the business model fit the company's value proposition? D. Is the strategy producing good company performance?