FINALS: STRATEGY

Question 1

INDUSTRY STRUCTURE CHANGES BECAUSE OF EVENTS LIKE:

Answer 1

1. Competitor’smoves
2. Government policies
3. Changes in economics
4. Shifting buyer preferences
5. Technological developments
6. Rate of market growth

Question 2

Pressures for Global Integration

Answer 2

1. Globalization of Markets
2. Efficiency Gains of Standardization

Question 3

Pressures for Local Responsivenes

Answer 3

1. Consumer Divergence
2. Host Government Policies

Question 4

It views the world as a single market, controlling global operations fron head quarters to persevere focus on standardization

Answer 4

Global (Strategy)

Question 5

Flexible value chain enables local responsiveness

Answer 5

Transnational (Strategy)

Question 6

Use existing core competence to exploit opportunities in foreign exchange

Answer 6

International (Strategy)

Question 7

Foreign subsidiaries operate in autonomous units to customize products and processes to local market needs

Answer 7

Multidomestic (Strategy)