Deck 5: International Strategy in a Global Business Environment

Question 1

A company's strategy must be consistent with:

A)The bases of competitive advantage in its external industry environment.
B)The internal capabilities a company has, or could obtain, to make the strategy work.
C)Opportunities the company has versus those of its direct competitors.
D)The expectations of the company's most important customers.
E)All of the above.
F)Just (a) and (b) above.

Answer 1

E

Question 2

In Porter's five forces model, buyer power criteria for evaluation include:

A)Switching costs and government policies.
B)Price sensitivity and product differences.
C)Forward or backward integration.
D)Industry growth and exit barriers.
E)All of the above.

Answer 2

B

Question 3

In Porter's strategic analysis model, the purpose of competitive analysis is:

A)To identify the bases of competition in a particular industry.
B)To identify key success factors (KSFs) in a nation or culture.
C)To evaluate whether a company has the internal capabilities to make its strategy a success.
D)To identify competitive opportunities where a company is stronger on KSFs than its competitors.

Answer 3

D

Question 4

The difference between Japanese and Western (Porter) strategic analysis is that the Japanese form:

A)Adds an industry level of analysis.
B)Adds a company level of analysis.
C)Adds an individual strategist level of analysis.
D)Adds a situational level of analysis.

Question 5

The difference between Chinese and Western (Porter) strategic analysis is that Chinese strategies:

A)Are "direct" and based on "first strike" capability.
B)Are based on military models and analogies.
C)Are based on taking rapid actions that surprise their competitors.
D)Are based on avoiding confrontation and winning the peace.

Question 6

Jungian psychological theory has identified four styles of strategic problem-solving characteristic of all humans.The predominant style for the American, British, Canadian, Australian, and German national characters is:

A)Si (Introverted Sensing).
B)FI (Introverted Feeling).
C)Ti (Introverted Thinking).
D)Ni (Introverted iNtuiting).