Question 1

________ are multiple,plausible stories for probable futures.

Accepted Answer

The answer of ________ are multiple,plausible stories for probable futures....

Question 2

A ________________ tends to be used when a company simultaneously confronts pressures for cost-effectiveness and local adaptation.

Accepted Answer

The answer of A ________________ tends to be used when...

Question 3

Because strategic plans are fairly broad,________ (also called operational)plans are a requisite for spelling out in detail how the objectives will be reached.

Accepted Answer

The answer of Because strategic plans are fairly broad,________ (also...

Question 4

The primary value of ________________ efforts is not so much the strategic plans that are created but rather the transformation in strategic thinking that results from this activity.

Accepted Answer

The answer of The primary value of ________________ efforts is...

Question 5

Cultural practices that affect business,such as relationships in the procurement process,are not a part of any manual,nor can they be described in a series of action steps.They therefore represent an example of ________ knowledge.

Accepted Answer

The answer of Cultural practices that affect business,such as relationships...

Question 6

When the company faces relatively weak pressures for local responsiveness and cost reductions,a ________________ strategy is usually most appropriate.

Accepted Answer

The answer of When the company faces relatively weak pressures...

Question 7

A broad statement that defines the purpose for a company's existence,including its business,objectives,and approach for reaching those objectives is known as a ________ statement.

Accepted Answer

The answer of A broad statement that defines the purpose...

Question 8

One result of recent research on strategies of international companies is the suggestion that we think about applying international strategy on a __________ basis,rather than solely either globally or nation by nation.

Accepted Answer

The answer of One result of recent research on strategies...

Question 9

A description of the company's desired future position,of what it hopes to accomplish if it can acquire the necessary competencies and successfully implement its strategy is known as a ________ statement.

Accepted Answer

The answer of A description of the company's desired future...

Question 10

In dealing with high uncertainty and change,traditional strategic planning approaches based on extrapolation of historical conditions are of ________ value.

Accepted Answer

The answer of In dealing with high uncertainty and change,traditional...

Question 11

A ________________ tends to be used when a company simultaneously confronts pressures for cost-effectiveness and local adaptation.

Accepted Answer

The answer of A ________________ tends to be used when...

Question 12

Action plans to enable organizations to reach their objectives are known as ________________.

Accepted Answer

The answer of Action plans to enable organizations to reach...

Question 13

________________ are plans for the best- or worst-case scenarios or for critical events that could have a severe impact on the firm.

Accepted Answer

The answer of ________________ are plans for the best- or...

Question 14

According to the text,there may be a "threshold of ________" beyond which a multinational's performance declines,at least until the firm can develop competencies necessary for more globally dispersed operations.

Accepted Answer

The answer of According to the text,there may be a...

Question 15

Companies pursuing a ________________ strategy typically centralize product development functions in their home country and then transfer innovations to foreign markets in order to capture additional value.

Accepted Answer

The answer of Companies pursuing a ________________ strategy typically centralize...

Question 16

The deadly terrorist attacks on the World Trade Center in New York on September 11,2001,as well as the Fukushima Daiichi nuclear tragedy that occurred in Japan after an earthquake and tsunami in March 2011,reminded many organizations of the importance of developing ________________ to ensure the effective continuation of their operations in the event their headquarters or other key locations are attacked or otherwise incapacitated for a period of time.

Accepted Answer

The answer of The deadly terrorist attacks on the World...

Question 17

When developing and assessing strategic alternatives,it is important to remember that companies competing in international markets confront two opposing forces: reduction of ________ and adaptation to ________________.

Accepted Answer

The answer of When developing and assessing strategic alternatives,it is...

Question 18

________ direct the firm's course of action,maintain it within the boundaries of the stated mission and vision,and ensure its continuing existence.

Accepted Answer

The answer of ________ direct the firm's course of action,maintain...

Question 19

A ________ statement is intended to be a clear,concise description of the fundamental values,beliefs,and priorities expected of the organization's members,reflecting how they are to behave with each other and with the company's customers,suppliers,and other members of the global community.

Accepted Answer

The answer of A ________ statement is intended to be...

Question 20

A ________________ tends to be used when a company faces strong pressures for reducing costs and limited pressure to adapt products for local markets.

Accepted Answer

The answer of A ________________ tends to be used when...

Quiz 9: International Competitive Strategy

________ are multiple,plausible stories for probable futures.

A ________________ tends to be used when a company simultaneously confronts pressures for cost-effectiveness and local adaptation.

Because strategic plans are fairly broad,________ (also called operational)plans are a requisite for spelling out in detail how the objectives will be reached.

The primary value of ________________ efforts is not so much the strategic plans that are created but rather the transformation in strategic thinking that results from this activity.

Cultural practices that affect business,such as relationships in the procurement process,are not a part of any manual,nor can they be described in a series of action steps.They therefore represent an example of ________ knowledge.

When the company faces relatively weak pressures for local responsiveness and cost reductions,a ________________ strategy is usually most appropriate.

A broad statement that defines the purpose for a company's existence,including its business,objectives,and approach for reaching those objectives is known as a ________ statement.

One result of recent research on strategies of international companies is the suggestion that we think about applying international strategy on a __________ basis,rather than solely either globally or nation by nation.

A description of the company's desired future position,of what it hopes to accomplish if it can acquire the necessary competencies and successfully implement its strategy is known as a ________ statement.

In dealing with high uncertainty and change,traditional strategic planning approaches based on extrapolation of historical conditions are of ________ value.

A ________________ tends to be used when a company simultaneously confronts pressures for cost-effectiveness and local adaptation.

Action plans to enable organizations to reach their objectives are known as ________________.

________________ are plans for the best- or worst-case scenarios or for critical events that could have a severe impact on the firm.

According to the text,there may be a "threshold of ________" beyond which a multinational's performance declines,at least until the firm can develop competencies necessary for more globally dispersed operations.

Companies pursuing a ________________ strategy typically centralize product development functions in their home country and then transfer innovations to foreign markets in order to capture additional value.

When developing and assessing strategic alternatives,it is important to remember that companies competing in international markets confront two opposing forces: reduction of and adaptation to ________.

________ direct the firm's course of action,maintain it within the boundaries of the stated mission and vision,and ensure its continuing existence.

A ________ statement is intended to be a clear,concise description of the fundamental values,beliefs,and priorities expected of the organization's members,reflecting how they are to behave with each other and with the company's customers,suppliers,and other members of the global community.

A ________________ tends to be used when a company faces strong pressures for reducing costs and limited pressure to adapt products for local markets.