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GMS 522 Chapter 7 Exam Questions with Correct Answers $8.49   Add to cart

Exam (elaborations)

GMS 522 Chapter 7 Exam Questions with Correct Answers

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  • Course
  • GMS522
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  • GMS522

Motivation - Answer-proactive - take advantage of opportunities, reactive - little choice/forced Theories of internationalization - Answer-Uppsala, Dunning's OLI, Springboard/latecomer Uppsala model - Answer-experiential knowledge main driver (close physical- Criticized: Linear approach - fir...

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  • September 9, 2024
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  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • GMS522
  • GMS522
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GMS 522 Chapter 7 Exam Questions
with Correct Answers
Motivation - Answer-proactive - take advantage of opportunities, reactive - little
choice/forced

Theories of internationalization - Answer-Uppsala, Dunning's OLI,
Springboard/latecomer

Uppsala model - Answer-experiential knowledge main driver (close physical- Criticized:
Linear approach - firms skips stages, ignore born-Global

Dunning's OLI framework - Answer-capitalize on ownership, location, firm-specific
advantage

Springboard/latecomer - Answer-MNCs in emerging markets (overcome home
limitations)

Country selection - Issues - Answer-market potential, entry mode, firm's capabilities

Country selection - Systematic market selection - Answer-formal planning, market
research, entry modes,
contingency plans, setting long term objectives) - firms do not

Country selection - Considerations - Answer-cultural distance - physic distance,
geographic distance

Country selection - Answer-Transplanted to culturally similar country (if successful in
one country)

Country selection - Steps - Answer-macro-segmentation, preliminary / secondary
screening, final selection

Country selection - macro-segmentation - Answer-development & segmentation to both
countries (cluster)- Actionable & measurable, homogenous-in, heterogeneous-
inbetween

Country selection - preliminary screening - Answer-rate & reduce candidate countries
(GDP growth, Pop, Income PC)

Country selection -secondary screening - Answer-consider own resources, capabilities,
comp adv (outsiders/consults)
- Marketing abil, product qual & fit, financials, image, support, tech

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