Exam (elaborations)
BMAL 590 Global Dimensions of Business questions with verified answers
- Course
- Institution
BMAL 590 Global Dimensions of Business questions with verified answers
[Show more]
Content preview
BMAL 590 Global Dimensions ofBusiness
Overall, strategy is - correct answer ✔✔None of the above
Much of our knowledge about "the firm" is from research on firms in - correct answer ✔✔Anglo-
American capitalism
The word ________ has now become the most famous Chinese business word to appear English-
language media and means interpersonal networks - correct answer ✔✔Guanxi
"Global Strategy" refers to - correct answer ✔✔All of the above
Global strategies have reached new levels of significance because of three defining events: - correct
answer ✔✔Terrorist attacks, anti-globalization protests, and corporate crisis in Asia and the U.S.
A SWOT analysis entails a firm's assessment of ________ - correct answer ✔✔Strengths, weaknesses,
opportunities, and threats
At the dawn of the 21st century, ________ had significant ramifications for companies and strategists
around the world - correct answer ✔✔Corporate governance crisis
Knowing the concepts and components of global strategy will - correct answer ✔✔All of the above
What is the best view of the concept of globalization? - correct answer ✔✔All of the above
What are the three "legs" of the strategy tripod that ensure a strategy impacts performance? - correct
answer ✔✔Industry-based competition, firm-specific resources and capabilities, and institutional
conditions and transitions
, In developing a strategy regarding competition or cooperation, it would be useful to not - correct answer
✔✔"Look back, reason ahead"
"The extent to which a given competitor possesses strategic endowment comparable, in terms of both
type and amount, to those of the focal firm" refers to similarity of - correct answer ✔✔Resources
Which is not true concerning U.S. anti-trust policy today? - correct answer ✔✔The legal standards for
inter-firm cooperation are no longer ambiguous in the U.S.
Dumping is defined as - correct answer ✔✔An exporter selling below cost abroad and planning to raise
prices after eliminating local rivals
In some industries where pressures for globalization are relatively low, local firms may possess some
skills and assets that are transferable overseas, thus leading to a/an ________ strategy - correct answer
✔✔Extender
The main types of attack observed in the market include - correct answer ✔✔Thrust, feint and gambit
Which of the following would not be considered an initial set of actions to gain competitive advantage -
correct answer ✔✔Counterattacks
The differences in formal and informal institutions that govern the rules of the game in different
countries include ________ differences - correct answer ✔✔All of the above
Which is true of relatedness? - correct answer ✔✔Relatedness can be a common underlying dominant
logic that connects various businesses in a diversified firm
At its core, diversification is essentially driven by all of the following except: - correct answer ✔✔Less
complicated information systems
Large-scale entries do which of the following? - correct answer ✔✔All of the above
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller BravelRadon. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $14.99. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
67096 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now