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BMAL 590 Global Dimensions of Business Exam Questions and Answers 100% Pass
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BMAL 590 Global Dimensions of Business Exam Questions and Answers 100% Pass Overall, strategy is - None of the above Much of our knowledge about "the firm" is from research on firms in - Anglo-American capitalism The word ________ has now become the most famous Chinese business word to appear ...

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  • December 31, 2024
  • 9
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

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  • bmal 590 global dimensions of business exam questi

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BMAL 590 Global Dimensions of
Business Exam Questions and Answers
100% Pass

Overall, strategy is - ✔✔None of the above


Much of our knowledge about "the firm" is from research on firms in - ✔✔Anglo-American capitalism


The word ________ has now become the most famous Chinese business word to appear English-language

media and means interpersonal networks - ✔✔Guanxi


"Global Strategy" refers to - ✔✔All of the above


Global strategies have reached new levels of significance because of three defining events: - ✔✔Terrorist

attacks, anti-globalization protests, and corporate crisis in Asia and the U.S.


A SWOT analysis entails a firm's assessment of ________ - ✔✔Strengths, weaknesses, opportunities, and

threats


At the dawn of the 21st century, ________ had significant ramifications for companies and strategists

around the world - ✔✔Corporate governance crisis


Knowing the concepts and components of global strategy will - ✔✔All of the above


What is the best view of the concept of globalization? - ✔✔All of the above




Author. Katelyn Whitman, ©2025 All Rights Reserved.

, 2|Page


What are the three "legs" of the strategy tripod that ensure a strategy impacts performance? -

✔✔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 - ✔✔"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 - ✔✔Resources


Which is not true concerning U.S. anti-trust policy today? - ✔✔The legal standards for inter-firm

cooperation are no longer ambiguous in the U.S.


Dumping is defined as - ✔✔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 - ✔✔Extender


The main types of attack observed in the market include - ✔✔Thrust, feint and gambit


Which of the following would not be considered an initial set of actions to gain competitive advantage -

✔✔Counterattacks


The differences in formal and informal institutions that govern the rules of the game in different countries

include ________ differences - ✔✔All of the above


Which is true of relatedness? - ✔✔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: - ✔✔Less complicated

information systems



Author. Katelyn Whitman, ©2025 All Rights Reserved.

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