BCOR 2202 FINAL EXAM QUESTIONS AND CORRECT ANSWERS (100% GUARANTTED PASS)
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BCOR 2202
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BCOR 2202
BCOR 2202 FINAL EXAM QUESTIONS AND CORRECT ANSWERS (100% GUARANTTED PASS)
What are the different international strategies? - Answer-Global, Multi-Domestic, Levels of Investment
How does each international strategy differ? - Answer-In terms of global integration and local responsiveness
Wha...
bcor 2202 final exam questions and correct answers
what are the different international strategies
how does each international strategy differ
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BCOR 2202
BCOR 2202
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BCOR 2202 FINAL EXAM QUESTIONS
AND CORRECT ANSWERS (100%
GUARANTTED PASS)
What are the different international strategies? - Answer-Global, Multi-Domestic, Levels
of Investment
How does each international strategy differ? - Answer-In terms of global integration and
local responsiveness
What is the purpose of international strategies? - Answer-To expand operations and
compete in global markets
What factors influence the choice of international strategy? - Answer-Market conditions,
competitive landscape, and organizational capabilities
What is global strategy? - Answer-Standardized products and centralized decision-
making for global markets
What is multi-domestic strategy? - Answer-Adaptation to local markets with
decentralized decision-making
What is the level of investment strategy? - Answer-Determining the extent of financial
commitment in foreign markets
What are the benefits of global strategy? - Answer-Economies of scale, global brand
recognition, and cost efficiency
What are the benefits of multi-domestic strategy? - Answer-Local market adaptation,
customer satisfaction, and cultural sensitivity
What are the risks of global strategy? - Answer-Lack of local market understanding,
cultural barriers, and political risks
What are the risks of multi-domestic strategy? - Answer-Higher costs due to
customization, coordination challenges, and lack of global consistency
What is growth strategy? - Answer-Expanding operations and increasing market share
, What is stability strategy? - Answer-Maintaining current operations and market position
What is renewal strategy? - Answer-Revitalizing the organization through restructuring
or innovation
What factors influence the choice of corporate-level strategy? - Answer-Industry
dynamics, organizational resources, and competitive advantage
How does growth strategy contribute to organizational success? - Answer-Increased
revenue, market dominance, and economies of scale
How does stability strategy contribute to organizational success? - Answer-Consistent
performance, operational efficiency, and customer loyalty
How does renewal strategy contribute to organizational success? - Answer-Adaptation
to changing market conditions, innovation, and competitive advantage
What is the purpose of SWOT analysis? - Answer-To assess internal strengths,
weaknesses, and external opportunities, threats
How can organizations leverage their strengths identified in SWOT analysis? - Answer-
By capitalizing on core competencies and competitive advantages
How can organizations address their weaknesses identified in SWOT analysis? -
Answer-Through strategic initiatives, resource allocation, and capability development
What are some challenges associated with diversity in business? - Answer-Challenges
include communication barriers, unconscious bias, and resistance to change.
How can organizations address diversity challenges? - Answer-By promoting inclusivity,
providing diversity training, and implementing policies to prevent discrimination.
What are the potential benefits of managing diversity effectively? - Answer-Benefits
include increased innovation, improved decision-making, and enhanced employee
morale and productivity.
How can organizations create an inclusive work environment? - Answer-By fostering a
culture of respect, promoting diversity in leadership positions, and implementing
diversity and inclusion initiatives.
What is unconscious bias and how does it impact diversity? - Answer-Unconscious bias
refers to the automatic and unintentional stereotypes or prejudices that influence our
decisions. It can hinder diversity efforts by leading to unfair treatment and exclusion.
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