What does the institutional-based view focus on? - ANSGovernment and societal forces
Global strategies have reached new levels of significance because of what three defining
events? - ANSTerrorist attacks, anti-globalization, and corporate crisis in the U.S. and Asia
At the dawn of the 21st century, had significant ramifications for companies and strategists
around the world. - ANScorporate governance crisis
What are the three "legs" of the strategy tripod that ensure a strategy impacts performance?
- ANSIndustry-based competition, firm-specific resources and capabilities, and institutional
conditions and transitions.
Managing global competitive dynamics comes down to - ANShow industry-, resource-, and
institution-based considerations influence their competitive/cooperative actions
What is industry-based strategy concerned with? - ANSThe inter-firm rivalry when engaging
in strategic actions
What are the main types of attacks observed in the market? - ANSThrust, feint, and gambit
Which of the following would not be considered an initial set of actions to gain competitive
advantage? - ANScounterattacks
Which of the following is not a legal means of signaling? - ANSDirect discussion of reduced
rivalry with competitors
Home replication strategy, also known as emphasizes the international replication of the
home country-based competencies - ANS"export strategy"
Localization (multi-domestic) strategy is an extension of the and focuses on a number of
foreign countries/regions - ANShome replication strategy
The international division structure is typically set up when firms initially expand abroad, and
is often engaged in which type of strategy? - ANSHome replication strategy
The geographic area structure is typically set up when firms initially expand abroad, and is
often engaged in which type of strategy? - ANSmulti-domestic strategy
Which structure is used to supply customers (often other MNEs) in a coordinated and
consistent way across various countries? - ANSGlobal account structure
As firms expand into more countries, they should recognize that - ANSforeign firms primarily
deploy overwhelming resources and capabilities that offset the liability of foreigness