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BMAL 590 Global Dimensions of Business Exam Test with Verified Answers

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BMAL 590 Global Dimensions of Business Exam Test with Verified Answers 1. Overall, strategy is None of the above 2. Much of our knowledge about "the firm" is from re- search on firms in 3. The word has now become the most famous Chinese business word to appear English-language media and means...

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  • August 2, 2024
  • 6
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • BMAL 590 Global Dimensions of Business
  • BMAL 590 Global Dimensions of Business
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BMAL 590 Global Dimensions of Business Exam Test with Verified Answers

1. Overall, strategy is None of the above

2. Much of our knowledge about "the firm" is from re- Anglo-American
search on firms in capitalism

3. The word has now become the most famous Guanxi
Chinese business word to appear English-language
media and means interpersonal networks

4. "Global Strategy" refers to All of the above

5. Global strategies have reached new levels of signifi- Terrorist at-
cance because of three defining events: tacks, anti-glob-
alization protests,
and corporate cri-
sis in Asia and the
U.S.

6. A SWOT analysis entails a firm's assessment of Strengths, weak-
nesses, opportuni-
ties, and threats

7. At the dawn of the 21st century, had sig- All of the above
nificant ramifications for companies and strategists
around the world

8. Knowing the concepts and components of global All of the above
strategy will

9. What is the best view of the concept of globalization? All of the above

10. What are the three "legs" of the strategy tripod that Industry-based
ensure a strategy impacts performance? competition,
firm-specific
resources and
capabilities, and
institutional
conditions and
transitions

1/6

, 11. In developing a strategy regarding competition or co- "Look back, rea-
operation, it would be useful to not son ahead"

12. "The extent to which a given competitor possesses Resources
strategic endowment comparable, in terms of both
type and amount, to those of the focal firm" refers to
similarity of

13. Which is not true concerning U.S. anti-trust policy The legal stan-
today? dards for inter-firm
cooperation are no
longer ambiguous
in the U.S.

14. Dumping is defined as An exporter selling
below cost abroad
and planning to
raise prices after
eliminating local ri-
vals

15. In some industries where pressures for globalization Extender
are relatively low, local firms may possess some skills
and assets that are transferable overseas, thus lead-
ing to a/an strategy

16. The main types of attack include All of the above

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

18. Which of the following is not a legal means of signal- Direct discussion
ing? of reduced rivalry
with competitors

19. Which is true of strategy? All of the above

20. The three drives of counterattacks do not include Vengeance

21.
2/6

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