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BMAL 590 Global Dimensions of Business questions with verified answers
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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
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