Question 1

Johnson & Johnson delegates to its subsidiaries a great deal of authority to respond to local conditions.Many subsidiaries have their own manufacturing, marketing, research, and human resource functions.This value chain configuration illustrates the ________ strategy.

Accepted Answer

A)  transnational
B)  global
C)  localization
D)  international

Question 2

Discuss the characteristics of international, localization, global, and transnational strategies.Include situations and a specific example in which each strategy would be most appropriate.

Accepted Answer

a.International strategy: Companies adop...

Question 3

A useful way to understanding the purpose of strategy is to think of the firm as a(n) ________, composed of a series of distinct activities, including production, marketing, materials management, R&D, human resources, information systems, and the firm infrastructure.

Accepted Answer

A)  activity network
B)  value constellation
C)  task succession
D)  value chain

Question 4

Micro-multinationals are firms that globalize immediately and enter countries with numerous customers, productive workers, and attractive industries.

Accepted Answer

A) True 
 B)False

Question 5

The industry organization (IO) paradigm reports that, on average, the BEST predictor of firm strategy is the ________.

Accepted Answer

A)  company's stockpile of assets, skills, and capabilities
B)  aggressiveness of a company's marketing objectives
C)  link between a company's products and processes
D)  structure of the industry in which it competes

Question 6

What is the difference between primary and secondary activities in the value chain? Describe the functions of configuration and coordination in these value activities.

Accepted Answer

A value chain has primary and secondary ...

Exam 12: The Strategy of International Business

A useful way to understanding the purpose of strategy is to think of the firm as a(n) ________, composed of a series of distinct activities, including production, marketing, materials management, R&D, human resources, information systems, and the firm infrastructure.

Correct Answer
verified

Johnson & Johnson delegates to its subsidiaries a great deal of authority to respond to local conditions.Many subsidiaries have their own manufacturing, marketing, research, and human resource functions.This value chain configuration illustrates the ________ strategy.

Correct Answer
verified

The industry organization (IO) paradigm reports that, on average, the BEST predictor of firm strategy is the ________.

Correct Answer
verified

Micro-multinationals are firms that globalize immediately and enter countries with numerous customers, productive workers, and attractive industries.

Correct Answer
verified

Discuss the characteristics of international, localization, global, and transnational strategies.Include situations and a specific example in which each strategy would be most appropriate.

Correct Answer
verified
a.International strategy: Companies adop...
View Answer

What is the difference between primary and secondary activities in the value chain? Describe the functions of configuration and coordination in these value activities.

Correct Answer
verified
A value chain has primary and secondary ...
View Answer

Exam 12: The Strategy of International Business

A useful way to understanding the purpose of strategy is to think of the firm as a(n) ________, composed of a series of distinct activities, including production, marketing, materials management, R&D, human resources, information systems, and the firm infrastructure.

Correct AnswerverifiedShow Answer

Johnson & Johnson delegates to its subsidiaries a great deal of authority to respond to local conditions.Many subsidiaries have their own manufacturing, marketing, research, and human resource functions.This value chain configuration illustrates the ________ strategy.

Correct AnswerverifiedShow Answer

The industry organization (IO) paradigm reports that, on average, the BEST predictor of firm strategy is the ________.

Correct AnswerverifiedShow Answer

Micro-multinationals are firms that globalize immediately and enter countries with numerous customers, productive workers, and attractive industries.

Correct AnswerverifiedShow Answer

Discuss the characteristics of international, localization, global, and transnational strategies.Include situations and a specific example in which each strategy would be most appropriate.

Correct Answerverifieda.International strategy: Companies adop...View AnswerShow Answer

What is the difference between primary and secondary activities in the value chain? Describe the functions of configuration and coordination in these value activities.

Correct AnswerverifiedA value chain has primary and secondary ...View AnswerShow Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
a.International strategy: Companies adop...
View Answer

Correct Answer
verified
A value chain has primary and secondary ...
View Answer