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Exam 14: International Strategy

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Question 31

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In the context of choosing an international strategy,which of the following is a difference between a multidomestic strategy and a meganational strategy?

A) Unlike a multidomestic strategy,a meganational strategy helps a company pursue a cost-leadership strategy at the local level.
B) Unlike a meganational strategy,a multidomestic strategy emphasizes local responsiveness over global integration.
C) Unlike a meganational strategy,a multidomestic strategy promotes knowledge flow throughout an organization,regardless of where the ideas originate.
D) Unlike a multidomestic strategy,a meganational strategy simultaneously offers the benefits of both global and local advantages.

E) All of the above
F) A) and C)

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Question 32

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In the context of choosing an international strategy,identify a difference between a multidomestic strategy and a meganational strategy?

A) Unlike a multidomestic strategy,a meganational strategy helps a company pursue a cost-leadership strategy at the local level.
B) Unlike a multidomestic strategy,a meganational strategy simultaneously offers the benefits of both global and local advantages.
C) Unlike a multidomestic strategy,a meganational strategy requires that companies exploit location economies.
D) Unlike a multidomestic strategy,a meganational strategy requires that companies respond to differentiated needs of customers in each of the countries where they operate.

E) All of the above
F) A) and B)

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Question 33

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ABC Corp.functions by creating products for a world market.It manufactures products on a global scale in a few highly efficient plants and then markets them through a few key distribution channels.Which of the following strategies is being followed by ABC Corp.in this scenario?

Lionshash Inc.wants to localize its brand in various countries.Before entering the Keonesse market,Lionshash promotes Fred,who grew up in Keon and has also worked with Lionshash for almost a decade.In this scenario,Fred will be beneficial for Lionshash as he would have a better sense of _____.

In the context of the value chain functions,which of the following functions ensures that a company has employees with the right mix of skills who are adequately trained,motivated,and compensated to perform their value creation tasks by following the organization's strategy and creating value?

In the context of strategic positioning,which of the following is a difference between low-cost leadership and a differentiation strategy?

LiveUp,a leading health drink manufacturer,has highly standardized both its health drink formula and its advertising themes across markets.The company has made its product known in a consistent manner across the world.In this scenario,LiveUp is following the process of _____.

HotPizzeria distinguished itself from other pizza places in the city by emphasizing the use of freshly made cheese in their pizzas instead of using processed cheese like their competitors.Although HotPizzeria priced its pizzas at a higher rate when compared with its competitors,its sales increased at a rapid rate.In the context of strategy,this scenario emphasizes the use of a _____.

Which of the following is an international strategy where companies fail to compromise between being global and being local and aim to be both simultaneously?

Griohart Fashions follows a meganational strategy.It sells the same pattern of designer clothing throughout the world.Which of the following statements is true of Griohart Fashions in this scenario?

Carvo Fashions,a leading designer and manufacturer of scarfs and stoles,conducts a thorough study of the cultural and fashion trends of a nation before marketing its items.It incorporates local patterns in each of its items so that it matches the culture of that nation.In this scenario,which of the following statements is true of the multidomestic strategy that Carvo has chosen?

Imagine Nevaan Fashions is one of the global fashion leaders based in Lisdon.Designers at Nevaan have the key responsibility of attending various international fashion shows.Nevaan's designers then replicate the designs displayed at these fashion shows by developing and marketing these designs in their stores around the world before any of its competitors.In the context of strategic positioning,this scenario exemplifies a(n) _____.

Protran Systems encourages its foreign subsidiaries to come up with and share innovative new ideas.Protran products that were originally developed for the local market were reintroduced into the global market.It allowed for the flow of information across borders regardless of where the ideas originated.Which of the following strategies is being followed by Protran Systems in this scenario?

In the context of strategy,growth occurs when a company is able to:

Oport Shoes,a leading shoe manufacturer based in the country of Hrussia,avoids adaptation and sells similar shoes all over the world.In the context of choosing an international strategy,Oport Shoes has chosen a(n) _____.

MoonLit Foods is a global supplier of ready-to-eat snacks.Although it has a variety of eatables,it has always chosen to tailor its products to the needs and preferences of customers in each of the countries in which it operates.In the context of choosing an international strategy,which of the following strategies has MoonLit adopted in this scenario?

In the context of strategies,which of the following is a difference between value creation and value capture?

In the context of choosing an international strategy,identify a difference between a meganational strategy and a transnational strategy.

Gamea Tech.wishes to develop products that are unique so that it can persuade customers to pay more for it.In this scenario,Gamea Tech is following a _____.