Test Bank for Global Strategy, 5th Edition by Mike Peng. ISBN-13: 2364
Full Chapters test bank included
Global Literacy Pre-Course Assessment.
PART I: FOUNDATIONS OF GLOBAL STRATEGY.
Strategizing Around the Globe.
Managing Industry Competition.
Leveraging Resources and Capabilities.
Emp...
Indicate whether the statement is true or false.
1. The resource-based view suggests that firm-specific capabilities that differentiate successful companies from
floundering ones.
a. True
b. False
2. A multinational enterprise rarely engages in foreign direct investment.
a. True
b. False
3. The need for face masks as a result of the 2020 coronavirus outbreak demonstrated how industries that were
once thought insignificant can quickly be designated as "strategic."
a. True
b. False
4. During the second half of the twentieth century, Hong Kong, Singapore, South Korea, and Taiwan, refused to
participate in the global economy and became known as the “Four Toothless Tigers.”
a. True
b. False
5. It is advantageous for an industry to be designated "strategic," as that often means it can qualify for government
subsidies and bailouts.
a. True
b. False
6. The industry-based view posits that the degree of competitiveness in an industry largely determines firm
performance.
a. True
b. False
7. Researchers are not sure why firms in emerging economies seem to suffer from lower-quality management and
how they can catch up.
a. True
b. False
8. A SWOT analysis resonates well with Sun Tzu’s teachings.
a. True
b. False
9. A strategy tripod represents a comprehensive view of strategy consisting of three leading perspectives.
a. True
b. False
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