Views on Globalization - ANS New, Evolutionary, and Pendulum
"New" view on globalization - ANS A force sweeping through the world in recent times.
"Evolutionary" view on globalization - ANS A long-run historical evolution since the dawn of human history
"Pendulum" view on globalizati...
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QUESTIONS WITH
LO
CORRECT VERIFIED
YC
ANSWERS A+ GRADED
D
U
ST
, Views on Globalization - ANS New, Evolutionary, and Pendulum
"New" view on globalization - ANS A force sweeping through the world in recent times.
"Evolutionary" view on globalization - ANS A long-run historical evolution since the
dawn of human history
"Pendulum" view on globalization - ANS One that swings from one extreme to another
from time to time
K
Foreign Direct Investment - ANS Direct investment in, control, and management of
value-added activities in other countries
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Political views on FDI - ANS Radical View, Free Market View, Pragmatic Nationalism
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Benefits to a country receiving FDI - ANS Capital Inflow, Technology Spillover,
Advanced Management Know-How, Job creation
Costs to a country receiving FDI - ANS Loss of Sovereignty, Adverse effects on
competition,
YC
Capital outflow.
How do resources and capabilities influence the competitive dynamics of a business? -
ANS Resource similarity and market commonality can yield a powerful framework for
competitor analysis.
D
Resource similarity - ANS The extent to which a given competitor possesses strategic
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endowment comparable, in terms of both type and amount, to those of the focal firm.
How does resource similarity impact competitive dynamics? - ANS Firms with a high
ST
degree are likely to have similar competitive actions. (Starbuck's instant coffee &
McDonald's iced coffee)
Classical theories of international trade - ANS Mercantilism, Absolute advantage, and
Comparative advantage
Modern theory view - ANS Dynamic
Classical theory view - ANS Static
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