today outsourcing efforts are confined to manuf activities correct answers false
moore's law predicts that every 18 months the power of microprocessor tech decreases while its cost of prod increases correct answers FALSE. cost of microprocessors continues to fall while their power increases (p...
today outsourcing efforts are confined to manuf activities correct
answers false
moore's law predicts that every 18 months the power of microprocessor tech
decreases
while its cost of prod increases correct answers FALSE. cost of
microprocessors
continues to fall while their power increases (phenomenon known as moores
law which
predicts power of micropro tech doubles and cost of prod falls in half
every 18 mths)
containerization has revolutionized the transportation business,
significantly
the lowering goods over long distances correct answers true;
costs of shipping
simplifies
transshipment from one mode of transport to
another
a concern voiced by critics of globalization is that today's increasingly
interdependent
global economy shifts econ power toward correct answers
supranational
WTO, EU and orgs like
UN
foreign direct investment FDI occurs when a firm invests resources in
bus activities
outside its home country correct
answers true
firm has to become multinational enterprise to engage in intl bus correct
answers false
NAFTA was formed in 1994 among correct answers canada
mexico us
What are mini-multinationals? correct answers Medium-sized and small
multinationals
What is the shift toward a more integrated and interdependent world
economy
correct answers
called?
globalization
As a result of Globalization we have been moving toward a world in
which national
econs are relatively self-contained entities correct
answers false
in recent years the economies of the world's nation-states have become less
as a result of intl trade correct answers
intertwined
false
as a result of globaliz companies rarely need to customize mkting
strategies,
features, prod
and op pracs in diff countries correct
answers false
the lowering of trade and investment barriers allows firms to base prod at
the optimal
location for that activity correct
answers true
one result of the uruguay round was the creation of the UN. correct
answers round
uruguay FALSE.further reduced traded barriers, extended GATT to cover
services as
, well as manuf good, provided enhanced protection for patents, TMs, and
copyrights,
and established WTO to police intl trading
system
Firms that pursue a(n) strategy compete for market share on a
country-by-
country basis and vary their product or service offerings to meet the
demands
local of the
market. correct answers
international
which is a support activity in operations of firm correct answers
creation and of info
maintenance
systems
Managing an alliance successfully requires building interpersonal
relationships
the betweenThis is sometimes referred to as . correct answers
firms' managers.
relational
capit
al
strategies that increase profitability can also expand a firm's business and
thus
to enable
attain it
a higher rate of profit growth correct
answers true
the value creation activities of a firm are categorized as correct answers
primary and
support
activities
Typically, the price a firm charges for a good or service is: correct answers
less value
the than placed on that good or service by the
customer
strategic alliances allow firms to share the fixed costs of dev new prods or
processes
correct answers
true
which is primary acctivity in operations correct answers research and
dev,
sales,mkt and
prod, and customer
service
appropriateness of the strategy that a firm chooses to use in intl mkt varies
w the
of pressures
extent for correct answers cost reductions and local
responsiveness
4 strategies correct answers global standardization, transnational,
localization, and
internation
al
the two phenomena that help explain the experience curve are
correct answers
learning effects and economies of scale. learning effects refer to cost savings
that come
from learning by doing, econs of scale refer to reductions in unit cost
achieved
large by prod
volume of a a
prod
actions that mgrs take to attain goals of firm are strategy correct
answers true
maintaining company infrastructure is a support activityq correct answers
true,structure,
org includes control systems and culture
of firm
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