MGT 302

MGT 302 CHAPTER 13 QUIZ 1. Profitability is calculated by dividing the total sales of the firm by total invested capital. 2. Firms usually respond to pressures for cost reduction by trying to 3. Firms that pursue a transnational strategy are trying to simultaneously do many things. Which of the following is one of those things? 4. Responding to pressures to be locally responsive requires a firm to standardize its products. 5. Which of the following is true about core compete...

MGT 302 CHAPTER 15 QUIZ 1. A firm that enters into a joint venture with another company reserves the right to keep control of its own technology. 2. Which of the following is an advantage of turnkey contracts? 3. A firm can rapidly build its presence in the target foreign market through acquisitions. 4. In a turnkey project, the contractor agrees to handle every detail of the project for a foreign client. 5. Access to local partner’s knowledge and shared development costs and ...