Multiple Choice
Identify the
choice that best completes the statement or answers the question.
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1.
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Lower taxes and duties are a key benefits of ___________
a. | Economies of scale | b. | Sustainable competitive
advantage | c. | Global sourcing | d. | Collaboration | e. | Globalisation |
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2.
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On the international competitive posture matrix, a high level of product
strength and a low level of geographic coverage would indicate a ______
a. | King | b. | Baron | c. | Duke | d. | Adventurer | e. | Commoner |
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3.
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Which of the following would be the easiest to standardise?
a. | Sales force | b. | Strategy | c. | Product | d. | Distribution | e. | Objectives |
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4.
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Which of the following would be the most difficult to standardise?
a. | Sales force | b. | Strategy | c. | Product | d. | Distribution | e. | Objectives |
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5.
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Which of the following are globalisation pull factors?
a. | Globalisation of markets | b. | Globalisation of
competitors | c. | Marketing standardisation and the globalisation of industries | d. | Globalisation of
markets and marketing standardisation | e. | Globalisation of competitors and globalisation
of industries |
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6.
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Which of the following is one of the ‘hardware’ elements of
McKinsey’s 7S framework?
a. | Structure | b. | Staff | c. | Shared
values | d. | Skills | e. | Management
style |
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7.
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Which of the following is not one of the strategic management level functions of
a firm?
a. | Identify stakeholder requirements | b. | Control international marketing
planning | c. | Evaluate global opportunities | d. | Control corporate
performance | e. | Organise the business structure |
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8.
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What type of organisational structure is typified by no attempt being made by
the centre to develop strategies for the individual SBUs which are likely to be international
businesses in their own right?
a. | Macropyramid | b. | Micropyramid | c. | Umbrella | d. | Interglomerate | e. | Interactive |
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9.
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What are the essential elements of the control process?
a. | Staffing, training and commitment | b. | Setting standards, measuring performance and
correcting deviations | c. | Setting standards, communicating standards and
monitoring performance | d. | Training, standards and
review | e. | Patience, perseverance and people |
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10.
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Which of the following is not shared in a joint venture?
a. | Assets | b. | Profits | c. | Risks | d. | Competition sunk
costs |
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