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Prep Course Hero uses AI to attempt to automatically extract content from documents to surface to you and others so you can study better, e.g., in search results, to enrich docs, and more. This preview shows page 144 - 146 out of 222 pages. 48. Which of the following statements is true of an international strategy?A.It enables firms to leverage their home-based core competencies in foreignmarkets.B. It is advantageous when firms face high pressures for both local responsivenessand cost reductions.C. It relies on joint ventures to reap economies of scale by accessing a largermarket.D. It effectively protects a firm from exchange rate fluctuations.49. Which of the following is a drawback faced by multinational enterprises (MNEs)pursuing an international strategy?A. They cannot leverage their home-based core competencies in foreign markets.B.They are highly affected by exchange ratefluctuations.C. They have to be highly responsive to local needs and preferences.D. They cannot reap the benefits of economies of scale due to their highlycustomized products. We have textbook solutions for you! The document you are viewing contains questions related to this textbook. Strategic Management: Concepts and Cases: Competitiveness and Globalization Hitt/Ireland
50. Multinational enterprises (MNEs) like Harley-Davidson, Rolex, and Starbucks aresaid to be following an international strategy because:A. they pursue a cost-leadership strategy in their respective industries.B. they are highly responsive to the local needs and preferences of customers in thehost countries.C.they offer the same products or services in all their stores throughout theworld.D. they attempt to combine benefits of localization and standardization strategiessimultaneously.51. In which of the following situations is pursuing an international strategy advisable?A. When a firm manufactures products related to national and religiousidentityB. When a firm operates in an industry where the pressure to keep the costs low isextremely highC. When a firm wants to be perceived as a domestic company by the host countryconsumersD.When a firm enjoys a large domestic market, strong reputation, and brandname52. A multinational enterprise (MNE) is said to be pursuing a multidomestic strategywhen it:A. is pursued in response to low pressure for local responsiveness and low pressurefor cost reduction.B. attempts to reap significant economies of scale by pursuing a global division oflabor based on wherever best-of-class capabilities reside at the lowest cost.C.attempts to maximize local responsiveness, hoping that the host countryconsumers will perceive it to be a local company.D. operates on the assumptions made in the globalization hypothesis in order tolower costs. Upload your study docs or become a Course Hero member to access this document Upload your study docs or become a Course Hero member to access this document End of preview. Want to read all 222 pages? Upload your study docs or become a Course Hero member to access this document Tags d, Economics of production, Learning curve, B, Experience curve effects, Returns to scale We have textbook solutions for you!The document you are viewing contains questions related to this textbook. The document you are viewing contains questions related to this textbook. Strategic Management: Concepts and Cases: Competitiveness and Globalization Hitt/Ireland Expert Verified Newly Uploaded DocumentsNewly Uploaded Documents |
In which of the following situations is pursuing an international strategy advisable
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