26 May 2. In which stage, market potential is limited to home country, with all production and marketing facilities located at home? a. Domestic b. International c. Global d. Multinational e. Stateless
Today’s companies compete in a ____.
| a. | growingly domestic economy |
| b. | low-context culture |
| c. | high-context culture |
| d. | Greenfield economy |
| e. | borderless world |
2. In which stage, market potential is limited to home country, with all production and marketing facilities located at home?
| a. | Domestic |
| b. | International |
| c. | Global |
| d. | Multinational |
| e. | Stateless |
3. In the ____ stage a company usually adopts a multidomestic approach.
| a. | Global |
| b. | Multinational |
| c. | Stateless |
| d. | International |
| e. | Domestic |
4. Global Dandelion, with explosion of international operations stage of developement, is participating at what stage of globalization in the international arena?
| a. | International stage |
| b. | Global stage |
| c. | Domestic stage |
| d. | Multinational stage |
| e. | Interdomestic stage |
5. Quality-cast Telecom with an export-oriented, multidomestic strategic orientation would be participating in what stage of the international arena?
| a. | Domestic stage |
| b. | International stage |
| c. | Multinational stage |
| d. | Global stage |
| e. | Binational stage |
6. The process of globalization typically passes through all of the following stages EXCEPT
| a. | domestic stage. |
| b. | global stage. |
| c. | international stage. |
| d. | interdomestic stage. |
| e. | multinational stage. |
7. Which of the following refers to engaging in the international division of labor so as to obtain the cheapest sources of labor and supplies regardless of country?
| a. | Franchising |
| b. | Licensing |
| c. | Market entry strategy |
| d. | Outsourcing |
| e. | Activity |
8. The Maquiladora industry along the Texas-Mexico border on the Mexico side uses cheap labor for assembling products. This lowers the price for U.S. consumers and is an example of
| a. | licensing. |
| b. | joint venture. |
| c. | outsourcing. |
| d. | franchising. |
| e. | none of these. |
9. Most firms begin with which strategy to enter foreign markets?
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