12 Jul MGMT 4370CHAPTER 7 EXERCISESQuestion #1Does your c
MGMT 4370CHAPTER 7 EXERCISESQuestion #1Does your company complete in a world market arena characterized by multi-country competition or global competition? Explain why.Question #2Which of the strategy options for competing in global markets discussed in this chapter is your company employing?Question #3Which one of the following best describes the strategic approach your company is taking to compete successfully in the 4 geographic regions comprising the global athletic footwear market? Think local, act local Think global, act global Think global, act local Explain your answerThen indicate two or three chief elements that characterize your company’s strategic approach to competing in each of the four geographic regions: North America, Latin America, the Asia-Pacific region, and Europe-Africa.Question #4Is it your company’s practice to ignore exchange rate changes or to adapt your strategy and decisions toCapitalize on favorable exchange rate changes (especially if the change is large) andTo minimize the adverse impact of unfavorable exchange rate changes?Identify at least two specific actions that your company can take to lessen the impact of unfavorable exchange rate changes on our company’s financial performance?Question #5In what specific ways, if any, have you and your co-managers adapted your company’s strategy to consider geographic differences in import tariffs?
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