The decision to outsource business operations to rapidly developing economies is affected by which of the following sets of factors?
A) Economic.
B) Competitive.
C) Environmental.
D) All of the answer choices
E) Both economic and competitive.
Question 2Companies can use capabilities advantages to:
A) improve research and development.
B) address unmet customer needs.
C) further standardize products in the home country.
D) All of the answer choices.
E) both improve research and development and address unmet customer needs.
Question 3The hidden costs in operating in rapidly developing economies include which of the following?
A) One-time setup costs.
B) Risk management costs.
C) Exit costs.
D) All of the answer choices
E) Both one-time setup costs and risk management costs.
Question 4A firm that includes rapidly developing economies (RDEs) in their global cost structures can realize savings of _____ in the landed costs of their products.
A) 0 to 20 percent
B) 20 to 40 percent
C) 40 to 60 percent
D) 60 to 80 percent
Question 5Firms that quickly and intelligently seize global opportunities can secure which of the following forms of competitive advantage?
A) Cost advantage.
B) Market access advantage.
C) Capabilities advantage.
D) All of the answer choices.
E) Both cost advantage and market access advantage.
Question 6Rather than modifying the firm's product offerings from country to country, ____ strategy requires a patient, long-term campaign to enter every significant foreign market while maintaining and leveraging the company's unique strategic position.
A) a global
B) an exporting
C) a joint venture
D) a licensing
Question 7In high-risk markets, firms can reduce their equity exposure by adopting low commitment modes such as:
A) licensing.
B) contract manufacturing.
C) joint ventures with a majority share.
D) all of the answer choices.
E) both licensing and contract manufacturing.
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