The strategy of a firm using an international strategy is likely to entail producing and marketing mostly standardized products worldwide, with some customization where and when necessary.
Indicate whether the statement is true or false
Question 2When a large company and a small company enter a joint venture, the large company is expected to contribute more to the arrangement.
Indicate whether the statement is true or false
Question 3The keiretsu structure long used by Japanese companies is an example of virtual organization.
Indicate whether the statement is true or false
Question 4Ellen is interviewing along with several other talented candidates for a position as a journalist at a newspaper. A team of interviewers will meet with all the candidates at once.
The team will pose problems to the candidates and see which candidate takes the lead in formulating an answer. This is most likely an example of a ________ interview.
A) serial
B) board
C) mass
D) panel
Question 5With phone and tablet video functionalities FaceTime and Skype, Web-based in-person interview use is widespread; In a recent year about ________ of candidates took such interviews .
A) 2
B) 7
C) 18
D) 45
Question 6Which of the following is not a driver of market globalization?
A) market liberalization
B) technological advances
C) increased import tariffs
D) economic development
Question 7A global strategy drives performance by making standardized products that are marketed with minimum adaptation to local conditions.
Indicate whether the statement is true or false
Question 8Nondirective interviews follow no set format so the interviewer can ask follow-up questions and pursue points of interest as they develop.
Indicate whether this statement is true or false.