Offshoring is a more robust form of outsourcing in that the firm moves an entire sector of its business overseas.
Indicate whether the statement is true or false
Question 2Firms often establish their own sourcing operations abroad to maintain control of outsourced value-chain activities and technologies.
Indicate whether the statement is true or false
Question 3Dependencia theory holds that ________.
A) countries should seek to diversify their economies
B) low-income countries have practically no power in dealings with MNEs
C) in a globalized world, no nation can be independent economically or politically
D) there is a natural division of labor whereby developing countries depend on production using fairly unskilled labor and developed countries depend on highly educated workers
Question 4A person who makes a public statement about a planned action (for example, announcing to your employees that I will increase profits in this company by 20 percent.)
is less likely to accomplish that action than someone who remains quiet about his or her plans.
a. True
b. False
Question 5A useful way to understanding the purpose of strategy is to think of the firm as a(n) ________, composed of a series of distinct activities, including production, marketing, materials management, R&D, human resources, information systems, and the
firm infrastructure.
A) activity network
B) value constellation
C) task succession
D) value chain
Question 6Functional structures for international operations are most likely found among those companies that ________.
A) have a narrow range of products that rely on economies of scale
B) have multiple products that share few common technologies
C) rely on differentiated marketing methods
D) compete in unstable industries
Question 7Which of the following will most likely be included as a basic element of Conrad's training program?
A) tickets to a Romanian festival
B) a fictional movie based in Romania
C) an introduction to Romanian food
D) assigned reading about Romanian culture
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