In which of the following strategies does a firm view international business as secondary to its domestic business?
A) home replication strategy
B) multilocal strategy
C) global strategy
D) transnational strategy
Question 2Explain what happens when we experience too little stress, the right amount of stress, and too much stress.
What will be an ideal response?
Question 3National industrial policies typically involve the creation of bureaucratic regulatory systems which discourage citizens from seeking advanced education.
Indicate whether the statement is true or false
Question 4Which of the following most likely describes the foreign units of a company using a multidomestic strategy?
A) They are centralized to ensure efficiency and learning.
B) They are highly controlled by the company's headquarters.
C) They are autonomous and operate very independently.
D) They are rare, as most company units are located domestically.
Question 5Briefly describe the services provided by manufacturers' agents, manufacturers' export agents, export and import brokers, and freight forwarders.
What will be an ideal response?
Question 6Which of the following characterizes a multidomestic strategy?
A) Subsidiary managers adapt products and services to meet local needs.
B) Local businesses are managed the same in every national market.
C) Firm executives control all subsidiaries to maximize efficiency.
D) Local managers are employed to implement corporate directives.