Reference no: EM132229993
1. Which of the following is an example of a modification in the company's business model to accommodate the unique local circumstances of developing countries?
Mahindra and Mahindra ranked number one in J. D. Power Asia Pacific's new-vehicle overall quality category.
Home Depot could rely on its value propositions only in some developing countries.
Unilever developed a low-cost detergent, named Wheel, for the Indian market.
Japan is known for its competitive strength in consumer electronics.
In China, Dell moved from its traditional Internet-based orders to orders over phone and fax.
2. When concentrating production in a few locations, which of the following can allow a manufacturer to lower unit costs, boost quality, or master a new technology more quickly?
significant scale economies
learning-curve effects
superior resources
profit sanctuaries
supporting industries
3. Which of the following is NOT a possible reason why Uber opted to expand its on-demand transportation services into foreign markets?
to spread its business risk across a wider geographic market base
to capitalize on company competencies and capabilities
to gain access to new customers in new markets
to build the profit sanctuary necessary to wage guerrilla offensives against global challengers endeavoring to invade its home market
to achieve lower costs and enhance the firm's competitiveness.
4. Which of the following statements about workplace values is true?
All cultures believe that if you put hard work before pleasure, success will follow.
Canadian culture views the employee-employer relationship like a family and expects it to last for a lifetime.
American culture focuses on networking and interpersonal relationships rather than maximizing production or planning.
Cultures that place emphasis on interpersonal relationships rather than planning, as is the case in Spain, tend to be more relaxed in business.
Cultures that have high power distance also tend to expect workers to be free to move from job to job.