DBA Global Business Strategy and International Management 3

Question 1

The concept of 'glocalization' in international business strategy refers to:

Accepted Answer

Adapting globally standardized products or services to meet local needs and preferences

Answer

Relocating global headquarters to a regional hub

Answer

Reducing the number of countries in which a firm operates

Answer

Merging global and local supply chains into a single network

Question 2

According to the resource-based view (RBV), a sustainable competitive advantage in international markets requires firm resources that are:

Accepted Answer

Valuable, rare, inimitable, and non-substitutable (VRIN)

Answer

Abundant, standardized, and easily traded across borders

Answer

Regulated by government policy and protected by tariffs

Answer

Freely shared across joint venture partners to build trust

Question 3

A multinational's 'integration-responsiveness' (IR) grid plots strategies along two axes. What do those axes represent?

Accepted Answer

Pressure for global integration and pressure for local responsiveness

Answer

Profitability and market share

Answer

Technological innovation and cost efficiency

Answer

Regulatory compliance and stakeholder engagement

Question 4

Which trade theory suggests that countries should specialize in producing goods for which they have a lower opportunity cost compared to trading partners?

Accepted Answer

Comparative advantage (Ricardo)

Answer

Absolute advantage (Smith)

Answer

Factor endowment theory (Heckscher-Ohlin)

Answer

New trade theory (Krugman)

Question 5

In managing expatriate assignments, 'repatriation failure' most commonly refers to:

Accepted Answer

High turnover of returning expatriates because their new skills are underutilized or unrecognized

Answer

The inability of an expatriate to obtain a work visa in the host country

Answer

Failure of the expatriate to meet performance targets abroad

Answer

Legal problems arising from tax non-compliance in the host country

Question 6

Which of the following BEST illustrates a 'greenfield investment' as a mode of international expansion?

Accepted Answer

Building a brand-new manufacturing plant from scratch in a foreign country

Answer

Purchasing a majority stake in an existing foreign company

Answer

Signing a licensing agreement with a foreign distributor

Answer

Establishing a joint venture with a local partner in the host country

Question 7

Which stakeholder group presents the MOST direct governance challenge for multinational corporations operating across multiple legal jurisdictions?

Accepted Answer

Host-country governments and regulatory authorities

Answer

Domestic retail consumers

Answer

Home-country institutional investors

Answer

International trade unions