Business Questions

During which period of globalization did the mode of entry into foreign markets primarily involve exporting goods?

McMillan toys inc. is looking to expand internationally and wishes to develop a new product line that is highly localized while keeping their cost structure below that of the rivals. McMillan toys inc. had been successful with implementing a blue ocean strategy in their main strategic business units and as such which is to pursue a____ strategy for their international operations

Teresa wants to take her firm internationally but is concerned with the_____, which refers to the possibility of higher costs of doing business in unfamiliar cultural and economic environments.

Generally, as the level of_____ innovation declines, the level of_____ innovation increases.

Managers at umbrella corporation, a firm in East Asia, want to make their company a global leader in the business process outsourcing. What should the umbrella managers do and look for as they decide where to locate their BPO facilities?

Maria wants to pursue an international strategy but is concerned that four markets aren't ready for her products and services. You recommend that she engage in______, which would be contract based an would limit the risk an exposure of her investments.

Uber has become one of the largest transportation companies in the world, valued at more than 100 billion in 2021. Without owning a single car Uber is an example of a?

The strategic objective of first mover during the introductory stage of the industry life cycle is to?

Product features, customer service, and compliments are all examples of important_____.

Sophie's sandwich shop offers burgers and sandwiches similar to national competitors in the fast food market but at a much lower price. What strategy is Sophie's using?

the broad question that business level strategy answers is______ the firm will compete.

A payroll company in the nation of Ostrich is seeking to expand beyond its borders while limiting administrative and political distance in the new country. Which potential site is the best one for this expansion type?

The key objective for firms during the_______ phase is to stake out a strong strategic position not easily imitated by rivals.

Walmart sells live animals in China, whereas IKEA sells kimchi refrigerators and metal chopsticks in South Korea. These examples illustrate the need for_____, which often requires the competing firm to tailor their products and services to meet the needs of the markets in which they are competing.

Jimmy prefers to buy from the well established brands rather than unknown new ventures. Which customer segment does Jimmy fall under?

Olivia the CEO of a line of luxury bedding, Liv-Let-Lie which has an online presence and production units in nine countries. In this scenario Liv-Let-Lie is most likely a_______.

Morgan accepts a job as head of human resources at an engineering firm and learns that the company believes teamwork is so important that it awards all raises and bonuses by splitting them equally with the team rather than presenting them to individual employees. What actions should Morgan take regarding the program?

The leading producer of cell phone backup batteries Prague me has achieved great success because it produces high quality battery backups that are not too expensive. In addition, probably has added complementary assets such as a carrying case considering all of these factors, the backup battery industry is most likely in a ______ stage.

Firms that consider international expansion will often example absolute metrics on which countries to pursue investments in but also consider relative distance. To help firms decide where to compete,______ was developed to help firms make this decision.

Which of the following is a feature of the growth stage of the industry life cycle?