Strategic Management MCQ Questions and Solutions with Explanations | Management

A. stricter government policies on cross-border movements

B. development of institutions to support and facilitate trade

C. decreasing global competition

D. companies increased concerns with terrorism

A. Substitutability

B. Concentration of suppliers

C. A buyer is important to the supplier

D. High switching costs

A. mixed ventures

B. foreign direct investment

C. joint ventures

D. exporting and importing

A. The organization will charge high prices

B. The organization will not attempt to cut costs

C. The organization will change strategy to seek to fully exploit its power

D. The organization will stifle innovation

A. services

B. merchandise

C. intellectual property

D. licensing

A. To control competition and stop monopoly power

B. To minimize resource wastage and monopoly power

C. To control competition and minimize resource wastage

D. To control competition, minimize resource wastage, and inhibit the exploitation of weak buyers and suppliers

A. foreign portfolio investment

B. foreign direct investment

C. mixed venture

D. pure venture

A. Synergy

B. Careful evaluation of strategic options

C. Ensure consistency between desired strategic position and the chosen strategy

D. Active opportunity searching

A. an investor must have at least 100 % interest in the foreign company

B. an investor must have at least 50% interest in the foreign company

C. an investor may hold a minority stake if the remaining ownership is widely dispersed

D. an investor must make all decisions at headquarters about the foreign company

A. more aggressive in terms of competitive strategies and entrepreneurialism or change orientation

B. more aggressive in terms of competitive strategies

C. more aggressive in terms of competitive strategies and in their pursuit of opportunities

D. more aggressive in terms of competitive strategies and innovation