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Exam Questions Fall 2013

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Exam Questions Fall 2013
RSM 490 H1F
L0101, L0201, L0301
International Business
Final Exam

Directions: Answer the questions in the exam booklets provided, one question per booklet. Please write legibly or print. If it can’t be read it can’t be marked. Both questions are worth 10 points.

Examination aids: You may use any material written or printed on paper. You may not use any electronic devices of any kind.

1. Discuss how the need for control over foreign operations varies with firms’ strategies and core competencies. What are the implications for the choice of entry mode?
2. In what kind of industries does a localization strategy make sense? When does a global standardization strategy make most sense?
3. How does culture impact market choices, structural decisions, and likelihood of success for an internationalizing firm? What are the implications for human resources?
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