d. All of the above.
2. Which of the following best describes foreign direct investment (FDI)? a. A firm’s direct investment in production and/or service activities abroad.
3. Which of the following best defines “Triad” as the term is used in the text? c. North America, Europe, and Japan.
4. According to the text, the current brand of “global strategy” seems relevant only for MNEs from:
b. The Triad.
5. Emerging economies (or emerging markets): c. A and B above
6. BRIC refers to: e. Brazil, Russia, India, and China 7. Many BRIC local firms are: d. All of the above
Chapter 2
8. Which of the following is NOT true of the industrial organization (IO) economics model?
d. All of the above are NOT true.
9. Which of the following tends to reduce the intensity of rivalry?
e. None of the above.
10. Which of the following would tend to reduce the bargaining power of suppliers?
d. Unwillingness and inability of suppliers to integrate forward.
11. Which of the follow would tend to reduce the bargaining power of buyers?
e. All of the above.
12. Which of the following are true concerning cost leadership?
d. All of the above.
13. Which is a reason for integration as opposed to outsourcing? e. All of the above.
14. An industry-based view provides some answers to which of the following questions?
d. What determines the international success and failure of firms?
Chapter 3
15. A firm’s are its tangible and intangible assets a firm uses to choose and implement its strategies.
c. Core competencies
16. According to the text, which of the following are intangible resources and capabilities?
e. None of the above.
17. International outsourcing involves:
c. A and B above.
18. Having valuable, but common resources/capabilities leads to:
d. Competitive disadvantage.
19. Ways to imitate include:
c. A and