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Mgmt chap 7
Quiz questions
| Question | Answer |
|---|---|
| offshoring involves relocating a business activity to another country | true |
| political risk refers to the potential for government upheaval or interference with business to harm an operation within a country | true |
| the process of seizing a firm's assets in a country by the national government is known as centralization | false |
| just-in-time inventory management conserves space and lowers costs by requiring inputs to a production process to arrive at the moment they are needed | true |
| a firm using a transnational strategy sacrifices responsiveness to local requirements within each of its markets in favor of placing heavy emphasis on being efficient | false |
| a firm that has operations in more than one country is known as a multinational corporation | true |
| a software development firm is based in virginia, but has a unit in syria, where there were severe disturbances by anti-government groups. the instability in syria made it difficult to run its business. this implies that the firm was experiencing a: | political risk |
| in germany, there are nearly 8,000 miles of autobahns where no speed limits for cars are enforced. german automakers must build cars capable of safely reaching and maintaining such speeds. this requirement represents what aspect of the diamond model? | demand |
Created by:
hallie999
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