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Global economics WGU Test

Enter the letter for the matching Answer
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1.
resource based view
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2.
late mover advantages
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3.
establishment of entry barriers for late examples
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4.
modes of entry
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5.
natural resource making location specific advantages
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6.
first mover advantages
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7.
proprietary technological examples
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8.
opportunity to free ride on first mover investments
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9.
first movers difficulty to adapt to market changes examples
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10.
efficiency seeking examples
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11.
resolution of technological and market uncertainty examples
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12.
market seeking location specific advantages
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13.
pre-emption of scarce resources examples
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14.
relationships with key stakeholders such as governments
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15.
location specific advantages
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16.
first mover advantage definition
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17.
late mover advantage definition
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18.
natural resource making examples
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19.
avoidance of clash with dominant firms at home
A.
benefits a firm reaps from the features specific to a place- geography
B.
Citigroup, JP Morgan Chase and metallurgical corp of China enter Afghanistan
C.
greyhound is stuck with the bus depots where as Megabus uses curbside stops
D.
Ericson won big contracts in Saudi Arabia free riding on Coscos efforts
E.
benefits that accrue to firms that enter the market later and that early entrants do not enjoy
F.
pre-emption of scarce resources
G.
IT in silicon Valley and Bangalore Telecom in Dulles aerospace Russia
H.
Polands F-16 fighter jet contract
I.
resolution of technological and market uncertainty
J.
oil in the middle east, Russia, and Venezuela
K.
argues that foreign firms need to deploy overwhelming resources & capabilities to affect the liability of foreignness
L.
method used to enter a foreign market
M.
Sony, Honda go to the US market ahead of their Japanese rivals
N.
Japanese MNE's in South Asia
O.
abundance of strong market demand and customers willing to pay
P.
Apples IPOD, IPAD, IPHONE
Q.
possession of natural resources & related transport & communication infrastructure
R.
benefits that occur to firms that enter the market first and that later entrants do not enjoy
S.
GM and Toyota have patience to wait until Nissan leaf resolves uncertainties about the electric car
Type the Question that corresponds to the displayed Answer.
incorrect
20.
GM in China
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21.
amount of resources committed to entering a foreign market
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22.
inherent disadvantage foreign firms experience in host countries because of their innovative status
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23.
relationships with key stakeholders such as governments
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24.
opportunity to free ride on 1st mover investments
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25.
economies of scale and abundance of low cost factors
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26.
proprietary technological leadership
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27.
AVOIDANCE OF CLASH WITH DOMINANT firms at home
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28.
location specific advantages that arise from the clustering of economic activities in certain locations
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29.
first movers difficulty to adapt to market changes

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