Question

Firms use four basic strategies to compete in the international environment. These are: A. an international strategy, a localization strategy, a global strategy, and a transnational strategy B. a cross-cultural strategy, a trade block strategy, a regional strategy, and a world strategy C. a domestic-based strategy, an internationally-focused strategy, a local/regional-based strategy, and a cultural-based strategy D. an international strategy, a regional strategy, a global strategy, and a world strategy QUESTION 21: Pressures for _______ imply that it may not be possible for a firm to realize the full benefits from the experience curve and location economies. A. government approval B. consumer guidance C. national recognition D. local responsiveness QUESTION 22: The two categories of drafts are: A. negotiable drafts and non-negotiable drafts. B. single-party drafts and multi-party drafts. C. time drafts and quantity drafts. D. sight drafts and time drafts. QUESTION 23: Firms that compete in the global marketplace typically face two types of competitive pressures. They face pressures for cost reductions and: A. pressures for volume increases B. pressures to be locally responsive C. pressures to be politically savvy D. pressures for price reductions

          Firms use four basic strategies to compete in the international environment. These are: A. an international strategy, a localization strategy, a global strategy, and a transnational strategy B. a cross-cultural strategy, a trade block strategy, a regional strategy, and a world strategy C. a domestic-based strategy, an internationally-focused strategy, a local/regional-based strategy, and a cultural-based strategy D. an international strategy, a regional strategy, a global strategy, and a world strategy

QUESTION 21: Pressures for _______ imply that it may not be possible for a firm to realize the full benefits from the experience curve and location economies.
A. government approval
B. consumer guidance
C. national recognition
D. local responsiveness

QUESTION 22: The two categories of drafts are:
A. negotiable drafts and non-negotiable drafts.
B. single-party drafts and multi-party drafts.
C. time drafts and quantity drafts.
D. sight drafts and time drafts.

QUESTION 23: Firms that compete in the global marketplace typically face two types of competitive pressures. They face pressures for cost reductions and:
A. pressures for volume increases
B. pressures to be locally responsive
C. pressures to be politically savvy
D. pressures for price reductions

Added by Kevin A.

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