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You can read the details below. By accepting, you agree to the updated privacy policy. Thank you! View updated privacy policy We've encountered a problem, please try again. Question 1 Which of the international operations strategies uses the existing domestic model globally? international strategy global strategy transnational strategy multidomestic strategy transdomestic strategy Question 2 Which of the following is the best example of competing on low-cost leadership? A firm produces its product with less raw material waste than its competitors A firm offers more reliable products than its competitors A firm's products are introduced into the market faster than its competitors' products A firm's research and development department generates many ideas for new products A firm advertises more than its competitors Question 3 Which of the following is an example of globalization of operations strategy? Boeing's Dreamliner has engines with higher fuel/payload efficiency Ford's new auto models have dent-resistant panels A Chinese manufacturer, Haier, now operates plants in the United States Hard Rock Café provides an "experience differentiation" at its restaurants Porter Airlines focuses on short-haul flights Question 4 New trends in operations management include global focus mass customization empowered employees rapid product development All of the above are new trends in operations management Question 5 A) international strategy Answer: D
Whichoftheinternationaloperationsstrategiesusestheexis
This preview shows page 20 - 22 out of 45 pages. 7) Which of the international operations strategies uses the existing domestic model globally?A) international strategyB) global strategyC) transnational strategyD) multidomestic strategyE) worldwide strategyAnswer: D 8) The acronym MNC stands for Get answer to your question and much more 9) Caterpillar and Texas Instruments are two firms that have benefited from the use of: Get answer to your question and much more 8) Which of these statements regarding Regal Marine is TRUE? Get answer to your question and much more We have textbook solutions for you!The document you are viewing contains questions related to this textbook. Strategic Management: Concepts and Cases: Competitiveness and Globalization Hitt/Ireland Expert Verified
E) All of the above are true.Answer: E9) Regal Marine:A) no longer builds boats with any wooden parts.B) has replaced all human labor with robots. C) treats the product design decision as critical to its success.D) gets its competitive advantage by being the low-cost producer of boats designed by others.E) designs several new boats each year, but contracts other firms for their manufacture.Answer: C 10) The three major elements of the product decision are: Get answer to your question and much more 11) In which stage of the product life cycle should product strategy focus on process modifications as the product is being "fine-tuned" for the market? Get answer to your question and much more 12) A product's life cycle is divided into four stages, which are: Get answer to your question and much more Upload your study docs or become a Course Hero member to access this document Upload your study docs or become a Course Hero member to access this document End of preview. Want to read all 45 pages? Upload your study docs or become a Course Hero member to access this document We have textbook solutions for you!The document you are viewing contains questions related to this textbook. The document you are viewing contains questions related to this textbook. Strategic Management: Concepts and Cases: Competitiveness and Globalization Hitt/Ireland Expert Verified What are the four operations strategy Global?The two dimensions result in four basic global business strategies: export, standardization, multidomestic, and transnational.
Which of the international operations strategy uses import export or licensing?Question 20 Which of the international operations strategies uses import/export or licensing of existing products? transnational strategy A.
Which of the international operations strategies involves a focus on accommodating local taste and high local responsiveness?Glocalization is when an international corporation modifies some of its offerings in order to accommodate local consumer tastes or preferences. It is a portmanteau of the words "globalization" and "localization."
What is transnational strategy in international business?An international business structure where a company's global business activities are coordinated via cooperation and interdependence between its head office, operational divisions and internationally located subsidiaries or retail outlets.
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