Page 313 - GMAT 2017b_Neatb

Business Management Test

(C) phase out all trade and tariff barriers between (C) Transnational strategy
the United States and Mexico (D) Multi-domestic strategy
(D) phase out all trade and tariff barriers between
the United States, Canada, and Mexico 56. Which of the international operations strategies
involves low cost reductions and low local
51. Which of the following are typical of the Critical responsiveness?
Success Factors used for international facility (A) International strategy
location decisions? (B) Global strategy
(A) political and legal factors (C) Transnational strategy
(B) availability of technology (D) Multi-domestic strategy
(C) economic factors
(D) culture and ethics 57. Which of the international operations strategies
(E) all of the above uses import/export or licensing of existing
products?
52. Which of the following is true regarding Critical (A) International strategy
Success Factors (CSFs)? (B) Global strategy
(A) The list of critical success factors is the same (C) Transnational strategy
from one organization to another. (D) Multi-domestic strategy
(B) Use of CSFs is one method of determining (E) None of the above
the country in which to locate a new facility.
(C) The critical success factors must be weighted 58. Which of the international operations strategies
equally. uses the existing domestic model globally?
(D) Critical Success Factors are relevant for (A) International strategy
strategic planning, but not for Global (B) Global strategy
Operations. (C) Transnational strategy
(D) Multi-domestic strategy
53. Which of the following are not typical of the (E) None of the above
Critical Success Factors used for international
facility location decisions? 59. Nestle is described in the textbook as a
(A) political and legal factors firm.
(B) location planning (A) domestic
(C) economic factors (B) global
(D) culture and ethics (C) subsidiary
(E) technology (D) transnational

54. Which of the following represent issues of culture 60. The acronym MNC stands for
and ethics in international operations? (A) Mexican National Committee
(A) bribery (for international trade)
(B) supplier punctuality (B) Maquiladora negates competition.
(C) employee stealing (C) Maytag Nestle Corporation.
(D) protection of intellectual property rights (D) Multinational Corporation.
(E) all of the above are culture and ethics issues

55. Which of the international operations strategies
involves high cost reductions and high local
responsiveness?
(A) International strategy
(B) Global strategy

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