STRAYER ITB300 WEEK 6 QUIZ 5

· 3 out of 3 points

A key success factor is a factor that is necessary for a firm to compete effectively in a(n):

· Question 2

3 out of 3 points

_____ attempts to provide management with accurate forecasts of trends that relate to external changes in geographic areas where the firm is currently doing business or considering setting up operations.

· Question 3

3 out of 3 points

MNCs using the _____ approach to strategic planning are country-responsive; their approach is designed to protect local market niches.

· Question 4

3 out of 3 points

Within the context of international management, the “base of the pyramid” refers to:

· Question 5

3 out of 3 points

Once strategic goals are set, an MNC will develop specific _____ goals and controls, usually through a two-way process at the subsidiary or affiliate level.

· Question 6

3 out of 3 points

For products like computers, Japanese firms:

· Question 7

3 out of 3 points

When market liberalization is delayed:

· Question 8

3 out of 3 points

Many large MNCs work to combine the ___________ approaches to strategic planning.

· Question 9

3 out of 3 points

These individuals are the key to stimulating profit growth within a company.

· Question 10

3 out of 3 points

The approach to strategic formulation and implementation utilizing strategies of TQM to meet or exceed customers’ expectations and continuously improve products and/or services is referred to as the:

· Question 11

3 out of 3 points

The process of providing goods and services in accord with a plan of action is:

· Question 12

3 out of 3 points

TQM techniques range from traditional inspection and statistical quality control to cutting-edge human resource management techniques, such as:

· Question 13

3 out of 3 points

Honda and General Motors have both built plants in Thailand to take advantage of

· Question 14

3 out of 3 points

One of the most important foci in _____ is the market and includes the role of all potential competitors and the relationships surrounding those competitors, such as affiliation with one another or the connection between the company and its customers and suppliers.

· Question 15

3 out of 3 points

The process of determining an organization’s basic mission and long-term objectives and then implementing a plan of action for attaining these goals is: