Name: ______________________________________ Date: __________________ Score: __________

Write TRUE if the statement(s) is/are incorrect, otherwise FALSE.

1. International Corporate-level strategies are plans that guide commercial transactions taking place between entities
in different countries. These refer to plans and actions of both private and public companies.
2. Multi-domestic Strategy involves low pressure for local responsiveness and high pressure for global integration.
3. Products under global strategy are highly standardized.
4. Global strategies can be very effective to for firms whose products and services are largely hidden from the
customers’ view. For such, variance in local preferences is not very important.
5. Licensing agreements allow foreign companies to sell or represent their brands in their home markets, achieving
the same kind of product introduction that exporting provides, and with the same set of risks.
6. Joint venture is formed to improve firms’ abilities to compete in certain competitive environment and is effective
in establishing short-term relationships and transferring of tacit knowledge.
7. It is crucial for businesses that are functioning jointly to be able to communicate and understand each other well or
they will likely fail.
8. In equity strategic alliance, investments are passive so each firm retains fully its decision power.
9. Restructuring should result in smoother, more economically sound business operations. After employees get
accustomed to the old environment, the company should be better equipped for achieving its goals through greater
effectivity in production.
10. Innovation strategy is about selecting activities to pursue that are different from those of competitors.

Multiple Choice. Choose the letter of the best correct answer. If the answer is not given, write “e” as a choice.

1. What model indicates the strategic options for businesses wanting to manage their international operations basing
on two pressures namely the local responsiveness and global integration?
a) Bartlette & Ghosall model of international business strategy
b) Bartlett & Ghoshal model of international business strategy
c) Bartell & Ghoshall model of international business strategy
d) Barlett & Goshall model of international business strategy
2. A firm using a ___________ sacrifices responsiveness to local requirements within each of its markets in favour of
emphasizing efficiency. A firm using a __________ sacrifices efficiency in favour of emphasizing responsiveness
to local requirements within each of its markets.
a) Multi-domestic strategy ; International Strategy
b) Global Strategy ; Transnational Strategy
c) Transnational Strategy ; Multi-domestic Strategy
d) Global Strategy ; Multi-domestic Strategy
3. Selling wine in France makes sense for McDonalds because wine is a central element of French diets. What strategy
is involved in this approach of McDonalds?
a) Global Strategy
b) Multi-domestic Strategy
c) Transnational Strategy
d) International Strategy
4. I. Licensing allows companies to introduce their brands and products to foreign markets with no direct investment
at all in each country.
II. Licensing is the starting point for global expansion.
a) Both statements are true
b) Both statements are false
c) First statement is false; Second statement is true
d) First statement is true; Second statement is false
5. The following are the reasons why companies tend to off-shore except one. Which is it?
a) Shortage of highly skilled domestic talent in science and engineering which is beginning to search for talent
worldwide.
 b) Expedites time-to-market
c) To increase efficiency by reducing labor cost
d) Cost-reduction strategies
6. Which of the following is not considered a threat of strategic alliances in business?
a) One sided alliances
b) Loss of autonomy
c) Differences in management style
d) Lack of trust
7. I. Joint venture is effective in establishing short – term relationships.
II. Non – equity strategic alliance is formed to improve firms’ abilities to compete in certain competitive
environment.
III. Equity strategic alliance include licensing agreements, distribution agreements and supply contracts.
a) All statements are correct
b) Only statement II is incorrect
c) Statements I and II are incorrect
d) Only statement III is incorrect
8. Companies with _________ __________ strategies tend to have strong research orientation and first-mover
advantage, and be a technology market leader. ________ __________ strategy is used by companies which are
followers, have focus on operations, take a wait-and-see approach and look for low-risk opportunities. The most
correct and appropriate words to fill in the blanks would be:
a) proactive innovation; active innovation
b) proactive innovation; retroactive innovation
c) proactive innovation, passive innovation
d) proactive innovation; reactive innovation
9. They are seen as the basis for coordinated and sustained efforts directed towards achieving long-term business
objectives.
a) Corporate strategies
b) Cooperative strategies
c) Innovation strategies
d) Joint venture strategic alliance
10. ____________ ___________ serves as a way to supplement __________ assets, capabilities and activities, with
access to needed resources or processes from outside players such as suppliers, customers, competitors, companies
in different industries, brand owners, universities, institutes or divisions of government. The most correct and
appropriate words to fill in the blanks would be:
a) Strategic alliances; external
b) Joint venture strategic alliances; internal
c) Equity strategic alliance; external
d) Non-equity strategic alliance; external

Answer easy questions first. When in doubt, stick to your first answer. God Bless!!!
Name: ______________________________________ Date: __________________ Score: __________

Write TRUE if the statement(s) is/are incorrect, otherwise FALSE.

1. International Corporate-level strategies are plans that guide commercial transactions taking place between entities
in different countries. These refer to plans and actions of both private and public companies.
2. Restructuring should result in smoother, more economically sound business operations. After employees get
accustomed to the old environment, the company should be better equipped for achieving its goals through greater
effectivity in production.
3. In equity strategic alliance, investments are passive so each firm retains fully its decision power.
4. Products under global strategy are highly standardized.
5. Innovation strategy is about selecting activities to pursue that are different from those of competitors.
6. Multi-domestic Strategy involves low pressure for local responsiveness and high pressure for global integration.
7. Global strategies can be very effective to for firms whose products and services are largely hidden from the
customers’ view. For such, variance in local preferences is not very important.
8. It is crucial for businesses that are functioning jointly to be able to communicate and understand each other well or
they will likely fail.
9. Joint venture is formed to improve firms’ abilities to compete in certain competitive environment and is effective
in establishing short-term relationships and transferring of tacit knowledge.
10. Licensing agreements allow foreign companies to sell or represent their brands in their home markets, achieving
the same kind of product introduction that exporting provides, and with the same set of risks.

Multiple Choice. Choose the letter of the best correct answer. If the answer is not given, write “e” as a choice.

1. What model indicates the strategic options for businesses wanting to manage their international operations basing
on two pressures namely the local responsiveness and global integration?
a) Bartlette & Ghosall model of international business strategy
b) Bartlett & Ghoshal model of international business strategy
c) Bartell & Ghoshall model of international business strategy
d) Barlett & Goshall model of international business strategy
2. A firm using a ___________ sacrifices responsiveness to local requirements within each of its markets in favour of
emphasizing efficiency. A firm using a __________ sacrifices efficiency in favour of emphasizing responsiveness
to local requirements within each of its markets.
a) Multi-domestic strategy ; International Strategy
b) Global Strategy ; Transnational Strategy
c) Transnational Strategy ; Multi-domestic Strategy
d) Global Strategy ; Multi-domestic Strategy
3. I. Licensing allows companies to introduce their brands and products to foreign markets with no direct investment
at all in each country.
II. Licensing is the starting point for global expansion.
a) Both statements are true
b) Both statements are false
c) First statement is false; Second statement is true
d) First statement is true; Second statement is false
4. Selling wine in France makes sense for McDonalds because wine is a central element of French diets. What strategy
is involved in this approach of McDonalds?
a) Global Strategy
b) Multi-domestic Strategy
c) Transnational Strategy
d) International Strategy
5. ____________ ___________ serves as a way to supplement __________ assets, capabilities and activities, with
access to needed resources or processes from outside players such as suppliers, customers, competitors, companies
 in different industries, brand owners, universities, institutes or divisions of government. The most correct and
appropriate words to fill in the blanks would be:
a) Strategic alliances; external
b) Joint venture strategic alliances; internal
c) Equity strategic alliance; external
d) Non-equity strategic alliance; external
6. I. Joint venture is effective in establishing short – term relationships.
II. Non – equity strategic alliance is formed to improve firms’ abilities to compete in certain competitive
environment.
III. Equity strategic alliance include licensing agreements, distribution agreements and supply contracts.
a) All statements are correct
b) Only statement II is incorrect
c) Statements I and II are incorrect
d) Only statement III is incorrect
7. The following are the reasons why companies tend to off-shore except one. Which is it?
a) Shortage of highly skilled domestic talent in science and engineering which is beginning to search for talent
worldwide.
b) Expedites time-to-market
c) To increase efficiency by reducing labor cost
d) Cost-reduction strategies
8. Companies with _________ __________ strategies tend to have strong research orientation and first-mover
advantage, and be a technology market leader. ________ __________ strategy is used by companies which are
followers, have focus on operations, take a wait-and-see approach and look for low-risk opportunities. The most
correct and appropriate words to fill in the blanks would be:
a) proactive innovation; active innovation
b) proactive innovation; retroactive innovation
c) proactive innovation, passive innovation
d) proactive innovation; reactive innovation
9. They are seen as the basis for coordinated and sustained efforts directed towards achieving long-term business
objectives.
a) Corporate strategies
b) Cooperative strategies
c) Innovation strategies
d) Joint venture strategic alliance
10. Which of the following is not considered a threat of strategic alliances in business?
a) One sided alliances
b) Loss of autonomy
c) Differences in management style
d) Lack of trust

Answer easy questions first. When in doubt, stick to your first answer. God Bless!!!