International orientation is best explained by a. The stage theory of internationalization b. Firm's modes of entry into international business c. Attitude or strategic predisposition of a transnational corporation towards internationalization d. Gradual process of internationalization

International orientation is best explained by a. The stage theory of internationalization b. Firm's modes of entry into international business c. Attitude or strategic predisposition of a transnational corporation towards internationalization d. Gradual process of internationalization

Principles of Management

OER 2019th Edition

ISBN:9780998625768

Author:OpenStax

Publisher:OpenStax

Chapter6: International Management

Section: Chapter Questions

Problem 1CTQ: What are some of the sources of McDermotts excellence at managing cross-cultural differences? How...

See similar textbooks

Related questions

Q: Explain the term "multicultural marketing" and how a multinational corporation such as Pepsi Cola or…

A: Global company means a company which is doing its business and selling its goods and services in…

Q: What are the advantages and disadvantages of Exporting, Investing, Joint Ventures, Franchising, and…

A: When а соmраny sells its рrоduсts on a global platform, it intrоduсes the соmраny…

Q: Cite specific ways on how the importance, types and benefits of international business could improve…

A: Internationalization is the modern revolution that took place in the business environment. Almost…

Q: Put simply, International Business is the means that enables the ends of Globalization.

A: Globalization is that boon to world which has opened many doors for the people out there to carry…

Q: Which of the following best describes motivations for a firm to internationalize: Seek new foreign…

A: Business expansion and growth are significant for the survival of operations and activities. Today,…

Q: GLOBAL MARKET FORCES includes all items except for : * Global presence as a defensive tool. Growth…

A: Introduction;- The socioeconomic price and quantity are the behaviours of producers and consumers…

Q: Define and explain culture, and how it affects the conduct of international business. (Please…

A: Culture means how individuals represent themselves within society. In every culture there exist…

Q: Note a research question. Just answer with short notes. Many factors have contributed to the fast…

A: International business International business alludes to the exchange of merchandise,…

Q: With clear examples, discuss the advantages and disadvantages of international business. Require:…

A: International Business- The procedure for implementing business all over the nation's boundary at an…

Q: Globalization is one of the ways for capturing international markets. O True O False

A: Globalization- Marketing globalization is an interdependent term combining the advertising and…

Q: International business requires innovative solutions to meet global social and environmental…

A: Globalization Globalization is the process of integrating the exchange of goods and services…

Q: You are a businessperson who speaks only English. Your company does business primarily in Colombia,…

A: The most important feature a businessperson could have when conducting international business is to…

Q: "All commercial transactions between two or more countries, including sales, investments, and…

A: International business management refers to the operational, transactional, and strategic activities…

Q: Why and how are cultural factors so important in determining success or failure in international…

A: International Business International Business consists of all of the organizations that extend…

Q: An organization may adopt four generic internationalisation strategies towards its global…

A: A global corporation is one that conducts business in multiple countries (MNC). In the international…

Q: Give specific examples of problems that a company may encounter when conducting international…

A: Market research refers to the process of gathering, analyzing and interpreting the data about the…

Q: Discuss the advantages and disadvantages of organizational separation in international businesses.

A: Internationalization: It illustrates the firm which takes measures to extend business to the…

Q: Assess the relative costs and benefits to a Multinational Enterprise of adapting its marketing…

A: Every company try to gain as much market share as possible. It always increases its profit so as to…

Q: As a highly admired international entrepreneur, you have been invited to give a speech on the need…

A: Localization is the process in which specific market is targeted by the company for its product…

Q: What are the methods by which a firm can organized for and enter into international markets

A: There are numerous methods for an organization to access overseas markets. With the rapid…

Q: Many MNCs would like to do business overseas in the same way that they do business at home. Does the…

A: The number of firm agents globally is developing ceaselessly. the planet is crevice up for outside…

Q: Valhalla Inc. is considering entering an international market, which of the following is true: O a.…

A: Dear student as per our guidelines we can answer only 1 question in case of multiple questions…

Q: 3.1 With reference to the above statement, discuss the advantages of effective intercultural…

A: INTRODUCTION: Organizational culture represents the shared values, beliefs, and norms of the…

Q: Which of the following is NOT a likely reason to study international business? Select one: O a.…

A: International business refers to the business activities taking place beyond the country’s…

Q: Take a company of your own choice and pass it through the internationalization process. Describe the…

A: In order to capture maximum market share, internationalization is done. It is done by initially…

Q: Explain introduction on country Italy which related to International Business and other information…

A: Itlay is referred as a diversified economy which dominated by private companies. The Italian economy…

Q: A) By operating internationally, a company may take advantage of business-cycle differences among…

A: Globalization Globalization is the process of integrating the exchange of goods and services…

Q: Direct exporting means company has its own import department. Select one: O True O False

A: Direct Exporting means products can be directly exported to a customer. The manufacturer is the…

Q: _____________ is the widening and deepening of interdependent relationships among people from…

A: Advanced education frameworks, approaches, and establishments are being changed by globalization,…

Q: Take a company of your own choice and pass it through the internationalization process. Describe the…

A: Advantages of internationalization Being global from the very first moment doesn't mean you as of…

Q: How to achieve effective communication when doing international business

A: Efficient interaction is a conversation between two or more people in which the intended message is…

Q: Companies doing international business are more likely to be successful when they. Select one: O a.…

A: International business is linked with trading of goods, technology, services or even knowledge…

Q: gaining this new knowledge make you feel about International Business?

A: The trade in products, commodities, technology, money, and/or information across national boundaries…

Q: Ceteris paribus, the complexity of skills and knowledge that are needed to succeed in international…

A: Answer: Option A) International business refers to economic transactions beyond national borders…

Q: ently as well as more effectively? A) procuring raw materials from the same suppliers who supply…

A: Small firms also known as born globals are able to participate and benefit themselves more…

Q: Suppose a small translation business asked you to advise the company on how to overcome cultural…

A: Small business can be defined as the business that is working on a small scale whose production…

Q: Based on your understanding of Internationalization, critically analyze the various modes of entry…

A: Globalization Globalization is the process of integrating the exchange of goods and services…

Q: advantages and disadvantages of different internationalization strategies in higher education

A: Internationalization could also be a consequence of internationalization. it' is understood as the…

Q: Which three (choose all three) of the following arguments are often used to support franchising as a…

A: Many organizations desire to run their business in many countries. They want to enter new markets in…

Q: Studying international business is important for all the following reasons except for ________. A)…

A: The correct answer is option A. It explains why a government is motivated by profits.

Q: Explain the term multicultural marketing and how corporations such as Pepsi Cola or KFC could…

A: International companies mean the companies which are doing their business activities in the foreign…

Q: 14. Which three (choose all three) of the following arguments are often used to suppo franchising as…

A: International franchising likewise permits a franchisor to fabricate and improve its image as a…

Q: Which one of the following is a true statement? Select one: O a. Emerging markets were previously…

A: :Location analysis is a technique for finding, assessing and specifying the proper placement of…

Q: Kindly answer the following questions on Cultural dimensions of doing business in England Cultural…

A: Business culture is how people feel about the task they perform, the discipline they believe in,…

Q: (a) What are three (3) major decisions in international distribution that should be undertaken by…

A: 1. Select the target geography you would like to enter based on similarities with you domestic…

Concept explainers

Global Marketing

Global marketing is defined as the process of promoting a product and making it available beyond its country of origin. Hence, it can also be referred to as international marketing. When a product reaches a consumer beyond domestic boundaries, it is called global marketing. Global marketing is a sub-part of marketing. It is not just limited to selling the product worldwide; but also involves proper planning, procurement of materials, manufacturing of a product, placing, and promotion for the product, and introducing it in the domestic and the international markets. Global marketing is not only important for the success of a business but also helpful in the retention of a large consumer base. Various business organizations or companies have failed due to the shortcoming of proper marketing techniques.

Question

International orientation is best explained by
a. The stage theory of internationalization
b. Firm's modes of entry into international business
c. Attitude or strategic predisposition of a transnational corporation towards
internationalization
d. Gradual process of internationalization
Answer
O A
O B
Submit

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

This is a popular solution!

SEE SOLUTION Check out a sample Q&A here

Step 1

VIEW

Step 2

VIEW

Trending now

This is a popular solution!

Step by step

Solved in 2 steps

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, operations-management and related others by exploring similar questions and additional content below.

Similar questions

1. The lowest level of internationalization is: a. domestic business b. global business c. multinational business d. none of the above 2. the vice president of a company is at which management level? a. first-line manager b. middle manager c. top manager d. operative e. none of the above
What are the three (3) stages of Internationalization? A)Exporting, Sales Subsidiary & Foreign Production B)Exporting, Joint Venture & Foreign Production C)Exporting, Joint Subsidiary & Local Production D)Exporting, Sales Subsidiary & Local Production,
Please give thorough information Propose a strategy for internationalization. Looking particularly at entry strategies that could be utilized as discussed in the course. You will need to keep in mind the domestic realities of the company and its product/service by conducting a situation analysis to start. You are equired to suggest an international strategy after an analysis of all strategies discussed in thecourse.
1.Please explain the different stages of Uppsala model of international business involvement or international expansion into foreign markets and summarize its limitations? 2.What are Born Global firms and how such firms internationalization challenged the Uppsala model of international business development?
Note a research question. Just answer with short notes. Many factors have contributed to the fast growth of International Business. Critically examine the extent at which the following factors have enhanced the growth of International Business: i) Changing political situations ii) Expandedcross-national corporation iii) Expansion of technology iv) Growing consumer pressures v) Increased global competition
Lotte Corporation I) Describe the main challenges and difficulties the MNE has faced or currently faces because of its internationalization. II) What is the MNE’s response to controlling, adapting or managing its challenges and difficulties?
Internationalization can be viewed by small and medium enterprises as a slow stageby-stage process. As a business expert:i. Examine the various options you would adopt for your firm to engage ininternational business. ii. Use an Equity Control-Growth matrix to explain the various equity entry modesused by small and medium enterprises to internationalize.
Discuss this statement: "Internationalization is a relevant strategic option for high-tech venture expansion and growth." What makes this statement true? What facts support this statement?
A transnational strategy to internationalization is best characterized by which of the following? A) adjustable plans driven by local managers B) local responsiveness with central control C) operations determined local partners D) identical cross border strategies and operations
15 Globalization engenders _____________ at the global level a. More rivalry b. No competition c. Stability d. Less competition
Subject: McDonald's and its expansion to the market in Japan Assuming you are the CEO or president of the company, justify the internationalization of the company as a response to globalization. Explain each of the cases in terms of what the multinational companies McDonald's were looking for and the results obtained. Describe the cultural realities faced by McDonald's and their relationship with the cultural dimensions of Hofstede and Trompenaars.
All of the following are reasons why international opportunities should be considered by managers, EXCEPTA.the world is getting smaller.B. serving international markets may improve economies of scale. C. favorable trends at home and unfavorable trends in other countries make international marketing particularly attractive. D. around the world, potential customers have needs and money to spend.E. it helps to develop a competitive advantage at home and abroad.