8. Which of the following is not a feature of the globalization strategy?
Assuming that global markets are more similar than different, emphasizing the economies of scale and scope that may arise from globalized operations.
B. Seeking to create a resource allocation and management model that integrates global efficiency and local response.
C. Standardized products/services for different national markets, usually without changing product standards according to local market conditions.
D. Requires centralized management, headquarters control and centralization for global efficiency, emphasizes economies of scale and requires sharing and coordination of resources across borders.
E. Strong local responsiveness, conducive to higher customer satisfaction and low political, trade and exchange rate risks.
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7. Which of the following is not a feature of the multinationalization strategy?
Assuming that each country or region's market is different, focus on differences between countries
B. Seek to create a resource allocation and management model that integrates global efficiency and local response
C. Respond to country-specific differences in consumer preferences, industry characteristics and government regulations through differentiated products or services
D. Subsidiaries must not only identify local needs, but also respond to those needs using their own local resources
E. High degree of centralization of headquarters over national subsidiaries and little local autonomy
6. There are three basic types of business-level internationalization strategies, which are ( ).
A. Multinationalization strategy
B. International cost leadership strategy
C. International differentiation strategy
D. International focus strategy
E. Globalization strategy
5. Among the reasons why the level of affiliated and supporting industries in a country's competitive advantage has an important impact on the competitive advantage of an industry are ( ).
A. Potential for cluster advantages
B. Possible demand pull for complementary products
C. May constitute a favourable external economic and informational environment, for example, a professional talent market
D. If these related and supporting industries are geographically close to the dominant industry, it is possible for companies to frequently and quickly transfer product information and exchange innovative ideas with each other
E. It is conducive to the leading industry to reduce product costs and improve product quality, thus establishing advantages
4. The demand factor condition of a country's competitive advantage refers to the ( ) condition of the product or service of an industry in that country.
A. Land resources in the country
B. The innovation system in this country
C. The nature of demand in this country's market
D. International competitiveness of the country's industries
E. The size of the market and the size of the market potential in this country
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