国际商务 题库Chapter 11.docVIP

Chapter 11 International Strategy and Organization TRUE/FALSE QUESTIONS 1. Developing an effective strategy requires a company to undertake an analysis of its own capabilities and strengths. (True; Easy; p. 314; LO1) 2. An inappropriate strategy can lead managers to take actions that cause internal tensions and pull a company in opposite directions. (True; Easy; p. 314; LO1) 3. The process of identifying and selecting an organization’s objectives and deciding how the organization will achieve those objectives is called strategy. (False; Moderate; p. 314; LO1) 4. Strategy is the set of planned actions managers take to help a company meet its objectives. (True; Easy; p. 314; LO1) 5. A well-defined strategy helps to coordinate a company’s various divisions and departments so that it reaches its company-wide goals in the most effective and efficient manner possible. (True; Easy; p. 314; LO1) 6. Many concerns facing managers when formulating a strategy are different for domestic as compared with international companies. (False; Moderate; p. 314; LO1) 7. The strategy formulation process involves both planning and strategy. (True; Moderate; p. 314; LO1) 8. A written statement of why a company exists and what it plans to accomplish is referred to as its core competencies. (False; Moderate; p. 314; LO1) {AACSB: Communication} 9. A company’s mission statement often guides decisions such as which industries to enter or exit and how to compete in chosen segments. (True; Moderate; p. 314; LO1) {AACSB: Communication} 10. A market segment is a clearly identifiable group of potential buyers. (True; Easy; p. 314; LO1) 11. Inbound and outbound logistics is an example of a primary activity. (True; Moderate; p. 316; LO1) 12. Human resource management is an example of a support activity. (True; Easy; p. 316; LO1) 13. Value chain analysis divides a company’s activities into forward activities and backward activities. (False; Easy; p. 316; LO1) 14. Support a