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True or False Quiz
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1
MuchMusic’s global strategy includes expanding to Brazil with MuchBogata!
A)True
B)False
2
Profitability is a ratio or rate of return concept.
A)True
B)False
3
The support activities of a firm have to do with creating the product, marketing, and delivering the product to the buyers and providing support and after-sale service to the buyers of the product.
A)True
B)False
4
In the early 1980s Canadian prime interest rate was as high as 22%.
A)True
B)False
5
FICA, the Foreign Investment in Canada Act, is still in place in Canada.
A)True
B)False
6
When a technologically complex task is repeated, learning effects tend to be more significant.
A)True
B)False
7
Firms that compete in the global marketplace typically face pressures for cost reductions and pressures to be globally responsive.
A)True
B)False
8
Pressures for local responsiveness imply that a firm will be able to realize full benefits from experience curve and location economies.
A)True
B)False
9
Conventional commodity products such as sugar, petroleum, and steel require significant modifications to meet differences in consumer tastes and preferences.
A)True
B)False
10
Modern communications and transport technologies, according to Levitt, have created the conditions for a convergence of the preferences of consumers from different nations.
A)True
B)False
11
Bombardier has no railcar factories in Europe, only in Canada.
A)True
B)False
12
Strategic Alliances may include collaboration between companies that are competitors.
A)True
B)False
13
AOL Time Warners’ CD and DVD manufacturing operations are now owned by the Canadian company Cinram.
A)True
B)False
14
When there are high pressures for local responsiveness, an international strategy makes most sense.
A)True
B)False
15
Global learning refers to the one-way transfer of skills and product offerings from home firm to foreign subsidiary, whereas transnational learning refers to the two-way transfer.
A)True
B)False







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