MDIST_GBD_6_7

What are the three OLI conditions for internationalisation?

• Ownership, Location, Internationalisation

• Ownership, Licensing, Integration

• Organisation, Logistics, Integration

• Operation, Logistics, Internationalisation

What is an example of an Ownership Advantage?

• Low-skilled labor

• Patent on a product

• Reduced tariff costs

• Proximity to suppliers

When would a company most likely engage in vertical foreign direct investment?

• To save on transportation costs

• To reduce labor costs in production

• To establish a local brand

• To integrate headquarters' values

Which staffing approach involves hiring from the host country?

• Ethnocentric

• Polycentric

• Geocentric

• Homocentric

The ethnocentric approach is characterized by:

• Local hiring for all roles

• A balance between host and home nationals

• Hiring from the parent company's country

• Focusing only on global standards

Which of the following is a feature of the geocentric staffing approach?

• Focuses solely on the home country culture

• Employs the best talent globally, regardless of nationality

• Emphasizes differences in host country cultures

• Only hires expatriates for leadership roles

What type of strategy involves little global integration and low local responsiveness?

• Multidomestic

• Global

• Transnational

• International

Which strategy aims for high global integration and high local responsiveness?

• Multidomestic

• Global

• Transnational

• International

A company using a multidomestic strategy typically:

• Offers standardized products globally

• Centralizes operations at headquarters

• Customizes products for local markets

• Focuses on economies of scale

What is the first step in environmental analysis?

• Forecasting

• Monitoring

• Scanning

• Assessing