1. The product life-cycle theory argues that the developing nations will not produce a product if the product is highly standardized.
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True / False Questions If false, explain or correct it.
1. The product life-cycle theory argues that the developing nations will not produce a product if the product is highly standardized.
2.Those who work in the international environment find that decision making is more complex than it is in a purely domestic environment.
3. Countertrade is an efficient form of trade. It creates more value for both importers and exporters.
4. Unlike joint ventures, strategic alliances require the firm to bear all the costs and risks of foreign expansion.
5. Religion is not an important aspect of culture in countries that are secular where the church and state are split.
6. In a worldwide product divisional structure, each division is a self-contained, largely autonomous entity with full responsibility for its own value creation activities.
7. The need for coordination between units is greatest in firms pursuing a localization strategy.
8. New processes that might lead to a competitive advantage can be developed anywhere within the organization's global network of operations.
9. Licensing is especially suitable for large firms with huge financial and managerial resources for direct investment abroad.
10. For the same product, different companies can successfully follow different strategies.
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