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Strategic planning is conducted at the highest levels of management and deals with products, capital, research, and long-term and short-term goals of the company.

A) True
B) False

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Building a strategic international alliance (SIA) takes several steps to be successful. The first step in building strategic alliances is called "dating."

A) True
B) False

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_____ planning integrates generalized goals for the enterprise as a whole.


A) Operational
B) Tactical
C) Corporate
D) Strategic
E) Personnel

F) A) and B)
G) B) and C)

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Franchising is a rapidly growing form of licensing in which the franchiser provides a standard package of products, systems, and management services, and the franchisee provides market knowledge, capital, and personal involvement in management.

A) True
B) False

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Which of the following subjects is explored after developing information in the international planning process?


A) Company character.
B) Home-country constraints.
C) Geography.
D) Host-country constraints.
E) The mode of entry.

F) A) and E)
G) B) and C)

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With indirect exporting, the company sells to a customer in another country.

A) True
B) False

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With respect to global marketing management, the argument for market segmentation in the 1980s was framed as _____.


A) globalization versus localization
B) standardization versus adaptation
C) adaptation versus one-to-one marketing
D) globalization versus one-to-one marketing
E) standardization versus localization

F) A) and B)
G) C) and E)

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The Harry Johnson Tractor Company wishes to expand its presence in the Eastern European countries. Toward that end, it has selected the countries where it will market its products. It has also selected a mode of entry. It is now in the process of implementing specific plans. Which of the following phases of the international planning process is the Harry Johnson Tractor Company currently in?


A) Phase 1
B) Phase 2
C) Phase 3
D) Phase 4
E) Phase 5

F) A) and B)
G) A) and E)

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Which of the following primary relationship activities in building strategic alliances involves facilitating the creation of personal relationships at many levels, traveling to partner facilities and engaging in technical conversations, and blending social and business time?


A) Imaging
B) Initiating
C) Interfacing
D) Dating
E) Committing

F) A) and E)
G) C) and D)

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At which stage of the international planning process would a marketing manager conduct situation analysis and make decisions involving objectives and goals, budgets, and action programs?


A) Adapting the marketing mix to target markets.
B) Developing the marketing plan.
C) Matching company and country needs.
D) Implementation and control.
E) Defining company objectives and resources.

F) A) and D)
G) C) and E)

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Which of the following relationship skills is necessary during the imaging activity stage of building a strategic alliance?


A) Good relationship self-awareness
B) Creating intimacy
C) Trust building
D) Partnering
E) Commitment

F) None of the above
G) A) and E)

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Discuss the differences between corporate, strategic, and tactical planning.

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Corporate planning is essentially long t...

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Which of the following forms of business relationships lets a company grant patent rights, trademark rights, and the rights to use technological processes to another company in a foreign country?


A) Licensing
B) Exporting arrangements
C) Joint ventures
D) Consortia
E) Strategic understandings

F) C) and E)
G) B) and C)

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_____ requires no equity investment and thus has a low risk, low rate of return, and little control.


A) Licensing
B) Indirect exporting
C) Direct exporting
D) Internet marketing
E) Franchising

F) A) and E)
G) D) and E)

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Analysis of which of the following factors is carried out in Phase 2 of the international planning process?


A) Company character
B) Budgets
C) Situation analysis
D) Advertising
E) Standards

F) A) and B)
G) A) and C)

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List the four phases of the international planning process.

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The four phases are: (a) Phase 1-Prelimi...

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An advantage of a matrix organization structure in international business is that it permits management to respond to the conflicts that arise among functional activity, product, and geography.

A) True
B) False

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Which of the following is true about international corporate planning?


A) It deals with a company's products, capital, and research.
B) It addresses marketing and advertising questions.
C) It refers to the plans that are made at the local level.
D) It incorporates generalized goals for the enterprise as a whole.
E) It deals with the tactical issues of marketing.

F) D) and E)
G) A) and E)

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Describe the two basic contractual agreements that most companies follow in their attempt to enter a foreign market.

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Contractual agreements generally involve...

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To be a success in the marketplace today, the best companies will focus on country as the primary segmentation variable.

A) True
B) False

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