UNC Conboy

An internationalistic patronage theory, grounded In the work of Adam Smith and David Richard, that focuses on the Importance of comparative favor obtained through differences in natural or acquired economic advantages is referred to as a. sheer take theory b. Factor proportion theory c. Product life history cycle theory d. Competitive advantage theory 2. Paul Germans realist emplacement embraces which of the following conclusions a. Countries argue with each other much like companies compete with each other ND must therefore engage in similar strategic behaviors b.Government disturbance in the market Is often inbred due to imperfections that allow for the formation of monopolies and oligopolies In lucrative Industry segments c. economical growth In one country must come at the expense of economic growth in another, therefore countries must entertain domestic Industry in many instances d. Market imperfections due in fact exist, but the prospects for improving the situati on through strategic make do policy is overstated by those in favor of government intervention 3.Cluster theory suggests that companies obtain resources as a closure of geographic propinquity to other related and accessary Industries chiefly as a result of a. Information spillovers b. Lower shipping be c. Region specific subsidies d. penetration to a common labor pools 4. A theory of Internationalization, observed In the wine Industry In the assigned readings, that focuses on the development of relationships mingled with producers, suppliers, competitors, and government to obtain information and resources necessary to complete globally is referred to as a. Pascal illustration b. Network model .Innovation model d. Leverage model 5. Michael Porters Diamond Model focuses on all of the following, EXCEPT a. The Importance of International aspiration to drive technological Innovation b. C. Sophisticated domestic occupy that encourages new product and service development d. The p resence of related and supportive industries in the domestic market 6. Mercantilism refers to policies and practices designed to a. Encourage international trade through the creation of innovative products and services b. Remove restrictive and economic barriers to international competition c.Create a trade surplus by subsidizing domestic firms and limiting foreign competition d. Discourage all international trade to promote national independence and self- sufficiency 7. An international trade theory, grounded in the work of Wassail Limonite, that focuses on trade cycles emerging from drudgery initially by a parent company, then by a foreign subsidiary, and ultimately by foreign competitors is referred to as a. Classical trade theory d. Competitive advantage theory 8. Advocates of Porters Diamond Model study governments should support mommies industries by engaging in which of the following activities a.Subordination of industries of national importance to improve their competit ive position b. Imposition of barriers to prevent foreign competitors from entrance domestic markets c. Provision of supportive public infrastructure and education need to support emerging industries d. The government should play no role in supporting or developing domestic industries 9. Cluster theory focuses primarily on the creation of competitive advantage through a. Ongoing investing in research and development to encourage innovation b.Intense price competition designed to bring down the cost of products and services c. Transportation costs associated with bringing goods and services to market d. Interactions between geographic concentrations of interconnected companies 10. The slip of paper study of wine clusters indicates that firms in this industry located in some(prenominal) Brazil and France have effectively leveraged which of the following cluster resources to facilitate the internationalization process a. Affordable input costs b. Regional reputation and finis c. Manufacturing expertise d. Labor spillovers