International Business Strategies (AQA A-Level Business): Quizzes
📚Quizzes
Practise the questions
10 questions from this quiz
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Practise the questions
10 questions from this quiz
What are the two key pressures in Bartlett & Ghoshal's framework for international business strategies?
What are the two key pressures in Bartlett & Ghoshal's framework for international business strategies?
Local responsiveness & cost reduction
Which strategy suits similar markets to home with low pressure to reduce costs?
Which strategy suits similar markets to home with low pressure to reduce costs?
International strategy
In a multidomestic strategy, how is knowledge shared between different branches of the business?
In a multidomestic strategy, how is knowledge shared between different branches of the business?
Knowledge won't be shared between branches
Which strategy maximises efficiency by treating the world as one large market?
Which strategy maximises efficiency by treating the world as one large market?
Global strategy
Which strategy is most sophisticated and difficult to implement?
Which strategy is most sophisticated and difficult to implement?
Transnational strategy
When should a multinational adopt a centralised management approach?
When should a multinational adopt a centralised management approach?
When countries have similar laws & cultures
Which finance functions are typically done at a central location in a multinational?
Which finance functions are typically done at a central location in a multinational?
Making budgets, managing debts & assets
How should marketing position products differently in developed vs developing countries?
How should marketing position products differently in developed vs developing countries?
Ethical nature vs functionality
For standardised global products, how should manufacturing facilities operate?
For standardised global products, how should manufacturing facilities operate?
Coordinated with same materials & machinery
When are language barriers a bigger problem for multinationals?
When are language barriers a bigger problem for multinationals?
If the business structure is centralised