Which of the following is not true of changes in a firm's technological environment?
A. New technology allows for new ways of communicating with a firm's customers.
B. New technology always leads to benefits for firms.
C. New technology can allow new goods and. services to be developed.
D. New technology lowers the production learning curve.

1 Answer

Answer :

New technology always leads to benefits for firms.

Related questions

Description : The internet facilitates globalization by: A. Making it more difficult to contact potential customers abroad. B. Cutting the cost for firms of communicating across borders. C. Making it harder to ... Making it easier for governments to censor the information received by their citizens from abroad.

Last Answer : Cutting the cost for firms of communicating across borders.

Description : A tariff is: A. Restriction on the number of export firms B. Limit on the amount of imported goods C. Taxation on imports D. (b) and (c) as mentioned above

Last Answer : Taxation on iTaxation on importsmports

Description : Which of the following statements is not true when describing a successful strategy? A. It provides some property that is unique or distinctive B. It provides the means for renewing competitive advantage C. It addresses changes in the external environment D. It guarantees long term survival

Last Answer : It provides the means for renewing competitive advantage

Description : Buying and selling of products and services from firms in other countries is called A. importing and exporting B. regional alliances C. national alliances D. international alliances

Last Answer : importing and exporting

Description : Which of the following is a driver of globalization? A. Trade barriers and controls on inflows of foreign direct investment. B. Weak competition. C. Technological advance. D. Economies of scale are being exploited to the maximum.

Last Answer : Trade barriers and controls on inflows of foreign direct investment.

Description : Firm that operate internationally are able to A. earn a greater return from their skills and core competencies B. realize location economies where they can be performed most efficiently C. realize greater experience curve economies, which reduces the cost of production D. All the above

Last Answer : All the above

Description : As a part of WTO guidelines, Agreement on Agriculture (AOA) doesn't consider A. Direct payments to farmers are permitted. B. Indirect assistance and support to farmers including R & D support by govt. are ... and trade have to be cut back. D. Least developed countries do not need to make any cuts.

Last Answer : Indirect assistance and support to farmers including R & D support by govt. are not permitted.

Description : Globalization is beneficial for firms because: A. It protects them against foreign competition. B. It cushions them from the effects of events in other countries. C. It opens up new market opportunities. D. It increases the risk and uncertainty of operating in a globalizing world economy.

Last Answer : It opens up new market opportunities.

Description : It was recognized in the 1990s that physical assets are not the only thing that needs to be included in the valuation of a firm. In Europe, firms also included a supplement detailing the: A. Goodwill B. Intellectual capital C. Brand reputation D. Knowledge

Last Answer : Intellectual capital

Description : Hofstede found that some countries have a long-term orientation while others focus on the short term. His results mean that: A. US business would be happy to invest in nuclear power and space ... from ten-year investment projects. D. Indian business is impatient for a return on its investments.

Last Answer : British businesses prefer investments with a quick return.

Description : The principal-agent problem is concerned with: A. Procurement B. Appropriation of shareholders' investment by a firm's managers C. How to control a firm's distributors and dealers D. Corporate social responsibility

Last Answer : Corporate social responsibility

Description : The principal-agent problem is concerned with: A. Procurement B. Appropriation of shareholders' investment by a firm's managers C. How to control a firm's distributors and dealers D. Corporate social responsibility

Last Answer : Corporate social responsibility

Description : Holistic approach of total organization needs allows projects to be staffed and scheduled in order to A. Replace System Performance B. Minimize System Performance C. Maximize System Performance D. Optimize System Performance

Last Answer : Optimize System Performance

Description : When there are several projects are executing simultaneously, matrix organization allows a better companywide A. Balance of resources B. Prioritized resources C. Balanced capital D. Unbalanced resources

Last Answer : Balance of resources

Description : The primary stakeholders are: A. Customers. B. Suppliers. C. Shareholders. D. Creditors.

Last Answer : Shareholders.

Description : Tendency to which experiences of potential customers fits with innovation is called A. relative advantage B. divisibility C. communicability D. compatibility

Last Answer : compatibility

Description : Tendency to which experiences of potential customers fits with innovation is called A. relative advantage B. divisibility C. communicability D. compatibility

Last Answer : compatibility

Description : Terms of trade of a country show A. Ratio of goods exported and imported B. Ratio of import duties C. Ratio of prices of exports and imports D. (a) and (c) as given above

Last Answer : Ratio of prices of exports and imports

Description : Terms of trade of developing countries are generally favourable because A. They export primary goods B. They import value added goods C. They export few goods D. Both (a) and (b)

Last Answer : Both (a) and (b)

Description : Trade between two countries can be useful if cost ratio of goods are A. Equal B. Different C. Undetermined D. Zero

Last Answer : Different

Description : Quantitative restrictions refer to limit set by countries to curb A. Measures that affect trade in goods. B. Measures that lead to restrictions in quantities. C. Discouraging measures that limit a company’s imports. D. Discouraging measures that limit a company’s exports.

Last Answer : Discouraging measures that limit a company’s exports.

Description : According to the textbook, the most valuable framework to help managers better understand differences between national cultures was developed by ______________. A. Milton FriedmanB. Michael Porter C. Geert Hofstede D. Abraham Maslow

Last Answer : Geert Hofstede

Description : Subsidiaries consider the regional environment for policy or Strategy formulation is known as _____. a. Polycentric Approach b. Regiocentric Approach c. Ethnocentric Approach d. Geocentric Approach

Last Answer : Regiocentric Approach

Description : An environment which is increasingly complex and turbulent displays: A. More orderly competition. B. A reduced risk of product obsolescence. C. More predictable demand. D. Increased speed of innovation.

Last Answer : Increased speed of innovation.

Description : In a global market place Managers must A. deals with economic, political and cultural differences B. expect competitors to suddenly appear at any time from any place C. not to take specific differences of local environment into consideration D. A and B

Last Answer : A and B

Description : Which of the following is NOT a business opportunity generated by globalization? A. Access to low cost labour. B. Cheap International transport. C. Currency crises. D. Less stringent regulation of the business environment.

Last Answer : Cheap International transport.

Description : An environment which is increasingly complex and turbulent displays: A. More orderly competition. B. A reduced risk of product obsolescence. C. More predictable demand. D. Increased speed of innovation.

Last Answer : More orderly competition.

Description : In macro environment, 'pressure groups' and 'government agencies' are part of A. the cultural environment B. the demographic environment C. the economic environment D. the political environment

Last Answer : the political environment

Description : Subsidiaries consider regional environment for policy / Strategy formulation is known as A. Polycentric Approach B. Regio centric Approach C. Ethnocentric Approach D. Geocentric Approach

Last Answer : Polycentric Approach

Description : The authors believe there are three tests that can be applied to judge whether a strategy is 'good'. These are: A. Fit, distinctiveness, sustainability B. Fit, internal ... , external environment C. Distinctiveness, internal resources, fit D. Sustainability, distinctiveness, external environment

Last Answer : Fit, internal resources, external environment

Description : In macro environment, 'pressure groups' and 'government agencies' are part of A. the cultural environment B. the demographic environment C. the economic environment D. the political environment

Last Answer : the political environment

Description : Subsidiaries consider regional environment for policy / Strategy formulation is known as A. Polycentric Approach B. Regio centric Approach C. Ethnocentric Approach D. Geocentric Approach

Last Answer : . Polycentric Approach

Description : The authors believe there are three tests that can be applied to judge whether a strategy is 'good'. These are: A. Fit, distinctiveness, sustainability B. Fit, internal ... , external environment C. Distinctiveness, internal resources, fit D. Sustainability, distinctiveness, external environment

Last Answer : Fit, internal resources, external environment

Description : Anything outside a system (the project) that can affect or be affected by system, is known as A. Environment B. Medium C. Channel D. Boundary matrix

Last Answer : Environment

Description : In a global market place Managers must A. deals with economic, political and cultural differences B. expect competitors to suddenly appear at any time from any place C. not to take specific differences of local environment into consideration D. A and B

Last Answer : . A and B

Description : Which of the following is NOT a business opportunity generated by globalization? A. Access to low cost labour. B. Cheap International transport. C. Currency crises. D. Less stringent regulation of the business environment.

Last Answer : Currency crises.

Description : What is the purpose of the CAGE framework? a) The CAGE framework investigates to what extent home demand, home factor conditions and domestic rivalry are important to multinational firms. ... d) The CAGE framework a checklist for forecasting political, economic, strategic or technological factors.

Last Answer : The CAGE framework analyses bilateral differences and commonalities between two countries.

Description : Marketing management is ________. A. Managing the marketing process B. Monitoring the profitability of the company's products and services C. Selecting target markets D. Developing ... , keeping, and growing customers through creating, delivering, and communicating superior customer value

Last Answer : E. The art and science of choosing target markets and getting, keeping, and growing customers through creating, delivering, and communicating superior customer value

Description : Market requirements describe the A)customer needs or desired benefits. B)size of the market necessary to justify expenditures. C)events and relationships in a company's outside environment. ... and the particular competencies of competing firms. E)distinctive competencies that a firm has developed.

Last Answer : A)customer needs or desired benefits.

Description : When a firm seeks the benefits of global integration and local adaptation, it is best described as which type of strategy? A. Transnational B. Global C. Multi-national D. Global-local

Last Answer : Transnational

Description : When a firm seeks the benefits of global integration and local adaptation, it is best described as which type of strategy? A. Transnational B. Global C. Multi-national D. Global-local

Last Answer : Transnational

Description : The most formal definition of marketing is ________. A. Meeting needs profitably B. Identifying and meeting human and social needs C. The four Ps (product, price, place, promotion) D. ... ways that benefit the organization and its stakeholders. E. Improving the quality of life for consumers

Last Answer : D. An organizational function and a set of processes for creating, communicating, and delivering value to customers and for managing customer relationships in ways that benefit the organization and its stakeholders.

Description : Which of the following statements about technological forces in international marketing is TRUE? A)Television advertising can be used universally throughout the world. B)Much of the technology used in ... always a viable option. D)Technology is generally not a problem in international marketing.

Last Answer : B)Much of the technology used in industrialised regions of the world may be ill-suited for developing countries.

Description : Which of the following statements is false? Electronic commerce: A. can allow new ventures to compete on more or less equal terms with large firms. B. can lead to small businesses having reduced contact ... C. is rarely used in small businesses. D. is used in many different industries and markets.

Last Answer : C. is rarely used in small businesses.

Description : ______ is the application of knowledge which redefines the boundaries of global business. a. Cultural Values b. Society c. Technology d. Economy

Last Answer : Technology

Description : Previously, when a high-technology project was undertaken by a firm, it would start its journey through firm in A. Manufacturing department B. Functional department C. Execution Department D. R & D department

Last Answer : R & D department

Description : According to Heckscher and Ohlin theory, what is considered in international Business? A. Difference in factor endowments B. Difference in markets C. Difference in technology D. Difference in ideology

Last Answer : Difference in factor endowments

Description : The fact that organisational customers purchase products to be used directly or indirectly in the production of goods and services to satisfy customers' needs means that demand for industrial products is: A)joint B)economically stable C)derived D)inelastic E)more fluctuating

Last Answer : C)derived

Description : Which of the following factors does the macro-environment not include? A. political and regulatory factors. B. customer needs in a given market. C. social and demographic factors. D. technological changes.

Last Answer : B. customer needs in a given market.