The focus on increasing profitability and profit growth by reaping the cost reduction that
come from economies of scale is ________.
A. global standardization strategy.
B. localization strategy.
C. transnational strategy
D. international strategy.

1 Answer

Answer :

A. global standardization strategy.

Related questions

Description : Which of the following is NOT a dimension of global strategy? a) Localization b) Coordination and configuration c) Standardization d) Integration

Last Answer : Localization

Description : In 90’s the global management perception was based on A. Standardization v/s adaptation B. Globalization v/s localization C. Global integration v/s Local Responsiveness D. Local responsiveness

Last Answer : Globalization v/s localization

Description : The International Monetary Fund is important because: A. It has sufficient financial resources to deal with a major global financial crisis. B. It has sufficient financial resources to help individual ... C. Emerging economies can exercise significant influence on it. D. It fixes exchange rates.

Last Answer : It has sufficient financial resources to help individual countries facing balance of payments problems

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 : 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 : Which is the right sequence of stages of Internationalization? a. Domestic, Transnational, Global, International, Multinational b. Domestic, International, Multinational, Global, Transnational ... , International, Transnational, Global d. Domestic, International, Transnational, Multinational, Global

Last Answer : Domestic, International, Multinational, Global, Transnational

Description : Which is the right sequence of a stages of Internationalization A. Domestic, Transnational, Global, International, Multinational B. Domestic, International, Multinational, Global, ... , International, Transnational, Global D. Domestic, Internatinal, Transnational, Multinational, Global

Last Answer : B. Domestic, International, Multinational, Global, Transnational

Description : Economies of Scale means reduction in (1) unit cost of production (2) unit cost of distribution (3) total cost of production (4) total cost of distribution

Last Answer : (1) unit cost of production Explanation: In microeconomics, economies of scale are the cost advantages that an enterprise obtains due to expansion. "Economies of scale" is a long run concept and refers ... in unit cost as the size of a facility and the usage levels of other inputs increase.

Description : Economies of Scale means reduction in (1) unit cost of production (2) unit cost of distribution (3) total cost of production (4) total cost of distribution

Last Answer : unit cost of production 

Description : Global economies of scale arise when: a) a product or a process can be globally performed using cheap labour. b) a product or a process can be performed more cheaply thanks to alliances ... a process can be performed more cheaply thanks to globally performed cross-business cost-saving activities.

Last Answer : a product or a process can be performed more cheaply at greater volume than at lesser volume.

Description : Multinational corporations is also referred to ____________. A. multinational collaboration. B. multinational entity. C. transnational corporation. D. multinational development.

Last Answer : C. transnational corporation.

Description : Promotion efforts are subject to a. economies of scale. b. increasing returns. c. diminishing returns. d. promotion expenditure. e. customer awareness.

Last Answer : c. diminishing returns.

Description : Which one of Which one of the following the following fits better fits better with a process focus? process focus? a. Skilled workers b. Standardization Standardization c. Specialized Specialized equipment equipment d. Little work-in-process work-in-process inventories

Last Answer : a. Skilled workers

Description : The transnational structure is: a) dominated by hierarchy. b) not dominated by hierarchy c) designed for vertically integrated international firm. d) appropriate for export firms.

Last Answer : appropriate for export firms.

Description : From the point of view of international business, an organization that enjoys competitive advantage in an industry has done so by: A. Focusing on long-term profit. B. Charging lower prices than competition. C. Creating superior value for customers. D. Constantly enlarging its marketing activities.

Last Answer : Creating superior value for customers.

Description : Which localization does not requre any previous informatiom A : Absolute B : Local C : Global D : Passive

Last Answer : C : Global

Description : Which localization does not requre any previous informatiom A : Absolute B : Local C : Global D : Passive

Last Answer : C : Global

Description : Artificial landmarks positioned exclusively for the functions of A : Robot localization B : Global localization C : Path finding D : Approximation location

Last Answer : A : Robot localization

Description : Which localization does not requre any previous informatiom A : Absolute B : Local C : Global D : Passive

Last Answer : C : Global

Description : A business is able to reduce total cost by spreading fixed costs across a wider range of products. This is known as…. A. Economies of Scope B. The Experience Curve C. Economies of Capacity D. Economies of Scale

Last Answer : Economies of Scale

Description : A business is able to reduce total cost by spreading fixed costs across a wider range of products. This is known as…. A. Economies of Scope B. The Experience Curve C. Economies of Capacity D. Economies of Scale

Last Answer : Economies of Scale

Description : Which of the following is necessary for a natural monopoly? a. economies of scale b. a high proportion of the total cost is the cost of capital goods c. the market is very small d. all of the above

Last Answer : d. all of the above

Description : The positively sloped part of long run cost curve of a firm is due to (a) Economies of scale ; (b) Diseconomies of scale; (c) Diminishing returns to scale ; (d) Marginal utility theory

Last Answer : (b) Diseconomies of scale;

Description : OSI model is a product of the Open Systems Interconnection effort at the ____: a) IBM b) ISO (International Organization for Standardization) c) WTO (World Trade Organziation) d) None of These

Last Answer : b) ISO (International Organization for Standardization)

Description : Am I reaping the same benefits from my workout if I split it into two parts (see details)?

Last Answer : Since the overall duration of your workout was extended because of the break you took in between, you probably had your heart rate up for longer than a usual workout… so I’d imagine you got a longer cardio workout along with more sustained calorie burning even if not by a lot.

Description : What is the reaping system and how is it unfair?

Last Answer : What is the answer ?

Description : The purpose of all good small business strategy is__________. A. to increase turnover. B. to increase profitability. C. to achieve competitive advantage. D. to achieve stated objectives.

Last Answer : D. to achieve stated objectives.

Description : What does the acronym ISDR stand for? a) International Significant Disaster Resources b) International Sustainable Development Report c) International Strategy for Disaster Reduction d) Intergovernmental Strategy for Developing Recreation

Last Answer : c) International Strategy for Disaster Reduction

Description : Low geographical concentration with High co-ordination suggests which International Strategy? A. Complex Export B. Multi-Domestic C. Simple Export D. Global Strategy

Last Answer : Global Strategy

Description : Low geographical dispersion with Low co-ordination suggests which International Strategy? A. Multi-Domestic B. Global Strategy C. Simple Export D. None of the above

Last Answer : Simple Export

Description : High geographical concentration with High co-ordination suggests which International Strategy? A. Global Strategy B. Complex Export C. Simple Export D. None of the above

Last Answer : Complex Export

Description : High geographical dispersion but Low co-ordination suggests which International Strategy? A. Simple Export B. Global Strategy C. Multi-Domestic D. None of the above

Last Answer : Multi-Domestic

Description : A global - as opposed to international - strategy involves: a) a wide variety of business strategies across countries. b) a single strategy for a subsidiary of a multinational firm. c) ... and partners. d) a wide variety of subsidiary strategies within the global network of subsidiaries

Last Answer : a single strategy for the entire global network of subsidiaries and partners.

Description : When Graphic Products decided to go international with its marketing effort, it adopted a totally global approach. Which one of the following factors did GP MOST likely experience difficulty with as the ... ? A) Branding B) Product characteristics C) Packaging D) Labeling E) Advertising

Last Answer : E) Advertising

Description : Levi Strauss markets its blue jeans in many countries, developing its marketing strategy as if the world is a single entity. This approach to selling a standardised product in many ... of international marketing? A)Exporting B)Accidental exporting C)International exporting D)Global marketing

Last Answer : D)Global marketing

Description : Economies of a firm are : (1) An increase in its profits (2) A reduction in its selling expenses (3) Its dominance of the market (4) Saving in it's production costs

Last Answer : (4) Saving in it's production costs Explanation: Economics of a firm includes how it combines labour and capital so as to lower the average cost of output, either from increasing, decreasing, or constant returns ... of a good or a service on a larger scale, yet with (on average) less input costs.

Description : Economies of a firm are : (1) An increase in its profits (2) A reduction in its selling expenses (3) Its dominance of the market (4) Saving in it’s production costs 

Last Answer : Saving in it’s production costs

Description : An appropriate combination of farm enterprises viz., cropping system, livestock, poultry, fisheries and the means available to the farmer to raise them for increasing profitability is called as

Last Answer : Ans.Farming system

Description : __________ is an intensive growth strategy of increasing sales in current markets with current products. A)Market development B)Market penetration C)Sales penetration D)Product development E)Market saturation

Last Answer : B)Market penetration

Description : With regard to the rate of return on investment (ROI), which one of the following statements is not valid ? (A) It is an overall indicator of the profitability of an enterprise (B) It is a ... superior measure compared to the cash flow generated per share (D) It was first developed by Dupont, USA

Last Answer : Answer: It is a superior measure compared to the cash flow generated per share

Description : The index of efficiency and profitability of the business a) Operating ratio b) Operating profit ratio c) Expense ratio d) Net profit ratio

Last Answer : b) Operating profit ratio

Description : Afford full diagnosis of the profitability and financial position a) Preparation of Profit and Loss Account b) Balance Sheet c) Final Accounts d) Analysis of financial statement

Last Answer : d) Analysis of financial statement

Description : Due to increasing air-borne allergens and pollutants, many people in urban areas are suffering from respiratory disorder that cause wheezing due to (a) reduction in the secretion of surfactant by ... of bronchi and bronchioles (d) proliferation of fibrous tissues and damage of the alveolar walls.

Last Answer : (c) inflammation of bronchi and bronchioles

Description : The Chairman of Unilever states that the world is just one big market. He feels anyone not taking this stance is systematically passing up profitable business. His approach MOST closely ... B)global marketing. C)export marketing. D)full-scale international marketing. E)export agenting

Last Answer : B)global marketing.

Description : What Economies of scale?

Last Answer : Reduction in cost per unit resulting from increased production, realized through operational efficiencies. Economies of scale can be accomplished because as production increases, the cost of producing each ... shiploads), tooling can be made and processes refined for larger production numbers, etc.

Description : If an industry is characterized by economies of scale then - (1) barriers to entry are not very large (2) long run unit costs of production decreases as the quantity the firm produces increases (3) ... of the large scale operation (4) the costs of entry into the market are likely to be substantial

Last Answer : (2) long run unit costs of production decreases as the quantity the firm produces increases Explanation: In microeconomics, economies of scale are the cost advantages that an enterprise obtains due to expansion ... in unit cost as the size of a facility and the usage levels of other inputs increase.

Description : Which of the following are drivers of Internationalization? A. Favourable Logistics B. Scale Economies C. All the above options D. None of these options

Last Answer : All the above options

Description : Using organization's existing under-utilized resources or capabilities (technologies, distribution channels, brands etc.) to new markets, products or services, is known as…. A. Economies of Scope B. The Experience Curve C. Economies of Capacity D. Economies of Scale

Last Answer : Economies of Scope

Description : New entrants to an industry are more likely when (i.e., entry barriers are low when…) A. It is difficult to gain access to distribution channels. B. Economies of scale in the industry are high. C. Product differentiation in the industry is low. D. Capital requirements in the industry are high.

Last Answer : Product differentiation in the industry is low.