Home / Questions / .Laws that make it illegal for an exporter to sell goods below cost abroad with the intent
.Laws that make it illegal for an exporter to sell goods below cost abroad with the intent to raise prices after eliminating local rivals are called _____ laws.
a.collusion
b.antidumping
c.antitrust
d.anticartel
22._____ is defined as a plan to raise prices after eliminating local rivals.
a.Dumping
b.Dodging
c.Collusion
d.Forbearing
23.Which combination of resource similarity and market commonality results in the most intense competition?
a.High resource similarity, low market commonality
b.Low resource similarity, high market commonality
c.Low resource similarity, low market commonality
d.High resource similarity, high market commonality
24.Which combination of resource similarity and market commonality results in the least intense competition?
a.High resource similarity, low market commonality
b.Low resource similarity, high market commonality
c.Low resource similarity, low market commonality
d.High resource similarity, high market commonality
25._____ is defined as the extent to which a given competitor possesses strategic endowment comparable, in terms of both type and amount, to those of the focal firm.
a.Mutual forbearance
b.Game theory
c.Resource similarity
d.Collusion
26.Which of the following sets of words describes the initial set of actions a firm uses to gain competitive advantage and the other firm's response to it?
a.Tacit collusion, explicit collusion
b.Competition, cooperation
c.Attack, counterattack
d.Cooperation, signaling
27.Blue ocean strategy focuses on _____.
a.developing new markets
b.attacking core markets defended by rivals
c.attacking new markets explored by rivals
d.leading a price war
28.A thrust on rivals’ core markets likely to result in a bloody price war is referred to as _____.
a.a red ocean
b.a blue ocean
c.mutual forbearance
d.cross-market retaliation
29.____ best suits situations where the pressures to globalize are relatively low, and local firms' strengths lie in a deep understanding of local markets.
a.Defender strategy
b.Extender strategy
c.Dodger strategy
d.Contender strategy
30.____ is the strategy that focuses on a firm engaging in rapid learning and then expanding overseas.
a.Defender strategy
b.Extender strategy
c.Dodger strategy
d.Contender strategy
31.____ centers on cooperating through joint ventures with MNEs and sell-offs to MNEs.
a.Defender strategy
b.Extender strategy
c.Dodger strategy
d.Contender strategy
32.If a firm is operating in an environment with a high pressure for globalization, which of the following is the most preferred strategy?
a.Defender strategy
b.Extender strategy
c.Dodger strategy
d.Collusion strategy
33.If globalization pressures for a firm are relatively low, and if the firm has skills and assets that are transferable overseas, which of the following is the best strategy for the firm to use?
a.Defender strategy
b.Extender strategy
c.Dodger strategy
d.Contender strategy
34._____ strategy centers on leveraging home-grown competencies abroad.
a.Contender
b.Extender
c.Defender
d.Dodger
35.If a firm is operating in an environment that is customized to home market, which of the following is the most preferred strategy?
a.Collusion strategy
b.Dodger strategy
c.Extender strategy
d.Contender strategy
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