Free L6M2 – Global Commercial Strategy Practice Test Question

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• ○ Competing across international markets
• ○ Selling only in home market
• ○ Buying only from local suppliers
• ○ Avoiding all foreign competition

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• ○ Avoid all business risk
• ○ Access markets and resources
• ○ Escape all regulation permanently
• ○ Guarantee higher profit margins

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• ○ Buying only nearest suppliers
• ○ Selling worldwide to customers
• ○ Buying worldwide for advantage
• ○ Manufacturing everything in house

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• ○ How price domestic products
• ○ How recruit local staff
• ○ How design office layouts
• ○ How enter foreign markets

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• ○ Shared ownership foreign partner
• ○ Wholly owned foreign subsidiary
• ○ Exporting through local agent
• ○ Licensing brand to others

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• ○ Complete supply chain certainty
• ○ Exposure to distant disruption
• ○ Stable currency values always
• ○ Uniform global regulation everywhere

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• ○ Access to new customers
• ○ Lower cost supply bases
• ○ Avoidance of all competition
• ○ Guaranteed exchange rate stability

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• ○ Identical consumer tastes globally
• ○ Cultural differences between markets
• ○ Single worldwide labour law
• ○ Legal systems varying nationally

Answer is in the explanation below.

Answer is in the explanation below.

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• ○ Elimination of cultural issues
• ○ Freedom from foreign law
• ○ Economies of scale achieved
• ○ Spread of market risk

Answer is in the explanation below.