1. Franchising does not have much the same advantages as licensing.

Select one:

a.True

b.False

2. Unrelated businesses have very similar value chains and resource requirements, but with no competitively important cross-business relationships at the value chain level.

Select one:

a.True

b.False

3. Joint ventures are generally the last durable of the entry options

Select one:

a.True

b.False

4.When the costs of shipping the product to distant foreign markets are relatively high, a firm can employ an import strategy to mitigate the costs

Select one:

a.True

b.False

5.Strategic Options to Improve a Companys Market Position is an example of competitive attack strategy

Select one:

a.True

b.False

6.Under ethical universalism, there can be no one-size-fits-all set of authentic ethical norms against which one may gauge the conduct of company personnel.

Select one:

a.True

b.False

7.Vertical integration strategies can aim at full integration or partial integration.

Select one:

a.True

b.False

8.A joint venture can be too risky to pursue an opportunity that is uneconomical for a single organization to pursue alone.

Select one:

a.True

b.False

9. Key targets for an offensive attack include runner-up firms with weaknesses in areas where the challenger is strong.

Select one:

a.True

b.False

10. An acquisition is often the only way to overcome entry barriers to foreign markets, such as trade barriers or access to distribution.

Select one:

a.True

b.False