NB: PLEASE ANSWER ALL 5 (FIVE) TRUE OR FALSE QUESTIONS

6. Universal ethical norms cannot take precedence over local ethical norms due to local guiding principles

Select one:

a.True

b.False

7. Blue ocean strategy views the business universe as consisting of two distinct types of market space

Select one:

a.True

b.False

8. Factor Conditions describes the availability, quality and cost of raw materials and other inputs that firms require to produce their products and services

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

Select one:

a.True

b.False