Question 1 6 points Save Answer Choose all the options from below that represent the motivations for a firm to take its operations global: Going global can help rms lower their cost of production by sourcing raw materials, labor and other resources from international markets at a lower price Firm has only a few products that it manufactures Going global can help the rm achieve economies of scope Going global can help the rm achieve economies of scale QUESCIOD 2 2 points Save Answer In the 'Domestic Stage' of global expansion, the firm is mainly focused on its domestic operations in its home country. It knows of the potential in the international market and may establish an export department to handle export of its products to a few places. True False Question 3 2 points Save Answer Which of the following is NOT a challenge associated specically with the global expansion plans of a rm? The rm must build a new and nice campus International environments can be more complex than domestic environment due to differences in economic development, language, culture, political systems, etc. There is an increased need for coordination across organizational units, which can become diffcult as the scale of operations increases and spreads across different countries Systems to transfer knowledge and innovation across the global enterprise can become complex and challenging to implement Question 4 Truly global organizations that have reached a global stage of international evolution usually do not have any one country as their 'home' country True False Questlon 5 2 points Save Answer In truly global or transnational firms that span many countries, coordination is achieved primarily through corporate culture, shared vision and values, & management style, rather than via formal structures & systems True False Question 6 2 points Save Answer By taking its operations global, a rm can boost the scale of its operations and thus achieve economies of scale by increasing its production and sales through international operations. True False Questlon 7 2 points Save Answer In the international stage of going global, the term 'Multidomestic' means competitive issues in each country are independent of other countries. In other words, the rm focuses on each country it operates in individually and treats them as independent and different markets. True False Question 8 2 points Save Answer In the multi-national stage of international evolution, the rm mainly focuses on its domestic market and manages its international operations through a small 'export' division True False