true or false questions

1 True 3 4 Decision making is the process of choosing one alternative from among a set of alternatives in order to promote a specific objective- True False 2 Marketing aliances are relatively uncommon in the international airline industry, False Satisfied employees tend to be absent less often, make positive contributions, and stay with the organization." True False One disadvantage of exporting is the logistical complexities. True False 5 A formal management organization allows a joint venture to be broader in purpose, scope, and duration than other types of strategic alliances. True False 6 Liability of foreignness refers to the internalization advantages that make it desirable to produce a good or service in house. True False 7. Resource deployment answers the question: "How can different elements of our business benefit each other?". True False 8. Functional alliances are legally organized as joint ventures . True . False 9 When the licensor fully investigates market opportunities and the abilities of its licensees, licensing has a relatively low financial risk. True False 10. A differentiation strategy is not a commonly used business strategy. True False 11. A single business strategy increases the firm's vulnerability to its competition and to changes in the external environment. True False 12. Satisficing suggests that decision makers are constrained in their ability to be objective and rational by limitations of the human mind. True False 13. Extroversion describes the level of order and precision a person imposes on activities.. True False 14. Firms using a related business strategy operate in several unrelated industries and markets.. True False . . . . . . . . 15. Managers are less accountable to managers in the partner firms under assigned arrangement." True False 16. The low cost of coordinating the operations of related divisions is a primary advantage of related diversification. True False 17. People in passive goal behavior cultures tend to value money and other material rewards." True False 18. In a limited partnership, both firms assume full financial responsibility for the venture, regardless of the amount each has invested. True False 19. Shared management agreements are the most prone to conflict among partners." True False 20. Greenfield strategy is the most common form of international business activity." True False 21. The compatibility of software programs with the Windows operating system is an example of Microsoft's distinctive competency True False 22. When there is overcapacity in an industry, licensing is the best strategy False 23. The three basic forms of business strategy are differentiation, overall cost leadership, and focus True False 24. Firms following an unrelated diversification strategy typically experience more risk due to the inability to raise capital quickly. True False 25. A typically critical to a turnkey project is home government financing." True False 26. Countries concerned about the influence of foreign firms on their economies may require MNCs to work with a local partner to enter the market True False 27. Management contracts are attractive because they allow forms to earn additional revenues without incurring any investment risks or obligations True False 28. People from an individualistic and power-tolerant culture are more likely to have an external locus of control True False True . . . . . . 20. International turnkey projects are usually administered by large construction firms because they often involve large, complex, multiyear projects like the construction of a nuclear power plant, an airport, or an oil refinery." True False 30. Descriptive model of decision making recognizes that managers are influenced by bounded rationality True False