The International University – Vietnam National University – Hcmc
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THE INTERNATIONAL UNIVERSITY  – VIETNAM NATIONAL UNIVERSITY – HCMCFINAL  EXAMINATION Date: 18 October, 2013                                                Duration: 150 minutesStudent ID: ………………………….                         Name:…………………………………………SUBJECT: INTERNATIONAL STRATEGY AND POLICIESDean of School of BusinessSignature:Full name: Dr. Ho Nhut QuangLecturer Signature:[pic 1]Full name: Phan Trieu AnhGENERAL INSTRUCTIONS1. This is an open book examination2. No talking during the exam3. No mobile phone used during the exam4. Use of dictionary is allowedENJOY and GOOD LUCK!Multiple choice questions (30 points)1. An MNE with headquarters in Amsterdam possessing excellent knowledge of buying behaviors of Parisians can be said to haveLocation-bound advantageTransferable advantageLocation advantageRecombination capability 2. Recombination capability is said to be the most valuable FSA becauseIt is harder for competitor to understand and copyIt takes time to developIt is costly to developIt is very powerful3. Which of the following can be said as a core competence of Apple?Developing and patenting perfect designs that can be applied for phone, tablet, laptopDeveloping a new and quick processor used in each generation of phoneApplying lively colors to a new line of productsThe ability to customize languages used in its products4. Which of the following is not location advantage specified in Porter’s diamond?Availabity of foreign marketsIntensity of rivalryLevel of availability of companies in related industriesThe supply of skilled labor5. “Distance,” as Ghemawat suggested, may create Bounded rationality problemCompetitive advantageGood headquarters – subsidiary relationship Market similarity6. What did Bartlett and Ghoshal identify as inappropriate in MNEs’ strategies?DecentralizationIgnoring the dissimilarities of subsidiariesParticipatory decision-makingPriorities in resource allocation to host countries 7. An R&D lab located close to the critical market of an MNE is more likelyHome-base-influencingHome-base-exploitingHome-base-augmentingHome-base-supporting8. In Ferdows’ classification, and outpost facility should try to becomeServerLeaderContributorSource9. In a contract selling cars to a foreign customer, an MNE specified that they accept a lower price if the customer pay immediately.  The MNE did that to minimizeTranslation exposureTransaction exposureEconomic exposureForex exposure10. To avoid economic exposure, an MNE canBuy a lot of US dollarsEstablish a number of factories in a number of countriesFocus on one product onlySign contracts with those who accept US dollars11. Standardized product can help companies to

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