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45 Cards in this Set

  • Front
  • Back
Successful performance can be achieved in 3 ways:
Effectiveness
Efficiency
competitive strength
This is characterized by acquisition of market share abroad and by increased sales:
Effectivesness
___is manifest by rising profitability.
Efficiency
___is reflected by increased market share.
Competitive strength
If a unsolicited orders or other international market stimuli continue over time, a firm may gradually become a ___
partially interested exporter
what is the first obvious reason a firm's management decide to go international?
- determination and commitment to succeed
A good indication of the degree of corporate commitment is:
the nature of organizational structure
___ motivations represent stimuli to attempt strategic change.
proactive
___ motivations influence firms that are responsive to environmental changes and adjust to them by changing their activities over time.r
reactive
__ go international because they have to
____ go international because they want to.
Reactive
Proactive
__ is the strongest motivator in proactive motivation
profitablity
The second major motivator results from___
distinctiveness of the firm's products or from a unique technological advantage.
_____ is another proactive stimulus of proactive motivation
Exclusive market information
___ have historically also played a major motivating role
Tax benefits
In the US, a tax mechanism called the Exterritorial Income (ETI)Tax Exlusion provides:
exporting firms with certain tax deferrals making international marketing activities potentially more profitable.
____ will play a decreasing role in future motivations to export. major proactive motivation
tax benefits
A final major proactive motivation is:
economies of scale
A prime form of reactive motivations is __
the reaction to competitive pressures.
___ can serve as a major reactive motivation.
overproduction
Like Overproduction, ___ can also be a powerful motivation in reactive.
Excess capacity
A final major reactive motivation is___
proximity to customers and ports
____ can often play a major role in the export activities of the firm.
physical closeness to the international market
Geographic closeness to foreign markets may not necessarily translate into real or perceived closeness to the foreign customer
psychological proximity
The clearest difference between proactive and reactive firms centers around:
how they originally entered international markets.
The most successful exporters tend to be:
motivated by proactive factors in their general business operations as well as their international activities.
Which of the two (proactive or reactive) are more likely to be more service oriented?
proactive firms
Which of the two (proactive or reactive) are more likely to be marketing and strategy-oriented?
proactive firms
For change to take place in a firm what must happen first?
someone or something within the firm must initiate it and shepherd it through to implementation.
3 internal change agents in the internationalization process:
Enlightened management
new management
significant internal event
7 external change agents in the internationalization process:
demand
other firms
domestic distributions
banks
chambers of commerce
governmental activities
export intermediaries
The individual that initiates the change in a firm is called the:
change agent
A primary change agent internal to the firm is:
enlightened management
The key factor leading to such performance-enhancing enlightenment is the:
international experience and exposure of management
A second set of major internal change agents consists of:
new management or new employees
An example of a new employee who firmly believes that the firm should undertake exporting may find ways to motivate management is what kind of internal change agent?
significant internal event
The primary outside influence on a firm's decision to become international is:
foreign demand
examples of foreign demand are:
inquiries from abroad, unsolicited orders
what can be valuable and worthwhile to develop easily that captures the attention of management?
information that an executive in a competing firm considering international markets
A third, quite influential, change agent consists of:
domestic distributions
How can banks and other service firms serve as a major change agent?
by alerting domestic clients to international opportunities.
How do Chambers of commerce and other business associations interact?
they interact with firms locally and can frequently heighten exporting interests.
How can governmental efforts serves a major change agent?
they encourage exports..
Proactive motivations are initiated by the firm's management and can consist of:
- a profit advantage
- technological advantage
- product advantage
- exclusive market info
- managerial urge
Reactive motivations are the response of:
- managagement to environmental
- changes and pressures
New parameters for tools and techniques
tariff
exchange rate
transportation
documentations