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1. T/F Responding to pressures to be locally responsive does not require a company to differentiate its products and marketing strategy.
2. T/F In today’s global environment, rivalry is understood by examining what happens only within the boundaries of a company’s home country is sufficient strategy in countering competitive threats.
3. T/F Companies that compete in today’s global marketplace typically face sevreral types of competitive pressures, including cost reductions and expanding globally.
4. T/F As for the globalization of production, increases are being seen as companies take advantage of lower barriers to international trade and investment to disperse important parts of their production process around the globe.
5. T/F A company can choose to enter new industries that may or may not be connected to its existing industry by pursuing a vertical integration (6)
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