1. Which of the following is NOT a situation where bargaining power of suppliers becomes stronger?
There are few dominant suppliers.
Suppliers provide unique, differentiated products with few substitutes
The focal firm is not an important customer to suppliers.
Suppliers provide the focal firm with commodity.
Suppliers have abilities to conduct forward integration.
2. Which of the following is NOT TRUE about multi-domestic strategy?
Focuses on a number of foreign countries/regions.
Each foreign country is regarded as a stand-alone “domestic” market.
It is effective when there are clear differences among national and regional markets.
A multi-domestic strategy incurs high costs.
It is also called a global standardization strategy.