Question

Which of the following questions would help an organization determine the favorability of the economic factors for business expansion in a PESTEL analysis? Question 15 Not yet answered Marked out of 1.00 Flag question Select one: a. What are the local taxation policies? How do these affect your business? b. What are the local employment levels per capita, and how are they changing? o c. What pending legislation could affect corporate social policies? d. What is the level and distribution of education and income? e. What is the level of consumerism, and what are the popular attitudes toward it? Dell found that it had to suspend its direct model in India for a temporary period because it needed local intermediaries to help develop both a base of business and acceptable levels of customer awareness and sophistication. This is an example of Question 16 Not yet answered Marked out of 1.00 Flag question Select one: a diversification. b. an organization operating in a flat world. C. international strategy accommodating local environments d. an organization increasing its horizontal scope. e. a cost-leadership strategy Which of the following statements holds true for open innovation? Question 17 Not yet answered Marked out of 1.00 Flag question Select one: a. It refers to companies setting up joint collaborative ventures with rival organizations to make improvements in the manufacturing process. b. It refers to the innovation which is not patented by the organization and is offered for free for the common people to use c. It refers to the implementation of a new or significantly improved process. d. It refers to companies setting up joint collaborative ventures with governmental organizations to make improvements in the manufacturing process. e. It refers to the generation of new business ideas through input from employees beyond a company's R&amp:D department and even going outside the firm to enlist contributions from experts, customers, suppliers, and competitors. A is a bond that is sold simultaneously in several global financial centers and is denominated in one currency, usually U.S. dollars or euros. Question 18 Not yet answered Marked out of 1.00 Flag question Select one: a. Eurobond b. Yankee bond c. dragon bond d. samurai bond e. global bond

Answer 1

15. a

PESTEL analysis is a framework of macro-environmental factors that are used in strategic management. PESTEL - Political, Economic, Social, Technological,  Environmental and Legal.

Most important of all for the organisation to determine favorable economic factors for business expansion shall be the political conditions.

16. c

The firm wants to develop base of business and acceptable levels by consumers using the local intermediaries. Since the use of locals to understand and implement program for the consumers is done it is an example of international strategy accommodating local environment.

Diversification on the other hand means the allocation of capital in a way that reduces risk.

Horizontal scope/integration means to take over a company that operates at the same level of value chain.

Cost leadership involves managing cost and efficiencies to produce at below avg industry cost.

17. e

Open innovation is the term used to promote information and RnD using both internal and external knowledge and technology.

18. e

Global bond is a type of bond that can be traded in domestic or European market simultaneously in different markets.

Euro bonds are not traded in the denomination of country issuing the bond.

All other bonds mentioned are traded on specific currencies except USD or Euro.

19. a

In the Structural-Separation Approach of organizational intrapreneurship the firm sets up a new internal venture division which actually acts like business incubator providing solution and expertise to develop new opportunities.

20. c

Greenfield venture is a type of venture where the company establishing a new, wholly owned subsidiary from scratch.

Brownfield ventures are those where the company purchases an existing facility.

Joint venture are commercial ventures undertaken by two or more parties.

Franchising is a form of business where the owner gets distribution through affiliated dealers