International Business Strategy

at Maastricht University

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Any complaints?
Seriously? I can't believe he only gave points for those three stupid questions. Is there a complaint form for the exam comments because jesus christ.
I thought there were 2 only
Any complaints for the exam? :)
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For Q38 it's because its asking for which one does NOT indicate high threat of potential entrants. If there's product differentiation, then that can deter entrants from entering since they cannot compete with a product that is highly differentiated.
I still made a comment about it regarding the vagueness of product differentiation because I wasn't sure if they meant low or high product differentiation, which can lead someone to answer the question incorrectly.
Why is it not S-curve as for geographic diversification the S curve is used...
is B) Conducting a SWOT not also correct?
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is this the actual resit? Because some questions are double.
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Thank you so much or uploading this!
What ist the difference between this one and the previous full summary uploaded?
If anyone has any more relevant exams or questions, could you please post them? :)
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Can someone tell me if this is helpful?
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Well then why has it got a downvote?
I dont know why someone downvoted, I just copied all the most relevant parts haha thats all, there is not a lot to like or not like. I can of course not 100% ensure this will be enough to know all the answers in the exam
Bargaining power of suppliers --> reduce the quality of goods/services, not the quantity.
Thanks
was there no re-sit last years? I can't find any other exam then the first sit from last year
How are you guys studying the articles?
Looking for core points, underline them, write them all down on 1 page
could you upload such a page if you wrote one?
Should be Economies of scope. But very nice summary thanks
Thank you for your remark Arthur Secret
Can anyone upload any version of the text book? I can't find it anywhere
it's the global strategy book by peng in the Other section here on study drive
anyone have the pdf of the book(3rd version)
How institutions matter for international business is not likely to be picked cit. ? Sorry guys, hope to have helped you anyway ?
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Well then next time maybe share them ;)
Roberto, did you by chance also summaries the following article: Internationalization: From incremental to born global?
Does anyone know when the resit is? It is not on the student portal yet even though it should have been posted yesterday and the exams office is closed and said I could not call in before Monday.
try emailing the course coordinator
is it 39 out of 60 to get a pass? Indicated in the course Manuel that 39 but in the exam sheet says 40..... anyone knows?
probably 40. always expect the worst
any complaints?
It says answer B is correct, shouldn't it be answer D?
This question isnt exam-relevant anyway
If you can achieve higher economic value creation, you can charge higher prices, isn't that the case? Normally competitive advantage results in higher profit
How do you guys feel regarding tomorrow's exam ?
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Given we are not driven by bounded rationality, we should all show some love for Harambe
that's what i like to hear
The right answer is D! You find it at page 151
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isn't it correct for Q3 to answer D? lack of product differentiation is not an entry barrier
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Doesnt proliferation increase entry barriers? --> the more proliferation the less people can join ( no unmet demand left), same reasoning with differentiation, ( differentiation; advertising, my product is better,i have the lowest cost,...) so the more differentiation the more competitive, the higher entry barriers, no?
You are exactly right. Product proliferation increases entry barriers: this means that INSUFFICIENT product proliferation would not impose high entry barriers. Same goes for product differentiation and INADEQUATE product differentiation.
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There are quite a lot of things we havenot covered this year in these questions correct? I hope so because other wise Im really underprepared even though ive studied alot..
The only questions I believe we haven't covered are questions 43 to 49, and 58 to 65. I think we've covered most, if not all, others.
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I feel it's just vague with no real conclusions. It's just subjective
Wanna cry ;)
23 is D (as written p 151)
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question 32 can also be c or b I think ?
I agree, however answer A is not incorrect right? So maybe therefor D is right?
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why isnt this likely for the exam?
Why is Q2's answer D and not A, as little non-scale-based advantages increase the threat of entry?
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Do they upload the answerkey? Or nothing @Jonathan?
Only the answerkey (Like 1A; 2C etc.)
Does someone have the exams from last years?
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Thanks! :)
Is chapter 1 relevant?
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or course manual is wrong
i was wrong apparently chapter 1 was discussed in opening lecture
concerning Q2, isnt the right answer C? I thought forward integration makes entry harder?
Forward integration is associated with bargaining power of buyers.
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Anyone has a summary?
Actually the Coca-Cola doesn't differ across countries, it's the way of storing and serving which makes the difference in taste (f.e. at McDonald's). Other Coca-Cola brands such as Fanta are different in several countries, due to a different composition. The composition of Fanta, for the same flavor, varies from country to country. For example, the European Fanta Orange contains orange juice (in varying percentages but typically 6%), whereas the US formulation does not [3]. The Australian version is 2.1% fruit juice, and South American formulations also have orange juice, especially in Brazil, where Fanta is 10% orange juice. These differences mean the taste of Fanta differs greatly from country to country, more so than regular Coca Cola, and may in part explain why the drink's popularity varies so much between different countries. Difference in coloring can be observed internationally. For example, where European Fanta Orange is light orange, almost yellow, in Latin and North American markets it is deep orange in color. References: - https://www.coca-cola.co.uk/faq/does-coca-cola-taste-different-in-different-countries - http://www.foxnews.com/food-drink/2017/03/02/theres-reason-mcdonalds-coca-cola-tastes-different.html show less
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Mate... the summaries you uploaded from the new version of the book right?
Yes I used my book and integrated the summaries with pictures using the only online version available
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This is great! Many thanks :) have you by chance also written summaries on the relevant articles?
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Made as much as I could, hope to have helped someone out ???
Life saver <3
Does anyone have an easy to follow summary of the exam-relevant articles? Would be awesome! :)
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Does this version differ from the 3rd?
I have the same question
Yes it differs to some extend. I recommend using the seperated chapter uploaded. You can use it for the first chapters, but be sure that you pick later the right chapter since they moved some. And make sure to check the content for the debate, they can differ.
Hi does anyone have the online version of the book? global strategic management by peng lee, 3rd edition, cencage
What date and time is the re-sit of IBS July 2017? I can't find it! :)
You have to wait
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You need 39 or more correct answers to past the exam, not 40
Hi guys! for question 65 should it not have to be A. Because the answer sheet says that B is wrong, however in the book on page 395 it is literally stated. A wrong I think as in the book they say: having more outside directors on the board is often regarded as a performance-enhancing practice?
Yeah it's definitely another mistake in the questions. It might be A indeed or simply none of those
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Can you maybe elaborate on your answer for Q18?
Taken from the book
2.
Hi! I did not follow the course this year, and i cannot remeber where to find the articles. Can someone help me with that? Thanks in advance! xx
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Jo Michelle
okee thank you very much!!
New Facebook group if you want to join: https://www.facebook.com/groups/1861033580817172/?source=create_flow for International Business Strategy Exam Questions (IBS)
Made some flashcards to study for the exam, mostly about glossary; haven't quite finished yet, a lot of chapters to add, but if you'd like to - feel free to use: https://quizlet.com/212018254/flashcards
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Du Larry
fixed, thanks for pointing it out, if there are more mistakes there, let me know
Q15 Can someone explain me this? Shouldn't it be reduce or increase transaction costs? because both shape the economic activity. And institutions are rather static than dynamic or?
Firms actually exist because they reduce transaction costs. If they would increase it, it makes no sense for them to be existent. Furthermore, insititutions are able to change, and therefore they are dynamic, not static. Watch the phrasing of the question: "institutions are NOT ..."
True, but they are saying the "overall interactions between institutions and firms", so we are not talking about only firms, but the interactions between them and institutions, and institutions can increase transaction costs, e.g. a carbon tax will increase transaction costs and shape economic activity.
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Q27, Isnt this supposed to efficiency seeking?
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Efficiency is if you want to produce low cost, market seeking if you look for high demand locations
oh my bad, read largest car maker in the world. Thanks for taking the time to answer all of my questions :))
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q44, they didnt set acquire the company but rather set up their own unit to do so. Thus this shouldnt be backward vertical integration?
I agree, I would even say it should be "strategic insourcing" , since a service which was previously provided by a different company is now done in-home.
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2 D / 3 D / 4 D / 5 B / 6 C / 7 D / 8 D / 9 D / 10 D / 11 C / 12 C / 13 D / 14 A / 15 C / 16 D / 17 B / 18 A / 19 D / 20 A / 21 C
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Are these the official answers of the questions? Q6 is very vague in my opinion and it could also be d) for me
Yes, those are the solutions my tutor send us. Why would you ever outsource Firm-specific & Proprietary activities ? That would be outsourcing your core competencies or?
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