Question 1

Which of the following is not true of the drivers for strategic fit between alliance partners?

Accepted Answer

A)  The alliance must be important to both partners. 
B)  Partners must be mutually dependent for achieving clear and realistic objectives. 
C)  The alliance need not be accepted by key stakeholders. 
D)  Partners contribute key strengths. 
E)  Partners protect core competencies. 
A)  The alliance must be important to both partners. 
B)  Partners must be mutually dependent for achieving clear and realistic objectives. 
C)  The alliance need not be accepted by key stakeholders. 
D)  Partners contribute key strengths. 
E)  Partners protect core competencies.

Question 2

Management contracts are common when a host government expropriates part or all of a foreign-owned company's holdings in its country.

Accepted Answer

A) True 
 B)False

Question 3

Among the most important barriers to international trade are the different standards for products and services.

Accepted Answer

A) True 
 B)False

Question 4

Forming a joint venture between a foreign corporation and a domestic company is the most popular strategy used to enter a new country.

Accepted Answer

A) True 
 B)False

Question 5

What is the activity that occurs in Stage 1 of international development?

Accepted Answer

A)  The company invests in production facilities in key countries. 
B)  The company exports, but trade is minor and handled by an export department. 
C)  The company establishes its own export division with sales offices in other countries. 
D)  The company operates in a global industry and establishes worldwide human resources, R&D, and financing strategies. 
E)  The company establishes local operating divisions in host countries to better serve individual country markets. 
A)  The company invests in production facilities in key countries. 
B)  The company exports, but trade is minor and handled by an export department. 
C)  The company establishes its own export division with sales offices in other countries. 
D)  The company operates in a global industry and establishes worldwide human resources, R&D, and financing strategies. 
E)  The company establishes local operating divisions in host countries to better serve individual country markets.

Question 6

Exporting is popular for small businesses because of the Internet and rapid advance of overnight express services.

Accepted Answer

A) True 
 B)False

Question 7

The BOT concept stands for Build, Operate, Transfer.

Accepted Answer

A) True 
 B)False

Question 8

The firm becomes a full-fledged MNC in which stage of international development?

Accepted Answer

A)  Stage 1 
B)  Stage 2 
C)  Stage 3 
D)  Stage 4 
E)  Stage 5 
A)  Stage 1 
B)  Stage 2 
C)  Stage 3 
D)  Stage 4 
E)  Stage 5

Question 9

European multi-national corporations seldom use people with an international orientation to staff their management positions.

Accepted Answer

A) True 
 B)False

Question 10

What is the key to the successful implementation of strategic alliances?

Accepted Answer

A)  the selection of an appropriate country 
B)  the timing of the entry 
C)  the selection of the local partner 
D)  the size of the local partner firm 
E)  the political environment of the country 
A)  the selection of an appropriate country 
B)  the timing of the entry 
C)  the selection of the local partner 
D)  the size of the local partner firm 
E)  the political environment of the country

Question 11

An export division is established to oversee foreign sales offices in which stage of international development?

Accepted Answer

A)  Stage 1 
B)  Stage 2 
C)  Stage 3 
D)  Stage 4 
E)  Stage 5 
A)  Stage 1 
B)  Stage 2 
C)  Stage 3 
D)  Stage 4 
E)  Stage 5

Question 12

To be successful with a global emphasis, firms may not skip across stages of development.

Accepted Answer

A) True 
 B)False

Question 13

Discuss the five stages of international development.

Accepted Answer

The five stages of international develop

Question 14

One benefit of a U.S. company entering a joint venture with an international firm is that it

Accepted Answer

A)  reduces the risks of expropriation by host country officials. 
B)  enhances the policy of the host country's takeover of the firm. 
C)  promotes skepticism among other countries not involved in the merger. 
D)  encourages competitors to work with the company. 
E)  increases revenues by 20%. 
A)  reduces the risks of expropriation by host country officials. 
B)  enhances the policy of the host country's takeover of the firm. 
C)  promotes skepticism among other countries not involved in the merger. 
D)  encourages competitors to work with the company. 
E)  increases revenues by 20%.

Question 15

A prior relationship with an alliance partner helps to develop

Accepted Answer

A)  a level of trust. 
B)  a larger profit. 
C)  a stronger contractual agreement. 
D)  less need on negotiations. 
E)  fewer personnel. 
A)  a level of trust. 
B)  a larger profit. 
C)  a stronger contractual agreement. 
D)  less need on negotiations. 
E)  fewer personnel.

Question 16

A multi-domestic MNC should use what type of controls on its foreign units?

Accepted Answer

A)  Management should be given considerable latitude, but be required to meet some predetermined performance targets. 
B)  Management should use a matrix structure allowing some limited autonomy of the foreign unit. 
C)  Management needs to exert tight controls over its many units using a centralized strategic operational decision-making format. 
D)  Management should use a functional approach assigning distinct and separate responsibilities to each department throughout the MNC. 
E)  Management should use a divisional approach assigning goals and targets for each product-group throughout the MNC. 
A)  Management should be given considerable latitude, but be required to meet some predetermined performance targets. 
B)  Management should use a matrix structure allowing some limited autonomy of the foreign unit. 
C)  Management needs to exert tight controls over its many units using a centralized strategic operational decision-making format. 
D)  Management should use a functional approach assigning distinct and separate responsibilities to each department throughout the MNC. 
E)  Management should use a divisional approach assigning goals and targets for each product-group throughout the MNC.

Question 17

Discuss some of the recommendations to improve the entire expatriation process.

Accepted Answer

Some of the recommendations to improve t

Question 18

Licensing is an especially useful strategy if the brand name is well known but the firm does not have the funds to finance its entering the country directly.

Accepted Answer

A) True 
 B)False

Question 19

What percent of midsize and larger companies send some of their employees abroad?

Accepted Answer

A)  10% 
B)  25% 
C)  40% 
D)  60% 
E)  80% 
A)  10% 
B)  25% 
C)  40% 
D)  60% 
E)  80%

Question 20

The London-based International Accounting Standards Board developed International Financial Reporting Standards (IFRS) to

Accepted Answer

A)  harmonize international accounting practices. 
B)  address transfer pricing. 
C)  replace GAAP. 
D)  enforce FASB standards. 
E)  standardize worldwide expatriate assignments. 
A)  harmonize international accounting practices. 
B)  address transfer pricing. 
C)  replace GAAP. 
D)  enforce FASB standards. 
E)  standardize worldwide expatriate assignments.

Which of the following is not true of the drivers for strategic fit between alliance partners?

Management contracts are common when a host government expropriates part or all of a foreign-owned company's holdings in its country.

Among the most important barriers to international trade are the different standards for products and services.

Forming a joint venture between a foreign corporation and a domestic company is the most popular strategy used to enter a new country.

What is the activity that occurs in Stage 1 of international development?

Exporting is popular for small businesses because of the Internet and rapid advance of overnight express services.

The BOT concept stands for Build, Operate, Transfer.

The firm becomes a full-fledged MNC in which stage of international development?

European multi-national corporations seldom use people with an international orientation to staff their management positions.

What is the key to the successful implementation of strategic alliances?

An export division is established to oversee foreign sales offices in which stage of international development?

To be successful with a global emphasis, firms may not skip across stages of development.

Discuss the five stages of international development.

One benefit of a U.S. company entering a joint venture with an international firm is that it

A prior relationship with an alliance partner helps to develop

A multi-domestic MNC should use what type of controls on its foreign units?

Discuss some of the recommendations to improve the entire expatriation process.

Licensing is an especially useful strategy if the brand name is well known but the firm does not have the funds to finance its entering the country directly.

What percent of midsize and larger companies send some of their employees abroad?

The London-based International Accounting Standards Board developed International Financial Reporting Standards (IFRS) to

Basic Concepts in Strategic Management

Corporate Governance

Social Responsibility and Ethics in Strategic Management

Environmental Scanning and Industry Analysis

Organizational Analysis and Competitive Advantage

Strategy Formulation: Business Strategy

Strategy Formulation: Corporate Strategy

Strategy Formulation: Functional Strategy and Strategic Choice

Strategy Implementation: Organizing and Structure

Strategy Implementation: Staffing and Directing

Evaluation and Control

Suggestions for Case Analysis

Filters

Exam 9: Strategy Implementation: Global Strategy

Which of the following is not true of the drivers for strategic fit between alliance partners?

Management contracts are common when a host government expropriates part or all of a foreign-owned company's holdings in its country.

Among the most important barriers to international trade are the different standards for products and services.

Forming a joint venture between a foreign corporation and a domestic company is the most popular strategy used to enter a new country.

What is the activity that occurs in Stage 1 of international development?

Exporting is popular for small businesses because of the Internet and rapid advance of overnight express services.

The BOT concept stands for Build, Operate, Transfer.

The firm becomes a full-fledged MNC in which stage of international development?

European multi-national corporations seldom use people with an international orientation to staff their management positions.

What is the key to the successful implementation of strategic alliances?

An export division is established to oversee foreign sales offices in which stage of international development?

To be successful with a global emphasis, firms may not skip across stages of development.

Discuss the five stages of international development.

One benefit of a U.S. company entering a joint venture with an international firm is that it

A prior relationship with an alliance partner helps to develop

A multi-domestic MNC should use what type of controls on its foreign units?

Discuss some of the recommendations to improve the entire expatriation process.

Licensing is an especially useful strategy if the brand name is well known but the firm does not have the funds to finance its entering the country directly.

What percent of midsize and larger companies send some of their employees abroad?

The London-based International Accounting Standards Board developed International Financial Reporting Standards (IFRS) to

Basic Concepts in Strategic Management

Corporate Governance

Social Responsibility and Ethics in Strategic Management

Environmental Scanning and Industry Analysis

Organizational Analysis and Competitive Advantage

Strategy Formulation: Business Strategy

Strategy Formulation: Corporate Strategy

Strategy Formulation: Functional Strategy and Strategic Choice

Strategy Implementation: Organizing and Structure

Strategy Implementation: Staffing and Directing

Evaluation and Control

Suggestions for Case Analysis

Filters