Question 1

To improve organizational learning, many multi-national corporations are providing their managers with international assignments as long as five years.

Accepted Answer

A) True 
 B)False

Question 2

Which of the following is not true of the stages of international development?

Accepted Answer

A)  Corporations operating internationally tend to evolve through five common stages. 
B)  Stage 1 of international development is the domestic company. 
C)  In Stage 4 of international development, the company adds an international division with responsibility for most of the business functions conducted in other countries. 
D)  In Stage 2 of international development, the firm is a domestic company with an export division. 
E)  In Stage 5 of international development, all managers are responsible for dealing with international as well as domestic issues. 
A)  Corporations operating internationally tend to evolve through five common stages. 
B)  Stage 1 of international development is the domestic company. 
C)  In Stage 4 of international development, the company adds an international division with responsibility for most of the business functions conducted in other countries. 
D)  In Stage 2 of international development, the firm is a domestic company with an export division. 
E)  In Stage 5 of international development, all managers are responsible for dealing with international as well as domestic issues.

Question 3

Management contracts are used in international dealings

Accepted Answer

A)  as a way in which an MNC may contract with a foreign government or local firm to trade raw materials for certain resources belonging to the MNC. 
B)  as a way in which an MNC can take total control of operations by either starting a business from scratch or acquiring a firm already established in the host country. 
C)  when a corporation chooses to build a facility from scratch allowing it the freedom to design the plant, choose suppliers, and hire a workforce. 
D)  when an MNC has a large amount of management talent available and chooses to use its personnel to assist a firm in a host country for a specified fee and period of time. 
E)  when an MNC typically contracts for construction of operating facilities in exchange for a fee. 
A)  as a way in which an MNC may contract with a foreign government or local firm to trade raw materials for certain resources belonging to the MNC. 
B)  as a way in which an MNC can take total control of operations by either starting a business from scratch or acquiring a firm already established in the host country. 
C)  when a corporation chooses to build a facility from scratch allowing it the freedom to design the plant, choose suppliers, and hire a workforce. 
D)  when an MNC has a large amount of management talent available and chooses to use its personnel to assist a firm in a host country for a specified fee and period of time. 
E)  when an MNC typically contracts for construction of operating facilities in exchange for a fee.

Question 4

A relatively quick way to move into an international area is through green-field development.

Accepted Answer

A) True 
 B)False

Question 5

Nationalistic governments tend to be placated by organizations that choose to hire

Accepted Answer

A)  general managers with local experience. 
B)  home country managers. 
C)  managers with general international experience, but not from the host country. 
D)  fewer local managers. 
E)  parent company managers. 
A)  general managers with local experience. 
B)  home country managers. 
C)  managers with general international experience, but not from the host country. 
D)  fewer local managers. 
E)  parent company managers.

Question 6

Which of the following is not identified as a key driver for strategic fit between alliance partners?

Accepted Answer

A)  The alliance must be important to both partners. 
B)  Joint activities must have added value for customers and the partners. 
C)  The alliance must be accepted by key stakeholders. 
D)  Partners contribute key strengths, but protect core competencies. 
E)  Partners must independently achieve their goals. 
A)  The alliance must be important to both partners. 
B)  Joint activities must have added value for customers and the partners. 
C)  The alliance must be accepted by key stakeholders. 
D)  Partners contribute key strengths, but protect core competencies. 
E)  Partners must independently achieve their goals.

Question 7

To improve organizational learning, many multi-national corporations are providing their managers with international assignments as long as five years.

Accepted Answer

A) True 
 B)False

Question 8

In international dealings, turnkey operations are

Accepted Answer

A)  a way in which an MNC may contract with a foreign government or local firm to trade raw materials for certain resources belonging to the MNC. 
B)  a way in which an MNC can take total control of operations by either starting a business from scratch or acquiring a firm already established in the host country. 
C)  when a corporation chooses to build a facility from scratch allowing it the freedom to design the plant, choose suppliers, and hire a workforce. 
D)  when an MNC has a large amount of management talent available and chooses to use its personnel to assist a firm in a host country for a specified fee and period of time. 
E)  contracting for construction of operating facilities in exchange for a fee. 
A)  a way in which an MNC may contract with a foreign government or local firm to trade raw materials for certain resources belonging to the MNC. 
B)  a way in which an MNC can take total control of operations by either starting a business from scratch or acquiring a firm already established in the host country. 
C)  when a corporation chooses to build a facility from scratch allowing it the freedom to design the plant, choose suppliers, and hire a workforce. 
D)  when an MNC has a large amount of management talent available and chooses to use its personnel to assist a firm in a host country for a specified fee and period of time. 
E)  contracting for construction of operating facilities in exchange for a fee.

Question 9

Using third-country nationals

Accepted Answer

A)  eliminates misunderstandings with local employees. 
B)  eliminates conflicts with the host country's government. 
C)  is a widespread practice among European firms. 
D)  decreases the opportunities for promotion. 
E)  is the transfer of parent company managers to an international assignment. 
A)  eliminates misunderstandings with local employees. 
B)  eliminates conflicts with the host country's government. 
C)  is a widespread practice among European firms. 
D)  decreases the opportunities for promotion. 
E)  is the transfer of parent company managers to an international assignment.

Question 10

Research suggests that joint ventures are more successful in international undertakings than are wholly owned subsidiaries.

Accepted Answer

A) True 
 B)False

Question 11

Which one of the following is not one of the dangers of using primarily foreign nationals to staff managerial positions in subsidiaries?

Accepted Answer

A)  the increased likelihood of suboptimization 
B)  difficulty for the MNC to meet long-term, worldwide objectives 
C)  the ability for communication and coordination becomes increasingly difficult 
D)  promotes anger and jealousy within the nationalistic host government 
E)  problems in coordinating activities of several international subsidiaries leads to problems in operating in a global industry 
A)  the increased likelihood of suboptimization 
B)  difficulty for the MNC to meet long-term, worldwide objectives 
C)  the ability for communication and coordination becomes increasingly difficult 
D)  promotes anger and jealousy within the nationalistic host government 
E)  problems in coordinating activities of several international subsidiaries leads to problems in operating in a global industry

Question 12

What are the more popular options for international entry?

Accepted Answer

There are several popular options for in

Question 13

Within a year of returning home, 25% of expats

Accepted Answer

A)  leave the company to join a competitor. 
B)  get promoted. 
C)  take a headquarters position. 
D)  take another international assignment. 
E)  mentor other expats. 
A)  leave the company to join a competitor. 
B)  get promoted. 
C)  take a headquarters position. 
D)  take another international assignment. 
E)  mentor other expats.

Question 14

Corporate tax rates tend to be relatively stable from country to country.

Accepted Answer

A) True 
 B)False

Question 15

Foreign units of MNCs are evaluated more as investment or profit centers.

Accepted Answer

A) True 
 B)False

Question 16

In international dealings, green-field development is

Accepted Answer

A)  a way in which an MNC may contract with a foreign government or local firm to trade raw materials for certain resources belonging to the MNC. 
B)  a way in which an MNC can take total control of operations by acquiring a firm already established in the host country. 
C)  when a corporation chooses to build a facility from scratch allowing it the freedom to design the plant, choose suppliers, and hire its workforce. 
D)  when an MNC has a large amount of management talent available and chooses to use its personnel to assist a firm in a host country for a specified fee and period of time. 
E)  contracting for construction of operating facilities in exchange for a fee. 
A)  a way in which an MNC may contract with a foreign government or local firm to trade raw materials for certain resources belonging to the MNC. 
B)  a way in which an MNC can take total control of operations by acquiring a firm already established in the host country. 
C)  when a corporation chooses to build a facility from scratch allowing it the freedom to design the plant, choose suppliers, and hire its workforce. 
D)  when an MNC has a large amount of management talent available and chooses to use its personnel to assist a firm in a host country for a specified fee and period of time. 
E)  contracting for construction of operating facilities in exchange for a fee.

Question 17

A key driver for strategic fit between international alliance partners is that both partners must contribute core competencies.

Accepted Answer

A) True 
 B)False

Question 18

A limitation of ROI as a measure of international performance is that

Accepted Answer

A)  it is a single comprehensive figure examining only one facet of the firm. 
B)  it provides disincentive to use existing assets efficiently. 
C)  it provides an incentive to acquire new assets. 
D)  it is very sensitive to depreciation policy. 
E)  it does not provide the basis for common comparison. 
A)  it is a single comprehensive figure examining only one facet of the firm. 
B)  it provides disincentive to use existing assets efficiently. 
C)  it provides an incentive to acquire new assets. 
D)  it is very sensitive to depreciation policy. 
E)  it does not provide the basis for common comparison.

Question 19

Licensing grants rights to another company to open a retail store using the franchiser's name and operating system.

Accepted Answer

A) True 
 B)False

Question 20

A multi-national corporation

Accepted Answer

A)  is synonymous with an international corporation. 
B)  has limited involvement through the world. 
C)  has a worldwide perspective in its decision-making. 
D)  has limited perspective in its management. 
E)  manages worldwide operations as if they were independent. 
A)  is synonymous with an international corporation. 
B)  has limited involvement through the world. 
C)  has a worldwide perspective in its decision-making. 
D)  has limited perspective in its management. 
E)  manages worldwide operations as if they were independent.

To improve organizational learning, many multi-national corporations are providing their managers with international assignments as long as five years.

Which of the following is not true of the stages of international development?

Management contracts are used in international dealings

A relatively quick way to move into an international area is through green-field development.

Nationalistic governments tend to be placated by organizations that choose to hire

Which of the following is not identified as a key driver for strategic fit between alliance partners?

To improve organizational learning, many multi-national corporations are providing their managers with international assignments as long as five years.

In international dealings, turnkey operations are

Using third-country nationals

Research suggests that joint ventures are more successful in international undertakings than are wholly owned subsidiaries.

Which one of the following is not one of the dangers of using primarily foreign nationals to staff managerial positions in subsidiaries?

What are the more popular options for international entry?

Within a year of returning home, 25% of expats

Corporate tax rates tend to be relatively stable from country to country.

Foreign units of MNCs are evaluated more as investment or profit centers.

In international dealings, green-field development is

A key driver for strategic fit between international alliance partners is that both partners must contribute core competencies.

A limitation of ROI as a measure of international performance is that

Licensing grants rights to another company to open a retail store using the franchiser's name and operating system.

A multi-national corporation

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

To improve organizational learning, many multi-national corporations are providing their managers with international assignments as long as five years.

Which of the following is not true of the stages of international development?

Management contracts are used in international dealings

A relatively quick way to move into an international area is through green-field development.

Nationalistic governments tend to be placated by organizations that choose to hire

Which of the following is not identified as a key driver for strategic fit between alliance partners?

To improve organizational learning, many multi-national corporations are providing their managers with international assignments as long as five years.

In international dealings, turnkey operations are

Using third-country nationals

Research suggests that joint ventures are more successful in international undertakings than are wholly owned subsidiaries.

Which one of the following is not one of the dangers of using primarily foreign nationals to staff managerial positions in subsidiaries?

What are the more popular options for international entry?

Within a year of returning home, 25% of expats

Corporate tax rates tend to be relatively stable from country to country.

Foreign units of MNCs are evaluated more as investment or profit centers.

In international dealings, green-field development is

A key driver for strategic fit between international alliance partners is that both partners must contribute core competencies.

A limitation of ROI as a measure of international performance is that

Licensing grants rights to another company to open a retail store using the franchiser's name and operating system.

A multi-national corporation

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