Question 1

Within a given industry, as competitors increasingly match each other in cost efficiencies and local responsiveness

Accepted Answer

A) ​They will be less affected by the bargaining power of suppliers. 
B) ​Their rivalry naturally focuses on learning and innovation. 
C)  ​A geographic area division structure will become the most effective structure. 
D)  ​R&D activities and innovation become less and less important. 
A) ​They will be less affected by the bargaining power of suppliers. 
B) ​Their rivalry naturally focuses on learning and innovation. 
C)  ​A geographic area division structure will become the most effective structure. 
D)  ​R&D activities and innovation become less and less important.

Question 2

Global R&D has pros and cons for the firm that uses that approach. However, suppose you are the leader of the country where that firm is based. How might you view having R&D being conducted by a global team in a matter that is vital to the nation's economic health/and or security?

Accepted Answer

There is always a risk of knowledge leak

Question 3

Overall, the micro, informal interpersonal relationships among managers of various units may create a micro-macro link.

Accepted Answer

A) True 
 B)False

Question 4

Transnational strategy supposedly is a trade off between being cost efficient and locally responsive but is really locally responsive.

Accepted Answer

A) True 
 B)False

Question 5

Because knowledge management is central to how well a firm functions, it is important to know that knowledge is:

Accepted Answer

A) ​Critical to the firm only if it is explicit knowledge. 
B) ​Implicit if it can be written down to be transferred. 
C)  ​Explicit if its acquisition requires hands-on practice. 
D)  ​Harder to transfer and learn if it is implicit. 
A) ​Critical to the firm only if it is explicit knowledge. 
B) ​Implicit if it can be written down to be transferred. 
C)  ​Explicit if its acquisition requires hands-on practice. 
D)  ​Harder to transfer and learn if it is implicit.

Question 6

The high costs due to duplication of efforts in multiple countries is a disadvantage of a:

Accepted Answer

A) ​Global standardization strategy. 
B) ​Localization strategy. 
C)  ​Home replication strategy. 
D)  ​None of the above. 
A) ​Global standardization strategy. 
B) ​Localization strategy. 
C)  ​Home replication strategy. 
D)  ​None of the above.

Question 7

When faced with the complexity and cost of value-added customer-focused dimensions, the textbook suggests that you:

Accepted Answer

A) ​Create new formal structures. 
B) ​Simplify. 
C)  ​Find temporary solutions. 
D)  ​None of the above. 
A) ​Create new formal structures. 
B) ​Simplify. 
C)  ​Find temporary solutions. 
D)  ​None of the above.

Question 8

A customer-focused solution in which a provider sells whatever combination of goods and services the customers prefer is known as a global account structure.

Accepted Answer

A) True 
 B)False

Question 9

A main advantage of a global standardization strategy is that it leverages low-cost advantages.

Accepted Answer

A) True 
 B)False

Question 10

You are the manager in a transnational's subsidiary. Describe the knowledge management strategy you would most likely use and any disadvantages you may need to be aware of.​

Accepted Answer

​A hallmark of transnational MNEs is a h

Within a given industry, as competitors increasingly match each other in cost efficiencies and local responsiveness

Global R&D has pros and cons for the firm that uses that approach. However, suppose you are the leader of the country where that firm is based. How might you view having R&D being conducted by a global team in a matter that is vital to the nation's economic health/and or security?

Overall, the micro, informal interpersonal relationships among managers of various units may create a micro-macro link.

Transnational strategy supposedly is a trade off between being cost efficient and locally responsive but is really locally responsive.

Because knowledge management is central to how well a firm functions, it is important to know that knowledge is:

The high costs due to duplication of efforts in multiple countries is a disadvantage of a:

When faced with the complexity and cost of value-added customer-focused dimensions, the textbook suggests that you:

A customer-focused solution in which a provider sells whatever combination of goods and services the customers prefer is known as a global account structure.

A main advantage of a global standardization strategy is that it leverages low-cost advantages.

You are the manager in a transnational's subsidiary. Describe the knowledge management strategy you would most likely use and any disadvantages you may need to be aware of.

Strategizing Around the Globe

Managing Industry Competition

Leveraging Resources and Capabilities

Emphasizing Institutions, Cultures, and Ethics

Growing and Internationalizingthe Entrepreneurial Firm

Entering Foreign Markets

Making Strategic Alliancee and Networks Work

Managing Global Competitive Dynamics

Diversifying, Acquiring, and Restructuring

Governing the Corporation Around the World

Strategizing With Corporate Social Responsibility

Filters

Exam 10: Strategizing, Structuring, and Learningaround the World

Within a given industry, as competitors increasingly match each other in cost efficiencies and local responsiveness

Global R&D has pros and cons for the firm that uses that approach. However, suppose you are the leader of the country where that firm is based. How might you view having R&D being conducted by a global team in a matter that is vital to the nation's economic health/and or security?

Overall, the micro, informal interpersonal relationships among managers of various units may create a micro-macro link.

Transnational strategy supposedly is a trade off between being cost efficient and locally responsive but is really locally responsive.

Because knowledge management is central to how well a firm functions, it is important to know that knowledge is:

The high costs due to duplication of efforts in multiple countries is a disadvantage of a:

When faced with the complexity and cost of value-added customer-focused dimensions, the textbook suggests that you:

A customer-focused solution in which a provider sells whatever combination of goods and services the customers prefer is known as a global account structure.

A main advantage of a global standardization strategy is that it leverages low-cost advantages.

You are the manager in a transnational's subsidiary. Describe the knowledge management strategy you would most likely use and any disadvantages you may need to be aware of.​

Strategizing Around the Globe

Managing Industry Competition

Leveraging Resources and Capabilities

Emphasizing Institutions, Cultures, and Ethics

Growing and Internationalizingthe Entrepreneurial Firm

Entering Foreign Markets

Making Strategic Alliancee and Networks Work

Managing Global Competitive Dynamics

Diversifying, Acquiring, and Restructuring

Governing the Corporation Around the World

Strategizing With Corporate Social Responsibility

Filters

You are the manager in a transnational's subsidiary. Describe the knowledge management strategy you would most likely use and any disadvantages you may need to be aware of.