Exam 10: Strategizing, structuring, and Learningaround the World

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​Because knowledge is undoubtedly a resource for any firm,describe the resource-based considerations that go into knowledge management.

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Transnational strategy aims to capture "the best of both worlds" by endeavoring to be both cost efficient and locally responsive.

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No one argues that knowledge management is the defining feature of MNEs.

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MNEs often must rely on a great deal of informal integrating mechanisms.

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Unique to international competition are the pressures for local responsiveness,which are reflected in:

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​Of the four types of multinational enterprises,home replication experiences the most limited flow of knowledge.

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Which of the following is TRUE of globalized R&D?

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Four strategic choices for MNEs do NOT include:

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Many MNEs have phased out the international division structure.

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European MNE's are more likely than Japanese MNE to appoint host-country or third country nationals as head of a foreign subsidiary.

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In which of the following structures are foreign subsidiary managers not given sufficient voice relative to domestic managers?

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

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In a transnational MNE,the role of subsidiaries is to adapt and leverage parent company competencies.

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​In knowledge management,when the role of foreign subsidiaries is make differentiated contributions that are integrated in worldwide operations,the MNE is following a:

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​The integration-responsiveness framework for dealing with pressures focuses on:

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​Knowledge flow in MNEs follows the path of a top-down hierarchy.

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​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.

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It is hard to distinguish between subsidiary initiative and empire building.

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Subsidiary initiatives that are not consistent with corporate-wide goals:​

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Industrial-products firms tend to adopt geographic area divisions,and consumer-goods companies often rely on global product divisions.

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