Question 1

When Henry Ford experimented with marketing "world car" designs,he was widely successful.

Accepted Answer

A) True 
 B)False

Question 2

Companies following a localization strategy differ from companies following a home replication strategy in that the companies following a localization strategy:

Accepted Answer

A)  develop and retain knowledge within each subsidiary. 
B)  develop and retain knowledge at the center and key locations. 
C)  develop knowledge at the center and transfer it to subsidiaries. 
D)  develop knowledge and share it worldwide. 
A)  develop and retain knowledge within each subsidiary. 
B)  develop and retain knowledge at the center and key locations. 
C)  develop knowledge at the center and transfer it to subsidiaries. 
D)  develop knowledge and share it worldwide.

Question 3

A manager whose approach to knowledge management is to install a sophisticated information technology (IT)infrastructure is one of the most valuable assets to knowledge management.

Accepted Answer

A) True 
 B)False

Question 4

Which of the following statements is true of a global product division structure?

Accepted Answer

A)  It encourages the fragmentation of multinational enterprises into fiefdoms. 
B)  It increases inefficient duplication in multiple countries. 
C)  It is typically used when firms initially expand abroad. 
D)  It is highly responsive to cost reduction pressures. 
A)  It encourages the fragmentation of multinational enterprises into fiefdoms. 
B)  It increases inefficient duplication in multiple countries. 
C)  It is typically used when firms initially expand abroad. 
D)  It is highly responsive to cost reduction pressures.

Question 5

What did Theodore Levitt argue in his 1983 article "The Globalization of Markets"?

Accepted Answer

A)  Worldwide consumer tastes are converging 
B)  Local responsiveness is increasingly necessary 
C)  Firms should stay domestic 
D)  Globalization is reducing the need for MNEs 
A)  Worldwide consumer tastes are converging 
B)  Local responsiveness is increasingly necessary 
C)  Firms should stay domestic 
D)  Globalization is reducing the need for MNEs

Question 6

The proactive and deliberate pursuit of new opportunities by a subsidiary to expand its scope of responsibility is known as _____.

Accepted Answer

A)  Transnational growth 
B)  Global standardization strategy 
C)  Subsidiary initiative 
D)  Opportunity pursuit 
A)  Transnational growth 
B)  Global standardization strategy 
C)  Subsidiary initiative 
D)  Opportunity pursuit

Question 7

Explain how organizational strategies differ in terms of knowledge management.

Accepted Answer

Differences in knowledge management amon

Question 8

In the context of knowledge management,which of the following is true of multinational enterprises (MNEs)adopting a global standardization strategy?

Accepted Answer

A)  Knowledge is developed at the center and transferred to the various subsidiaries. 
B)  Knowledge is developed and retained within each subsidiary. 
C)  Knowledge is mostly developed and retained at the center and key locations. 
D)  Knowledge is developed jointly and shared worldwide. 
A)  Knowledge is developed at the center and transferred to the various subsidiaries. 
B)  Knowledge is developed and retained within each subsidiary. 
C)  Knowledge is mostly developed and retained at the center and key locations. 
D)  Knowledge is developed jointly and shared worldwide.

Question 9

Which of the following statements is true of a geographic area structure?

Accepted Answer

A)  It is typically used when firms initially expand abroad. 
B)  It reduces inefficient duplication in multiple countries. 
C)  It encourages the fragmentation of the multinational enterprises into fiefdoms. 
D)  It assigns global responsibilities to each product division across different countries. 
A)  It is typically used when firms initially expand abroad. 
B)  It reduces inefficient duplication in multiple countries. 
C)  It encourages the fragmentation of the multinational enterprises into fiefdoms. 
D)  It assigns global responsibilities to each product division across different countries.

Question 10

In the context of strategizing,structuring,and learning around the world,an implication for savvy managers will be to:

Accepted Answer

A)  understand and be prepared to change the external rules of the game governing multinational enterprise (MN
E) management. 
B)  develop learning and innovative capabilities to leverage multinational presence as an asset. 
C)  focus on structuring the internal rules of the game for different strategies. 
D)  develop the rules of the game and their transitions at both global and regional levels. 
A)  understand and be prepared to change the external rules of the game governing multinational enterprise (MN
E) management. 
B)  develop learning and innovative capabilities to leverage multinational presence as an asset. 
C)  focus on structuring the internal rules of the game for different strategies. 
D)  develop the rules of the game and their transitions at both global and regional levels.

Question 11

The positioning of the four strategic choices of multinational enterprises is not random.They develop from the relatively simple international division through either geographic area or global product division structures.

Accepted Answer

A) True 
 B)False

Question 12

The business leader of a specific country (or a geographic region)is known as a(n)______:

Accepted Answer

A)  International division 
B)  Locality 
C)  Regional executive 
D)  Country manager 
A)  International division 
B)  Locality 
C)  Regional executive 
D)  Country manager

Question 13

In the context of organizational cultures,which of the following is true of a wolf culture?

Accepted Answer

A)  It centers on relentless pursuit with highly motivated employees working overtime. 
B)  It focuses on appointing a host-country national as the head of a foreign subsidiary. 
C)  It is the proactive and deliberate pursuit of new opportunities by a subsidiary to expand its scope of responsibility. 
D)  It centers on an organizational structure that assigns global responsibilities. 
A)  It centers on relentless pursuit with highly motivated employees working overtime. 
B)  It focuses on appointing a host-country national as the head of a foreign subsidiary. 
C)  It is the proactive and deliberate pursuit of new opportunities by a subsidiary to expand its scope of responsibility. 
D)  It centers on an organizational structure that assigns global responsibilities.

Question 14

Global product division structure,which is the opposite of the geographic area structure,supports the transnational strategy.

Accepted Answer

A) True 
 B)False

Question 15

Explain the three actions that savvy managers should implicate to make a multinational firm successful.

Accepted Answer

First,understanding and mastering the ex

When Henry Ford experimented with marketing "world car" designs,he was widely successful.

Companies following a localization strategy differ from companies following a home replication strategy in that the companies following a localization strategy:

A manager whose approach to knowledge management is to install a sophisticated information technology (IT)infrastructure is one of the most valuable assets to knowledge management.

Which of the following statements is true of a global product division structure?

What did Theodore Levitt argue in his 1983 article "The Globalization of Markets"?

The proactive and deliberate pursuit of new opportunities by a subsidiary to expand its scope of responsibility is known as _____.

Explain how organizational strategies differ in terms of knowledge management.

In the context of knowledge management,which of the following is true of multinational enterprises (MNEs)adopting a global standardization strategy?

Which of the following statements is true of a geographic area structure?

In the context of strategizing,structuring,and learning around the world,an implication for savvy managers will be to:

The positioning of the four strategic choices of multinational enterprises is not random.They develop from the relatively simple international division through either geographic area or global product division structures.

The business leader of a specific country (or a geographic region)is known as a(n)______:

In the context of organizational cultures,which of the following is true of a wolf culture?

Global product division structure,which is the opposite of the geographic area structure,supports the transnational strategy.

Explain the three actions that savvy managers should implicate to make a multinational firm successful.

Globalizing Business

Understanding Politics Laws Economics

Emphasizing Cultures Ethics Norms

Leveraging Resources Capabilities

Trading Internationally

Investing Abroad Directly

Dealing With Foreign Exchange

Capitalizing On Global Regional Integration

Growing Internationalizing The Entrepreneurial Firm

Entering Foreign Markets

Making Alliances Acquisitions Work

Managing Human Resources Globally

Competing On Marketing and Supply Chain Management

Managing Corporate Social Responsibility Globally

Filters

Exam 12: Strategizing Structuring Learning Around The World

When Henry Ford experimented with marketing "world car" designs,he was widely successful.

Companies following a localization strategy differ from companies following a home replication strategy in that the companies following a localization strategy:

A manager whose approach to knowledge management is to install a sophisticated information technology (IT)infrastructure is one of the most valuable assets to knowledge management.

Which of the following statements is true of a global product division structure?

What did Theodore Levitt argue in his 1983 article "The Globalization of Markets"?

The proactive and deliberate pursuit of new opportunities by a subsidiary to expand its scope of responsibility is known as _____.

Explain how organizational strategies differ in terms of knowledge management.

In the context of knowledge management,which of the following is true of multinational enterprises (MNEs)adopting a global standardization strategy?

Which of the following statements is true of a geographic area structure?

In the context of strategizing,structuring,and learning around the world,an implication for savvy managers will be to:

The positioning of the four strategic choices of multinational enterprises is not random.They develop from the relatively simple international division through either geographic area or global product division structures.

The business leader of a specific country (or a geographic region)is known as a(n)______:

In the context of organizational cultures,which of the following is true of a wolf culture?

Global product division structure,which is the opposite of the geographic area structure,supports the transnational strategy.

Explain the three actions that savvy managers should implicate to make a multinational firm successful.

Globalizing Business

Understanding Politics Laws Economics

Emphasizing Cultures Ethics Norms

Leveraging Resources Capabilities

Trading Internationally

Investing Abroad Directly

Dealing With Foreign Exchange

Capitalizing On Global Regional Integration

Growing Internationalizing The Entrepreneurial Firm

Entering Foreign Markets

Making Alliances Acquisitions Work

Managing Human Resources Globally

Competing On Marketing and Supply Chain Management

Managing Corporate Social Responsibility Globally

Filters