Question 1

Which of the following is NOT one of the primary categories under which alliances typically fall?

Accepted Answer

A)  joint ventures 
B)  equity strategic alliances 
C)  international management 
D)  non-equity strategic alliances 
A)  joint ventures 
B)  equity strategic alliances 
C)  international management 
D)  non-equity strategic alliances

Question 2

The most important factor that determines the success or failure of an international joint venture is the ________.

Accepted Answer

A)  amount of financial investment 
B)  need for technology 
C)  type of industry 
D)  choice of partner 
A)  amount of financial investment 
B)  need for technology 
C)  type of industry 
D)  choice of partner

Question 3

Barton & Green is an MNC based in the U.S. that makes a wide range of consumer cleaning products. Executives at the firm are considering the idea of outsourcing the company's IT infrastructure. Which of the following questions is the most relevant to Barton & Green's decision to outsource its IT infrastructure to a firm in India, TMC Enterprises?

Accepted Answer

A)  What type of operating system is primarily used by TMC Enterprises? 
B)  What is the attitude of U.S. consumers about TMC Enterprises? 
C)  What is the financial health of TMC Enterprises? 
D)  What other firms use TMC Enterprises? 
A)  What type of operating system is primarily used by TMC Enterprises? 
B)  What is the attitude of U.S. consumers about TMC Enterprises? 
C)  What is the financial health of TMC Enterprises? 
D)  What other firms use TMC Enterprises?

Question 4

Which of the following is the primary concern that American computer makers have with production in China?

Accepted Answer

A)  The Chinese market is not large enough to sell computer products domestically. 
B)  There will be loss of intellectual property if Chinese companies co-produce computers. 
C)  There are not enough high skilled workers available in China for American companies. 
D)  The Chinese government requires American firms to pay workers specific hourly wages. 
A)  The Chinese market is not large enough to sell computer products domestically. 
B)  There will be loss of intellectual property if Chinese companies co-produce computers. 
C)  There are not enough high skilled workers available in China for American companies. 
D)  The Chinese government requires American firms to pay workers specific hourly wages.

Question 5

Why is an international joint venture like a marriage?

Accepted Answer

International Joint Ventures are like a

Question 6

According to research by Dovev Lavie, which of the following best describes the bilateral competition strategy?

Accepted Answer

A)  Set organizational and technological buffers between competing partners 
B)  Avoid partners that compete in your industry if they enjoy superior bargaining power 
C)  Learn and assimilate network resources in order to develop new skills and capabilities 
D)  Align organizational units and create a coherent interface with each partner in the alliance 
A)  Set organizational and technological buffers between competing partners 
B)  Avoid partners that compete in your industry if they enjoy superior bargaining power 
C)  Learn and assimilate network resources in order to develop new skills and capabilities 
D)  Align organizational units and create a coherent interface with each partner in the alliance

Question 7

Where ownership is divided among several partners, the parents are more likely to delegate the operational running of the IJV to ________.

Accepted Answer

A)  local IJV management 
B)  parent company management 
C)  middle managers at the parent company level 
D)  management teams from the largest company in the joint venture 
A)  local IJV management 
B)  parent company management 
C)  middle managers at the parent company level 
D)  management teams from the largest company in the joint venture

Question 8

Which of the following factors most significantly affects the performance of IJVs between U.K. firms and continental European firms?

Accepted Answer

A)  organizational formality 
B)  decision-making systems 
C)  attitudes toward funding 
D)  attitudes toward risk 
A)  organizational formality 
B)  decision-making systems 
C)  attitudes toward funding 
D)  attitudes toward risk

Question 9

Which of the following is a competitive aspect of strategic alliances?

Accepted Answer

A)  sharing resources to limit investment risk 
B)  lowering exit barriers in mature industries 
C)  accelerating diffusion of industry standards 
D)  creating a critical mass to develop new technologies 
A)  sharing resources to limit investment risk 
B)  lowering exit barriers in mature industries 
C)  accelerating diffusion of industry standards 
D)  creating a critical mass to develop new technologies

Question 10

Strategic alliances are also known as ________.

Accepted Answer

A)  competitive strategies 
B)  cooperative strategies 
C)  independent strategies 
D)  virtual strategies 
A)  competitive strategies 
B)  cooperative strategies 
C)  independent strategies 
D)  virtual strategies

Question 11

The level of uncertainty among foreign investors regarding Russia most likely stems from ________.

Accepted Answer

A)  Boeing's joint venture with Russian aircraft maker Tupolev 
B)  McDonald's franchises located in Moscow and other Russian cities 
C)  General Motors' joint venture with Russian car maker OAO Avtovaz 
D)  Bell Labs' attempt to conduct research and development with Russian labs 
A)  Boeing's joint venture with Russian aircraft maker Tupolev 
B)  McDonald's franchises located in Moscow and other Russian cities 
C)  General Motors' joint venture with Russian car maker OAO Avtovaz 
D)  Bell Labs' attempt to conduct research and development with Russian labs

Question 12

Which of the following is NOT a characteristic of strategic implementation of the McDonald's corporation?

Accepted Answer

A)  minimizing autonomy 
B)  hiring locals whenever possible 
C)  forming paradigm-busting arrangements with suppliers 
D)  making minor changes to the standard menu based on location 
A)  minimizing autonomy 
B)  hiring locals whenever possible 
C)  forming paradigm-busting arrangements with suppliers 
D)  making minor changes to the standard menu based on location

Question 13

According to experts, what is the single most important factor that determines the success or failure of an IJV? Do you agree with the experts? Why or why not?

Accepted Answer

Most researchers point to the choice of

Question 14

Which of the following terms refers to an overseas business owned and controlled by two or more partners?

Accepted Answer

A)  multinational enterprise 
B)  foreign direct investment 
C)  global management team 
D)  international joint venture 
A)  multinational enterprise 
B)  foreign direct investment 
C)  global management team 
D)  international joint venture

Question 15

The Haeir Group achieved rapid global growth by doing all of the following EXCEPT ________.

Accepted Answer

A)  acquiring companies with significant market potential 
B)  implementing a performance management system 
C)  entering markets through franchise agreements 
D)  forming strategic alliances in foreign markets 
A)  acquiring companies with significant market potential 
B)  implementing a performance management system 
C)  entering markets through franchise agreements 
D)  forming strategic alliances in foreign markets

Question 16

What is the difference between a joint venture, equity strategic alliance, and non-equity strategic alliance?

Accepted Answer

A joint venture (JV)is a new independent

Question 17

All of the following represent government influences on international joint ventures EXCEPT ________.

Accepted Answer

A)  copyright protection 
B)  labor union rules 
C)  patent protection 
D)  negotiation practices 
A)  copyright protection 
B)  labor union rules 
C)  patent protection 
D)  negotiation practices

Question 18

Describe the criteria a firm should use to keep an alliance from becoming a new form of competition.

Accepted Answer

Firms should pick a compatible partner a

Question 19

According to research, SMEs should most likely partner locally with MNCs by ________.

Accepted Answer

A)  using an indirect means of access 
B)  selling proprietary knowledge 
C)  using direct frontal methods 
D)  implementing new systems 
A)  using an indirect means of access 
B)  selling proprietary knowledge 
C)  using direct frontal methods 
D)  implementing new systems

Question 20

In a study of corporate alliances in the technology and pharmaceutical industries, researchers found that decisions regarding the form of governance primarily depended upon the desire to control ________.

Accepted Answer

A)  organizational structure 
B)  proprietary technology 
C)  marketing strategies 
D)  distribution methods 
A)  organizational structure 
B)  proprietary technology 
C)  marketing strategies 
D)  distribution methods

Which of the following is NOT one of the primary categories under which alliances typically fall?

The most important factor that determines the success or failure of an international joint venture is the ________.

Which of the following is the primary concern that American computer makers have with production in China?

Why is an international joint venture like a marriage?

According to research by Dovev Lavie, which of the following best describes the bilateral competition strategy?

Where ownership is divided among several partners, the parents are more likely to delegate the operational running of the IJV to ________.

Which of the following factors most significantly affects the performance of IJVs between U.K. firms and continental European firms?

Which of the following is a competitive aspect of strategic alliances?

Strategic alliances are also known as ________.

The level of uncertainty among foreign investors regarding Russia most likely stems from ________.

Which of the following is NOT a characteristic of strategic implementation of the McDonald's corporation?

According to experts, what is the single most important factor that determines the success or failure of an IJV? Do you agree with the experts? Why or why not?

Which of the following terms refers to an overseas business owned and controlled by two or more partners?

The Haeir Group achieved rapid global growth by doing all of the following EXCEPT ________.

What is the difference between a joint venture, equity strategic alliance, and non-equity strategic alliance?

All of the following represent government influences on international joint ventures EXCEPT ________.

Describe the criteria a firm should use to keep an alliance from becoming a new form of competition.

According to research, SMEs should most likely partner locally with MNCs by ________.

In a study of corporate alliances in the technology and pharmaceutical industries, researchers found that decisions regarding the form of governance primarily depended upon the desire to control ________.

Assessing the Environment Political, Economic, Legal, Technological

Managing Interdependence Social Responsibility and Ethics

Understanding the Role of Culture

Communicating Across Cultures

Cross Cultural Negotiation and Decision Making

Formulating Strategy

Organization Structure and Control Systems

Staffing Training and Compensation for Global Operations

Developing a Global Management Cadre

Motivating and Leading

Filters

Exam 7: Global Alliances and Strategy Implementation

Which of the following is NOT one of the primary categories under which alliances typically fall?

The most important factor that determines the success or failure of an international joint venture is the ________.

Which of the following is the primary concern that American computer makers have with production in China?

Why is an international joint venture like a marriage?

According to research by Dovev Lavie, which of the following best describes the bilateral competition strategy?

Where ownership is divided among several partners, the parents are more likely to delegate the operational running of the IJV to ________.

Which of the following factors most significantly affects the performance of IJVs between U.K. firms and continental European firms?

Which of the following is a competitive aspect of strategic alliances?

Strategic alliances are also known as ________.

The level of uncertainty among foreign investors regarding Russia most likely stems from ________.

Which of the following is NOT a characteristic of strategic implementation of the McDonald's corporation?

According to experts, what is the single most important factor that determines the success or failure of an IJV? Do you agree with the experts? Why or why not?

Which of the following terms refers to an overseas business owned and controlled by two or more partners?

The Haeir Group achieved rapid global growth by doing all of the following EXCEPT ________.

What is the difference between a joint venture, equity strategic alliance, and non-equity strategic alliance?

All of the following represent government influences on international joint ventures EXCEPT ________.

Describe the criteria a firm should use to keep an alliance from becoming a new form of competition.

According to research, SMEs should most likely partner locally with MNCs by ________.

In a study of corporate alliances in the technology and pharmaceutical industries, researchers found that decisions regarding the form of governance primarily depended upon the desire to control ________.

Assessing the Environment Political, Economic, Legal, Technological

Managing Interdependence Social Responsibility and Ethics

Understanding the Role of Culture

Communicating Across Cultures

Cross Cultural Negotiation and Decision Making

Formulating Strategy

Organization Structure and Control Systems

Staffing Training and Compensation for Global Operations

Developing a Global Management Cadre

Motivating and Leading

Filters