Question 1

Explain the concepts of guanxi and guanxihu.

Accepted Answer

Guanxi refers to the relationship networ

Question 2

What are some of the complexities of managing and implementing a global alliance? How can e-commerce enablers assist the process?

Accepted Answer

IJVs and other global alliances require

Question 3

France's Thomson Electronics combined with China's TCL to form TCL-Thomson Electronics. Thomson owns 33% and TCL owns the remaining 67% of the combined company. This is best described as a(n) ________.

Accepted Answer

A)  non-equity strategic alliance 
B)  manufacturing joint venture 
C)  global licensing agreement 
D)  equity strategic alliance 
A)  non-equity strategic alliance 
B)  manufacturing joint venture 
C)  global licensing agreement 
D)  equity strategic alliance

Question 4

Strategic alliance implementation plans require setting up ________ throughout the organization.

Accepted Answer

A)  overall policies 
B)  administrative responsibilities 
C)  organizational schedules 
D)  all of the above 
A)  overall policies 
B)  administrative responsibilities 
C)  organizational schedules 
D)  all of the above

Question 5

Why should a company seek a global alliance over some other form of market entry?

Accepted Answer

Alliances have advantages over other ent

Question 6

What cultural tradition was violated by the merger of Mittal and Acelor?

Accepted Answer

A)  Europeans view workers from developing countries as subordinates. 
B)  Indian culture asserts that women should not hold positions of authority. 
C)  The European culture requires more formality than the Marwari culture does. 
D)  The Marwari believe that it is critical for companies to maintain family ownership 
A)  Europeans view workers from developing countries as subordinates. 
B)  Indian culture asserts that women should not hold positions of authority. 
C)  The European culture requires more formality than the Marwari culture does. 
D)  The Marwari believe that it is critical for companies to maintain family ownership

Question 7

Which of the following terms refers to fulfillment specialists who provide other companies with services such as website translation?

Accepted Answer

A)  e-commerce enablers 
B)  virtual global teams 
C)  e-businesses 
D)  born globals 
A)  e-commerce enablers 
B)  virtual global teams 
C)  e-businesses 
D)  born globals

Question 8

What are some of the potential areas of incompatibility among partners in cross-border alliances?

Accepted Answer

In addition to potential loss of proprie

Question 9

Which of the following terms refers to a bond between specially connected firms that generates preferential treatment to members of the network?

Accepted Answer

A)  nationalism 
B)  convergence 
C)  guanxihu 
D)  guanxi 
A)  nationalism 
B)  convergence 
C)  guanxihu 
D)  guanxi

Question 10

What are the benefits of outsourcing abroad? What should firms do when implementing a global sourcing strategy?

Accepted Answer

Outsourcing abroad can produce gains in

Question 11

All of the following are examples of the cooperative aspect of strategic alliances EXCEPT ________.

Accepted Answer

A)  creating economies of scale in tangible assets 
B)  forming upstream - downstream divisions of labor 
C)  limiting investment risks through shared resources 
D)  learning new intangible skills from alliance partners 
A)  creating economies of scale in tangible assets 
B)  forming upstream - downstream divisions of labor 
C)  limiting investment risks through shared resources 
D)  learning new intangible skills from alliance partners

Question 12

Which of the following terms refers to the process by which the firm integrates and benefits from the experiences and skills learned by its employees?

Accepted Answer

A)  knowledge management 
B)  strategic management 
C)  strategic planning 
D)  labor relations 
A)  knowledge management 
B)  strategic management 
C)  strategic planning 
D)  labor relations

Question 13

According to surveys, how do some European managers perceive their American employees?

Accepted Answer

European managers appreciate that Americ

Question 14

Alliances that are carried out through contract rather than ownership sharing are called ________.

Accepted Answer

A)  cultural strategic alliances 
B)  equity strategic alliances 
C)  non-equity strategic alliances 
D)  transmodal strategic alliances 
A)  cultural strategic alliances 
B)  equity strategic alliances 
C)  non-equity strategic alliances 
D)  transmodal strategic alliances

Question 15

To minimize potential problems in alliances, companies should most likely choose partners with ________.

Accepted Answer

A)  competitively sensitive technology 
B)  complementary products and skills 
C)  significant control of the target market 
D)  superior bargaining power in the same industry 
A)  competitively sensitive technology 
B)  complementary products and skills 
C)  significant control of the target market 
D)  superior bargaining power in the same industry

Question 16

Which of the following most likely caused firms to re-trench operations and cancel joint venture plans in 2009?

Accepted Answer

A)  global economic downturn 
B)  international terrorist threats 
C)  fluctuation of the euro 
D)  U.S. political atmosphere 
A)  global economic downturn 
B)  international terrorist threats 
C)  fluctuation of the euro 
D)  U.S. political atmosphere

Question 17

Organizational design as a mechanism of joint venture control refers to the ________.

Accepted Answer

A)  human resource plans and policies of the joint venture 
B)  type of functional structure suitable for the joint venture 
C)  geographic location of the joint venture's facilities 
D)  amount of decision-making power that the joint venture holds 
A)  human resource plans and policies of the joint venture 
B)  type of functional structure suitable for the joint venture 
C)  geographic location of the joint venture's facilities 
D)  amount of decision-making power that the joint venture holds

Question 18

What is the most likely reason that GM and Toyota would form a cross-border alliance?

Accepted Answer

A)  gain access to new markets 
B)  share R&D costs and risks 
C)  avoid import quotas 
D)  reduce political risk 
A)  gain access to new markets 
B)  share R&D costs and risks 
C)  avoid import quotas 
D)  reduce political risk

Question 19

What opportunities exist in Russia for American companies? Provide examples of U.S. firms that have established operations in Russia.

Accepted Answer

Despite the problems, there are opportun

Question 20

The dual role of strategic alliance refers to the ________.

Accepted Answer

A)  need to find resources and markets 
B)  need to find people and processes 
C)  conflict between cooperation and competition 
D)  conflict between home and host governments 
A)  need to find resources and markets 
B)  need to find people and processes 
C)  conflict between cooperation and competition 
D)  conflict between home and host governments

Explain the concepts of guanxi and guanxihu.

What are some of the complexities of managing and implementing a global alliance? How can e-commerce enablers assist the process?

France's Thomson Electronics combined with China's TCL to form TCL-Thomson Electronics. Thomson owns 33% and TCL owns the remaining 67% of the combined company. This is best described as a(n) ________.

Strategic alliance implementation plans require setting up ________ throughout the organization.

Why should a company seek a global alliance over some other form of market entry?

What cultural tradition was violated by the merger of Mittal and Acelor?

Which of the following terms refers to fulfillment specialists who provide other companies with services such as website translation?

What are some of the potential areas of incompatibility among partners in cross-border alliances?

Which of the following terms refers to a bond between specially connected firms that generates preferential treatment to members of the network?

What are the benefits of outsourcing abroad? What should firms do when implementing a global sourcing strategy?

All of the following are examples of the cooperative aspect of strategic alliances EXCEPT ________.

Which of the following terms refers to the process by which the firm integrates and benefits from the experiences and skills learned by its employees?

According to surveys, how do some European managers perceive their American employees?

Alliances that are carried out through contract rather than ownership sharing are called ________.

To minimize potential problems in alliances, companies should most likely choose partners with ________.

Which of the following most likely caused firms to re-trench operations and cancel joint venture plans in 2009?

Organizational design as a mechanism of joint venture control refers to the ________.

What is the most likely reason that GM and Toyota would form a cross-border alliance?

What opportunities exist in Russia for American companies? Provide examples of U.S. firms that have established operations in Russia.

The dual role of strategic alliance refers to the ________.

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

Explain the concepts of guanxi and guanxihu.

What are some of the complexities of managing and implementing a global alliance? How can e-commerce enablers assist the process?

France's Thomson Electronics combined with China's TCL to form TCL-Thomson Electronics. Thomson owns 33% and TCL owns the remaining 67% of the combined company. This is best described as a(n) ________.

Strategic alliance implementation plans require setting up ________ throughout the organization.

Why should a company seek a global alliance over some other form of market entry?

What cultural tradition was violated by the merger of Mittal and Acelor?

Which of the following terms refers to fulfillment specialists who provide other companies with services such as website translation?

What are some of the potential areas of incompatibility among partners in cross-border alliances?

Which of the following terms refers to a bond between specially connected firms that generates preferential treatment to members of the network?

What are the benefits of outsourcing abroad? What should firms do when implementing a global sourcing strategy?

All of the following are examples of the cooperative aspect of strategic alliances EXCEPT ________.

Which of the following terms refers to the process by which the firm integrates and benefits from the experiences and skills learned by its employees?

According to surveys, how do some European managers perceive their American employees?

Alliances that are carried out through contract rather than ownership sharing are called ________.

To minimize potential problems in alliances, companies should most likely choose partners with ________.

Which of the following most likely caused firms to re-trench operations and cancel joint venture plans in 2009?

Organizational design as a mechanism of joint venture control refers to the ________.

What is the most likely reason that GM and Toyota would form a cross-border alliance?

What opportunities exist in Russia for American companies? Provide examples of U.S. firms that have established operations in Russia.

The dual role of strategic alliance refers to the ________.

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