Exam 2: Global Leaders Learning in Response to Change

MNEs doing business in foreign markets generally use either a global efficiency or local responsiveness strategy depending on whether customers around the world use the same purchasing criteria or not.In which of the following industries would a global efficiency strategy be the best choice?

MNEs carefully select joint venture partners by considering:

Keirsey identified four individual learning styles that were predominantly characteristic of specific national cultures.Which of the four was the most supportive of stability and the status quo and least responsive to changing conditions?

Reactive change conditions include:

If an MNE's mindset is that only skilled local managers and employees can truly under-stand how to handle the cultural milieu in that local market, this represents a:

Companies seek to limit risk upon entering a new and uncertain foreign market for the first time by choosing X as their initial entry strategy.