Question 1

Which means of international entry is often called outsourcing?

Accepted Answer

A)  joint venture 
B)  acquisition 
C)  green-field development 
D)  production sharing 
E)  BOT 
A)  joint venture 
B)  acquisition 
C)  green-field development 
D)  production sharing 
E)  BOT D

Question 2

The London-based International Accounting Standards Board developed International Financial Reporting Standards (IFRS)to

Accepted Answer

A)  harmonize international accounting practices. 
B)  address transfer pricing. 
C)  replace GAAP. 
D)  enforce FASB standards. 
E)  standardize worldwide expatriate assignments. 
A)  harmonize international accounting practices. 
B)  address transfer pricing. 
C)  replace GAAP. 
D)  enforce FASB standards. 
E)  standardize worldwide expatriate assignments. A

Question 3

Licensing is an especially useful strategy if the brand name is well known but the firm does not have the funds to finance its entering the country directly.

Accepted Answer

A) True 
 B)False  True

Question 4

A multi-national corporation

Accepted Answer

A)  is synonymous with an international corporation. 
B)  has limited involvement through the world. 
C)  has a worldwide perspective in its decision-making. 
D)  has limited perspective in its management. 
E)  manages worldwide operations as if they were independent. 
A)  is synonymous with an international corporation. 
B)  has limited involvement through the world. 
C)  has a worldwide perspective in its decision-making. 
D)  has limited perspective in its management. 
E)  manages worldwide operations as if they were independent.

Question 5

The impact on the firm's structure is minimal in which stage of international development?

Accepted Answer

A)  Stage 1 
B)  Stage 2 
C)  Stage 3 
D)  Stage 4 
E)  Stage 5 
A)  Stage 1 
B)  Stage 2 
C)  Stage 3 
D)  Stage 4 
E)  Stage 5

Question 6

When a host government expropriates part or all of a foreign-owned company's holdings in its country,which means of international entry is common for firms to use?

Accepted Answer

A)  joint venture 
B)  acquisition 
C)  management contracts 
D)  production sharing 
E)  BOT 
A)  joint venture 
B)  acquisition 
C)  management contracts 
D)  production sharing 
E)  BOT

Question 7

Research indicates that a multi-national corporation performs at a higher level when its CEO has international experience.

Accepted Answer

A) True 
 B)False

Question 8

Executive recruiters have reported that more major corporations are

Accepted Answer

A)  now requiring candidates to have international experience. 
B)  eliminating international assignments. 
C)  de-emphasizing the need for international experience. 
D)  eliminating stealth expatriate positions. 
E)  replacing executives with accidental expats. 
A)  now requiring candidates to have international experience. 
B)  eliminating international assignments. 
C)  de-emphasizing the need for international experience. 
D)  eliminating stealth expatriate positions. 
E)  replacing executives with accidental expats.

Question 9

The danger in using primarily foreign nationals to staff managerial positions in subsidiaries is the increased likelihood of suboptimization.

Accepted Answer

A) True 
 B)False

Question 10

For a multi-national corporation (MNC)to be considered global,it must manage its worldwide operations as if they were totally interconnected.

Accepted Answer

A) True 
 B)False

Question 11

Exporting is popular for small businesses because of the Internet and rapid advance of overnight express services.

Accepted Answer

A) True 
 B)False

Question 12

Research suggests that joint ventures are more successful in international undertakings than are wholly owned subsidiaries.

Accepted Answer

A) True 
 B)False

Question 13

The term production sharing was coined by Alfred Chandler.

Accepted Answer

A) True 
 B)False

Question 14

In one study,95% of the corporate officers interviewed stated that they use different evaluation techniques for foreign and domestic operations.

Accepted Answer

A) True 
 B)False

Question 15

What is the key to the successful implementation of strategic alliances?

Accepted Answer

A)  the selection of an appropriate country 
B)  the timing of the entry 
C)  the selection of the local partner 
D)  the size of the local partner firm 
E)  the political environment of the country 
A)  the selection of an appropriate country 
B)  the timing of the entry 
C)  the selection of the local partner 
D)  the size of the local partner firm 
E)  the political environment of the country

Question 16

What is the activity that occurs in the last stage of international development?

Accepted Answer

A)  The company invests in production facilities in key countries. 
B)  The company exports, but trade is minor and handled by an export department. 
C)  The company establishes its own export division with sales offices in other countries. 
D)  The company operates in a global industry and establishes worldwide human resources, R&D, and financing strategies thereby denationalizing its operations. 
E)  The company establishes local operating divisions in host countries to better serve individual country markets. 
A)  The company invests in production facilities in key countries. 
B)  The company exports, but trade is minor and handled by an export department. 
C)  The company establishes its own export division with sales offices in other countries. 
D)  The company operates in a global industry and establishes worldwide human resources, R&D, and financing strategies thereby denationalizing its operations. 
E)  The company establishes local operating divisions in host countries to better serve individual country markets.

Question 17

Which types of controls are recommended for a global MNC versus a multi-domestic MNC?

Accepted Answer

It is recommended that the control syste

Question 18

Which one of the following is not one of the dangers of using primarily foreign nationals to staff managerial positions in subsidiaries?

Accepted Answer

A)  the increased likelihood of suboptimization 
B)  difficulty for the MNC to meet long-term, worldwide objectives 
C)  the ability for communication and coordination becomes increasingly difficult 
D)  promotes anger and jealousy within the nationalistic host government 
E)  problems in coordinating activities of several international subsidiaries leads to problems in operating in a global industry 
A)  the increased likelihood of suboptimization 
B)  difficulty for the MNC to meet long-term, worldwide objectives 
C)  the ability for communication and coordination becomes increasingly difficult 
D)  promotes anger and jealousy within the nationalistic host government 
E)  problems in coordinating activities of several international subsidiaries leads to problems in operating in a global industry

Question 19

Suboptimization in the MNC refers to

Accepted Answer

A)  the local subsidiary ignoring the needs of the larger parent company. 
B)  the parent company ignoring the needs of the local subsidiary. 
C)  the parent company failing to hire local managers. 
D)  the local subsidiary being staffed by all expatriates. 
E)  the ease of the MNC in meeting its worldwide objectives. 
A)  the local subsidiary ignoring the needs of the larger parent company. 
B)  the parent company ignoring the needs of the local subsidiary. 
C)  the parent company failing to hire local managers. 
D)  the local subsidiary being staffed by all expatriates. 
E)  the ease of the MNC in meeting its worldwide objectives.

Question 20

Cross border commuters are known as stealth expatriates.

Accepted Answer

A) True 
 B)False

Which means of international entry is often called outsourcing?

The London-based International Accounting Standards Board developed International Financial Reporting Standards (IFRS)to

Licensing is an especially useful strategy if the brand name is well known but the firm does not have the funds to finance its entering the country directly.

A multi-national corporation

The impact on the firm's structure is minimal in which stage of international development?

When a host government expropriates part or all of a foreign-owned company's holdings in its country,which means of international entry is common for firms to use?

Research indicates that a multi-national corporation performs at a higher level when its CEO has international experience.

Executive recruiters have reported that more major corporations are

The danger in using primarily foreign nationals to staff managerial positions in subsidiaries is the increased likelihood of suboptimization.

For a multi-national corporation (MNC)to be considered global,it must manage its worldwide operations as if they were totally interconnected.

Exporting is popular for small businesses because of the Internet and rapid advance of overnight express services.

Research suggests that joint ventures are more successful in international undertakings than are wholly owned subsidiaries.

The term production sharing was coined by Alfred Chandler.

In one study,95% of the corporate officers interviewed stated that they use different evaluation techniques for foreign and domestic operations.

What is the key to the successful implementation of strategic alliances?

What is the activity that occurs in the last stage of international development?

Which types of controls are recommended for a global MNC versus a multi-domestic MNC?

Which one of the following is not one of the dangers of using primarily foreign nationals to staff managerial positions in subsidiaries?

Suboptimization in the MNC refers to

Cross border commuters are known as stealth expatriates.

Basic Concepts in Strategic Management

Corporate Governance

Social Responsibility and Ethics in Strategic Management

Environmental Scanning and Industry Analysis

Organizational Analysis and Competitive Advantage

Strategy Formulation: Business Strategy

Strategy Formulation: Corporate Strategy

Strategy Formulation: Functional Strategy and Strategic Choice

Strategy Implementation: Organizing and Structure

Strategy Implementation: Staffing and Directing

Evaluation and Control

Suggestions for Case Analysis

Filters

Exam 9: Strategy Implementation: Global Strategy

Which means of international entry is often called outsourcing?

The London-based International Accounting Standards Board developed International Financial Reporting Standards (IFRS)to

Licensing is an especially useful strategy if the brand name is well known but the firm does not have the funds to finance its entering the country directly.

A multi-national corporation

The impact on the firm's structure is minimal in which stage of international development?

When a host government expropriates part or all of a foreign-owned company's holdings in its country,which means of international entry is common for firms to use?

Research indicates that a multi-national corporation performs at a higher level when its CEO has international experience.

Executive recruiters have reported that more major corporations are

The danger in using primarily foreign nationals to staff managerial positions in subsidiaries is the increased likelihood of suboptimization.

For a multi-national corporation (MNC)to be considered global,it must manage its worldwide operations as if they were totally interconnected.

Exporting is popular for small businesses because of the Internet and rapid advance of overnight express services.

Research suggests that joint ventures are more successful in international undertakings than are wholly owned subsidiaries.

The term production sharing was coined by Alfred Chandler.

In one study,95% of the corporate officers interviewed stated that they use different evaluation techniques for foreign and domestic operations.

What is the key to the successful implementation of strategic alliances?

What is the activity that occurs in the last stage of international development?

Which types of controls are recommended for a global MNC versus a multi-domestic MNC?

Which one of the following is not one of the dangers of using primarily foreign nationals to staff managerial positions in subsidiaries?

Suboptimization in the MNC refers to

Cross border commuters are known as stealth expatriates.

Basic Concepts in Strategic Management

Corporate Governance

Social Responsibility and Ethics in Strategic Management

Environmental Scanning and Industry Analysis

Organizational Analysis and Competitive Advantage

Strategy Formulation: Business Strategy

Strategy Formulation: Corporate Strategy

Strategy Formulation: Functional Strategy and Strategic Choice

Strategy Implementation: Organizing and Structure

Strategy Implementation: Staffing and Directing

Evaluation and Control

Suggestions for Case Analysis

Filters