Question 1

What type of partner is favored by firms when forming new alliances?

Accepted Answer

A)  entrepreneurial firms 
B)  firms in alliances with multiple other firms 
C)  small organizations 
D)  past partners 
E)  large organizations 
A)  entrepreneurial firms 
B)  firms in alliances with multiple other firms 
C)  small organizations 
D)  past partners 
E)  large organizations

Question 2

The likelihood that an expat will return home early is increased by

Accepted Answer

A)  the perceived lack of organizational support for international assignments. 
B)  the emphasis on cultural training. 
C)  an inability to speak the language. 
D)  interpersonal conflicts with host country employees. 
E)  a lack of fit with the technical skills of the job. 
A)  the perceived lack of organizational support for international assignments. 
B)  the emphasis on cultural training. 
C)  an inability to speak the language. 
D)  interpersonal conflicts with host country employees. 
E)  a lack of fit with the technical skills of the job.

Question 3

An MNC should use loose controls on its foreign units,but a global MNC needs tight controls over its many units.

Accepted Answer

A) True 
 B)False

Question 4

Within a year of returning home,25% of expats

Accepted Answer

A)  leave the company to join a competitor. 
B)  get promoted. 
C)  take a headquarters position. 
D)  take another international assignment. 
E)  mentor other expats. 
A)  leave the company to join a competitor. 
B)  get promoted. 
C)  take a headquarters position. 
D)  take another international assignment. 
E)  mentor other expats.

Question 5

Management contracts are common when a host government expropriates part or all of a foreign-owned company's holdings in its country.

Accepted Answer

A) True 
 B)False

Question 6

A relatively quick way to move into an international area is through green-field development.

Accepted Answer

A) True 
 B)False

Question 7

An international company is a highly developed company with a deep involvement throughout the world,plus a worldwide perspective in its management and decision-making.

Accepted Answer

A) True 
 B)False

Question 8

What percent of corporate officers report using the same evaluation techniques for foreign and domestic operations?

Accepted Answer

A)  95% 
B)  80% 
C)  65% 
D)  50% 
E)  25% 
A)  95% 
B)  80% 
C)  65% 
D)  50% 
E)  25%

Question 9

A study of 79 MNCs revealed that international transfer pricing from one country unit to another is primarily used to

Accepted Answer

A)  evaluate performance. 
B)  minimize taxes. 
C)  control imports. 
D)  improve communication. 
E)  move corporate headquarters. 
A)  evaluate performance. 
B)  minimize taxes. 
C)  control imports. 
D)  improve communication. 
E)  move corporate headquarters.

Question 10

The vast majority of companies select employees for an international assignment based on their

Accepted Answer

A)  language skills. 
B)  ability to adapt. 
C)  cultural sensitivity. 
D)  technical expertise. 
E)  position in the organization. 
A)  language skills. 
B)  ability to adapt. 
C)  cultural sensitivity. 
D)  technical expertise. 
E)  position in the organization.

Question 11

Using third-country nationals

Accepted Answer

A)  eliminates misunderstandings with local employees. 
B)  eliminates conflicts with the host country's government. 
C)  is a widespread practice among European firms. 
D)  decreases the opportunities for promotion. 
E)  is the transfer of parent company managers to an international assignment. 
A)  eliminates misunderstandings with local employees. 
B)  eliminates conflicts with the host country's government. 
C)  is a widespread practice among European firms. 
D)  decreases the opportunities for promotion. 
E)  is the transfer of parent company managers to an international assignment.

Question 12

Which of the following is not a recommendation to improve the entire expat process?

Accepted Answer

A)  Keep reasons for international assignments broad. 
B)  Assign mentors in both the home country and the host country. 
C)  Develop a means of maintaining open, frequent communication throughout the process. 
D)  Design a plan for repatriation. 
E)  Develop an approach for sharing the international experience within the company. 
A)  Keep reasons for international assignments broad. 
B)  Assign mentors in both the home country and the host country. 
C)  Develop a means of maintaining open, frequent communication throughout the process. 
D)  Design a plan for repatriation. 
E)  Develop an approach for sharing the international experience within the company.

Question 13

A key driver for strategic fit between international alliance partners is that the alliance must be important to both partners.

Accepted Answer

A) True 
 B)False

Question 14

Foreign units of MNCs are evaluated more as investment or profit centers.

Accepted Answer

A) True 
 B)False

Question 15

One benefit of a U.S.company entering a joint venture with an international firm is that it

Accepted Answer

A)  reduces the risks of expropriation by host country officials. 
B)  enhances the policy of the host country's takeover of the firm. 
C)  promotes skepticism among other countries not involved in the merger. 
D)  encourages competitors to work with the company. 
E)  increases revenues by 20%. 
A)  reduces the risks of expropriation by host country officials. 
B)  enhances the policy of the host country's takeover of the firm. 
C)  promotes skepticism among other countries not involved in the merger. 
D)  encourages competitors to work with the company. 
E)  increases revenues by 20%.

Question 16

Government restrictions on ownership can discourage acquisitions.

Accepted Answer

A) True 
 B)False

Question 17

An MNC uses which international strategy for entering a foreign market by associating itself with a firm in the host country or a government agency in that country to combine resources and expertise needed for the development of a new product or technologies?

Accepted Answer

A)  licensing 
B)  joint ventures 
C)  production sharing 
D)  exporting 
E)  acquisitions 
A)  licensing 
B)  joint ventures 
C)  production sharing 
D)  exporting 
E)  acquisitions

Question 18

Research indicates that corporations using cross-national teams,whose members have international experience and communicate frequently with overseas managers,have greater product development capabilities.

Accepted Answer

A) True 
 B)False

Question 19

A global MNC should use what type of controls over its foreign units?

Accepted Answer

A)  Management should be given considerable latitude, but be required to meet some predetermined performance targets. 
B)  Management should use a matrix structure allowing some limited autonomy of the foreign unit. 
C)  Management needs to exert tight controls over its many units using a centralized strategic operational decision-making format. 
D)  Management should use a functional approach assigning distinct and separate responsibilities to each department throughout the MNC. 
E)  Management should use a divisional approach assigning goals and targets for each product-group on all its foreign units collectively. 
A)  Management should be given considerable latitude, but be required to meet some predetermined performance targets. 
B)  Management should use a matrix structure allowing some limited autonomy of the foreign unit. 
C)  Management needs to exert tight controls over its many units using a centralized strategic operational decision-making format. 
D)  Management should use a functional approach assigning distinct and separate responsibilities to each department throughout the MNC. 
E)  Management should use a divisional approach assigning goals and targets for each product-group on all its foreign units collectively.

Question 20

The BOT concept stands for Build,Operate,Transfer.

Accepted Answer

A) True 
 B)False

What type of partner is favored by firms when forming new alliances?

The likelihood that an expat will return home early is increased by

An MNC should use loose controls on its foreign units,but a global MNC needs tight controls over its many units.

Within a year of returning home,25% of expats

Management contracts are common when a host government expropriates part or all of a foreign-owned company's holdings in its country.

A relatively quick way to move into an international area is through green-field development.

An international company is a highly developed company with a deep involvement throughout the world,plus a worldwide perspective in its management and decision-making.

What percent of corporate officers report using the same evaluation techniques for foreign and domestic operations?

A study of 79 MNCs revealed that international transfer pricing from one country unit to another is primarily used to

The vast majority of companies select employees for an international assignment based on their

Using third-country nationals

Which of the following is not a recommendation to improve the entire expat process?

A key driver for strategic fit between international alliance partners is that the alliance must be important to both partners.

Foreign units of MNCs are evaluated more as investment or profit centers.

One benefit of a U.S.company entering a joint venture with an international firm is that it

Government restrictions on ownership can discourage acquisitions.

An MNC uses which international strategy for entering a foreign market by associating itself with a firm in the host country or a government agency in that country to combine resources and expertise needed for the development of a new product or technologies?

Research indicates that corporations using cross-national teams,whose members have international experience and communicate frequently with overseas managers,have greater product development capabilities.

A global MNC should use what type of controls over its foreign units?

The BOT concept stands for Build,Operate,Transfer.

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

What type of partner is favored by firms when forming new alliances?

The likelihood that an expat will return home early is increased by

An MNC should use loose controls on its foreign units,but a global MNC needs tight controls over its many units.

Within a year of returning home,25% of expats

Management contracts are common when a host government expropriates part or all of a foreign-owned company's holdings in its country.

A relatively quick way to move into an international area is through green-field development.

An international company is a highly developed company with a deep involvement throughout the world,plus a worldwide perspective in its management and decision-making.

What percent of corporate officers report using the same evaluation techniques for foreign and domestic operations?

A study of 79 MNCs revealed that international transfer pricing from one country unit to another is primarily used to

The vast majority of companies select employees for an international assignment based on their

Using third-country nationals

Which of the following is not a recommendation to improve the entire expat process?

A key driver for strategic fit between international alliance partners is that the alliance must be important to both partners.

Foreign units of MNCs are evaluated more as investment or profit centers.

One benefit of a U.S.company entering a joint venture with an international firm is that it

Government restrictions on ownership can discourage acquisitions.

An MNC uses which international strategy for entering a foreign market by associating itself with a firm in the host country or a government agency in that country to combine resources and expertise needed for the development of a new product or technologies?

Research indicates that corporations using cross-national teams,whose members have international experience and communicate frequently with overseas managers,have greater product development capabilities.

A global MNC should use what type of controls over its foreign units?

The BOT concept stands for Build,Operate,Transfer.

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