Exam 13: Strategizing,Structuring,and Learning around the World

Which element of knowledge management faces the common problem of absorptive capacity?

MNEs that engage in a transnational strategy promote global learning.

The _____ strategy is also known as multidomestic strategy.

Social capital is the ability to recognize the value of new information,assimilate it,and apply it.

Which are the two primary pressures MNEs confront?

Summarize the advantages and disadvantages of the transnational strategy.

Knowledge outflow,one of the knowledge management elements,faces the common problem of _____.

What are centers of excellence?

Local responsiveness makes local customers and governments happy and helps decrease costs.

Which of the following is an example of tacit knowledge?

The _____ strategy focuses on development and distribution of standardized products worldwide to reap maximum benefits from low-cost advantages.

The terms knowledge management and information management can be used interchangeably.

The global product division structure organizes the MNE according to different geographic areas.

The international division structure is an organizational structure typically set up when a firm first engages in a home replication strategy.

Accurately measuring the inflows and outflows of tacit and explicit knowledge is process oriented and easy to achieve.

The global standardization strategy lacks local responsiveness.

Absorptive capacity refers to the informal benefits that individuals and organizations derive from their social structures and networks.

Briefly explain which of the four organizational structures is appropriate for each of the MNE strategic choices.