Deck 14: Global Strategies and Acquisitions

Question 1

In large multinational organizations, the 'not invented here syndrome' is an obstacle to: A)knowledge retention
B)knowledge sharing
C)communication of knowledge
D)knowledge utilization

Answer 1

D

Question 2

MNEs that aim to combine the advantages of global integration and local adaptation are pursuing _____ strategy. A)transnational
B)global
C)adaptive
D)matrix

Answer 2

A

Question 3

Social capital includes the Informal benefits organizations can derive from their social networks.

Answer 3

True

Question 4

Global matrix structures are not suitable for implementing transnational strategies.

Question 5

Which statement about international strategies is correct? A)International strategies are typical for MNEs in early stages of their internationalization.
B)International strategies enhance corporate performance.
C)International strategies allow high degrees of local adaptation.
D)International strategies allow the realization of economies of scale on a global scale.

Question 6

Tacit organizational knowledge is embedded in: A)individual's skills and know how
B)databases
C)internal rules and job descriptions
D)organizational structures, cultures and routines

Question 7

Organizationally embedded knowledge is normally in tacit form.

Question 8

The structures and mechanisms MNEs use to facilitate the creation, integration, sharing and utilization of knowledge are known as:

A)transnational strategy
B)matrix structures
C)knowledge governance
D)corporate governance

Question 9

Against the flow of command in hierarchical organizations, some MNE subsidiaries take proactive and deliberate action to convince their headquarters to increase the scope of their responsibility.Such action is also known as:

A)subsidiary mandate
B)worldwide mandate
C)centre of excellence
D)subsidiary initiative

Question 10

Communities of practice have to be located at the same site to be able to share tacit knowledge amongst each other.

Question 11

Global standards strategy enables firms to provide products adapted to each local context.

Question 12

An economic area structure emphasizes local adaptation of products and processes.