Question 1

Multidomestic strategy involves all of the following EXCEPT:

Accepted Answer

A)  A focus on a number of foreign countries/regions. 
B)  Regarding each foreign country as a stand-alone "domestic" market. 
C)  Global standardization strategy is the same as a multidomestic strategy. 
D)  High costs.

Question 2

​The structure that best supports,in theory,the transnational strategy is:

Accepted Answer

A)  ​Global matrix. 
B)  ​International division. 
C)  ​Global product division. 
D)  ​Geographic area.

Question 3

​How is social capital used in knowledge management?

Accepted Answer

The answer of ​How is social capital used in knowledge...

Question 4

The structure that is typically set up when firms initially expand abroad is a:

Accepted Answer

A)  International division structure. 
B)  Flexible matrix structure. 
C)  Global product division structure. 
D)  Global matrix structure.

Question 5

​Open innovation,although it accelerates internal innovation,tends to get out of control and is more of a detriment than a benefit.

Accepted Answer

A) True 
 B)False

Question 6

Localization strategy is an extension of the home replication strategy.

Accepted Answer

A) True 
 B)False

Question 7

Knowledge management not only depends on IT,but also on informal social relationships within the MNE.

Accepted Answer

A) True 
 B)False

Question 8

Overall,the micro,informal interpersonal relationships among managers of various units may create a micro-macro link.

Accepted Answer

A) True 
 B)False

Question 9

​A home replication strategy takes advantage of current competencies but risks alienating foreign customers if it lacks local responsiveness.

Accepted Answer

A) True 
 B)False

Question 10

​Because consumer tastes around the world are converging,product differentiation will soon be unnecessary.

Accepted Answer

A) True 
 B)False

Question 11

​For most MNEs,their stakeholders do not react well to a top echelon of company officials coming almost entirely from one nationality.

Accepted Answer

A) True 
 B)False

Question 12

​Being locally responsive can run the risk of MNE fragmentation.

Accepted Answer

A) True 
 B)False

Question 13

​MNEs that buy and use enterprise resource planning (ERP)packages provide themselves with a firm-specific advantage in doing so.

Accepted Answer

A) True 
 B)False

Question 14

Which of the following is NOT an argument in favor of centralization in knowledge management but instead is an argument in favor of decentralization?

Accepted Answer

A)  Capability to facilitate corporate-wide coordination. 
B)  Consistency in decision-making. 
C)  Permits greater speed,flexibility,and innovation. 
D)  Sufficient power for corporate-level managers to initiate necessary actions.

Question 15

It is obviously a lot easier to imitate an intangible philosophy or mentality than to imitate a tangible structure.

Accepted Answer

A) True 
 B)False

Question 16

​For MNEs pursuing a home-replication strategy,knowledge management:

Accepted Answer

A)  ​Is characterized by a great deal of dependence among subsidiaries. 
B)  Develops mostly at the subsidiary level and flows upward to headquarters.​ 
C)  ​Occurs in a one-way flow from center to subsidiaries. 
D)  ​None of the above.

Question 17

​Which of the following statements about GE (opening case)and its knowledge management is true?

Accepted Answer

A)  ​Interdependence is low. 
B)  ​An integrated network of subsidiaries is slowly being replaced by a top-down hierarchy. 
C)  ​Each subsidiary not only develops locally relevant knowledge but also aspires to contribute knowledge to benefit the MNE as a whole. 
D)  ​Knowledge and people typically flow from headquarters to subsidiaries.

Question 18

​The high costs due to duplication of efforts in multiple countries is a disadvantage of a:

Accepted Answer

A)  ​Global standardization strategy. 
B)  ​Localization strategy. 
C)  ​Home replication strategy. 
D)  ​None of the above.

Question 19

​Within a given industry,as competitors increasingly match each other in cost efficiencies and local responsiveness

Accepted Answer

A)  ​They will be less affected by the bargaining power of suppliers. 
B)  ​Their rivalry naturally focuses on learning and innovation. 
C)  ​A geographic area division structure will become the most effective structure. 
D)  ​R&D activities and innovation become less and less important.

Question 20

Suppose you are the leader of a nation that currently has few capabilities other than a well-educated populace that could contribute to economic growth.However,you think you have a bright idea.You are going to encourage MNEs from around the world to locate their headquarters in your country.What might attract them and how might that pay off if you are successful?

Accepted Answer

The answer of Suppose you are the leader of a...

Exam 10: Strategizing, structuring, and Learningaround the World

Multidomestic strategy involves all of the following EXCEPT:

The structure that best supports,in theory,the transnational strategy is:

How is social capital used in knowledge management?

The structure that is typically set up when firms initially expand abroad is a:

Open innovation,although it accelerates internal innovation,tends to get out of control and is more of a detriment than a benefit.

Localization strategy is an extension of the home replication strategy.

Knowledge management not only depends on IT,but also on informal social relationships within the MNE.

Overall,the micro,informal interpersonal relationships among managers of various units may create a micro-macro link.

A home replication strategy takes advantage of current competencies but risks alienating foreign customers if it lacks local responsiveness.

Because consumer tastes around the world are converging,product differentiation will soon be unnecessary.

For most MNEs,their stakeholders do not react well to a top echelon of company officials coming almost entirely from one nationality.

Being locally responsive can run the risk of MNE fragmentation.

MNEs that buy and use enterprise resource planning (ERP)packages provide themselves with a firm-specific advantage in doing so.

Which of the following is NOT an argument in favor of centralization in knowledge management but instead is an argument in favor of decentralization?

It is obviously a lot easier to imitate an intangible philosophy or mentality than to imitate a tangible structure.

For MNEs pursuing a home-replication strategy,knowledge management:

Which of the following statements about GE (opening case) and its knowledge management is true?

The high costs due to duplication of efforts in multiple countries is a disadvantage of a:

Within a given industry,as competitors increasingly match each other in cost efficiencies and local responsiveness

Exam 10: Strategizing, structuring, and Learningaround the World

Multidomestic strategy involves all of the following EXCEPT:

​The structure that best supports,in theory,the transnational strategy is:

​How is social capital used in knowledge management?

The structure that is typically set up when firms initially expand abroad is a:

​Open innovation,although it accelerates internal innovation,tends to get out of control and is more of a detriment than a benefit.

Localization strategy is an extension of the home replication strategy.

Knowledge management not only depends on IT,but also on informal social relationships within the MNE.

Overall,the micro,informal interpersonal relationships among managers of various units may create a micro-macro link.

​A home replication strategy takes advantage of current competencies but risks alienating foreign customers if it lacks local responsiveness.

​Because consumer tastes around the world are converging,product differentiation will soon be unnecessary.

​For most MNEs,their stakeholders do not react well to a top echelon of company officials coming almost entirely from one nationality.

​Being locally responsive can run the risk of MNE fragmentation.

​MNEs that buy and use enterprise resource planning (ERP)packages provide themselves with a firm-specific advantage in doing so.

Which of the following is NOT an argument in favor of centralization in knowledge management but instead is an argument in favor of decentralization?

It is obviously a lot easier to imitate an intangible philosophy or mentality than to imitate a tangible structure.

​For MNEs pursuing a home-replication strategy,knowledge management:

​Which of the following statements about GE (opening case) and its knowledge management is true?

​The high costs due to duplication of efforts in multiple countries is a disadvantage of a:

​Within a given industry,as competitors increasingly match each other in cost efficiencies and local responsiveness

The structure that best supports,in theory,the transnational strategy is:

How is social capital used in knowledge management?

Open innovation,although it accelerates internal innovation,tends to get out of control and is more of a detriment than a benefit.

A home replication strategy takes advantage of current competencies but risks alienating foreign customers if it lacks local responsiveness.

Because consumer tastes around the world are converging,product differentiation will soon be unnecessary.

For most MNEs,their stakeholders do not react well to a top echelon of company officials coming almost entirely from one nationality.

Being locally responsive can run the risk of MNE fragmentation.

MNEs that buy and use enterprise resource planning (ERP)packages provide themselves with a firm-specific advantage in doing so.

For MNEs pursuing a home-replication strategy,knowledge management:

Which of the following statements about GE (opening case) and its knowledge management is true?

The high costs due to duplication of efforts in multiple countries is a disadvantage of a:

Within a given industry,as competitors increasingly match each other in cost efficiencies and local responsiveness