International Management: Questions on Global Alliances and Strategy Implementation

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Question 1
1.  
Which of the following terms refers to working partnerships between MNCs across national boundaries and often across industries? Answer
| | transnational corporations|
| | strategic alliances|
| | foreign subsidiaries|
| | turnkey operations|

1.  
Which of the following terms refers to an overseas business owned and controlled by two or more partners? Answer
| | multinational enterprise|
| | foreign direct investment|
| | global management team|
| | international joint venture|

1.  
Alliances in which two or more partners have different relative ownership shares in the new venture are called ________. Answer
| | cultural strategic alliances|
| | equity strategic alliances|
| | non-equity strategic alliances|
| | transmodal strategic alliances|

1.  
Firms most likely form cross-border strategic alliances with European companies because ________. Answer
| | technology within the EU changes rapidly|
| | EU regulations favor domestic companies|
| | franchising and licensing are illegal in the EU|
| | EU consumers demand foreign-made products|

1.  
________ is the process by which a firm gradually changes in response to the imperatives of international competition, domestic market saturation, and desire for expansion. Answer
| | Organizing|
| |  Strategy|
| | Localizing|
| | Internationalization|

1.  
Small firms typically begin their international involvement by ________. Answer
| | exporting|
| | franchising|
| | outsourcing|
| | forming joint ventures|

1.  
Which of the following terms refers to focusing on and specializing in specific markets? Answer
| | integration|
| | implementation|
| | differentiation|
| | globalization|

1.  
What was the origin of most emergent market companies?
Answer
| | family businesses|
| | multinational firms|
| | franchises|
| | joint ventures|

1.  
The term ________ is increasingly replacing the term ________ due to the global staffing approach. Answer
| | subsidiary, transnational|
| | ethnocentric, polycentric|
| | transpatriate, expatriate|
| | global manager, line manager|

1.  
Recruiting managers from Latin America for a position in Brazil is an example of which staffing approach? Answer
| | global|
| | ethnocentric|
| | regiocentric|
| | polycentric|

1.  
According to Kopp, which of the following is an IHRM problem associated with Japanese firms that use the ethnocentric staffing approach? Answer
| | high turnover among expatriates|
| | low number of top level managers|
| | employee repatriation difficulties|
| | insufficient projection of HR needs|

1.  
Historically, personnel directors select potential expatriates on the basis of a candidate's ________.  Answer
| | foreign language skills|
| | adaptation capabilities|
| | cross-cultural awareness|
| | domestic track records|

1.  
Successful repatriation is most likely important to the parent company because it ________. Answer
| | enables firms to recover all financial losses|
| | allows firms to establish roots in developing countries| | | improves the ability to recruit new expatriate managers| | | helps spouses of expatriates find rewarding jobs overseas|

1.  
Which of the following will most likely occur during the home country exit transition process? Answer
| | vertical integration|
| | career counseling|
| | reverse culture shock|
| | culture sensitivity training|

1.  
Which of the following is more likely to be learned during an overseas assignment than during a home-country assignment? Answer
| | acquisition of high-level technical skills|
| | management of information systems|
| | management of office politics|
| |...
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