International Management: Questions on Global Alliances and Strategy Implementation
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 |
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 |