Question 1

In 2015,MNEs' foreign affiliates generated value added of more than _____ of global GDP and ____ of world exports.

Accepted Answer

A)  1/5, 50% 
B)  1/10, 30% 
C)  1/15, 20% 
D)  1/8, 25% 
A)  1/5, 50% 
B)  1/10, 30% 
C)  1/15, 20% 
D)  1/8, 25% B

Question 2

Only one article further develops the idea that "the process of developing these strategic and organizational attributes lies at the heart of the internationalization process through which a company builds its position in world markets.

Accepted Answer

A) True 
 B)False  False

Question 3

For an MNE to exist,first foreign countries must provide location-specific advantages to attract the company to invest there,second the company must have ownership-specific advantages that counteract its liability of foreignness,third the company must have the organizational capability to leverage its strategic advantages more effectively internally than externally.

Accepted Answer

A) True 
 B)False  True

Question 4

Raymond Vernon's article "Gone are the cash cows of yesteryear" highlights a company's global scanning and learning capability.

Accepted Answer

A) True 
 B)False

Question 5

_________ suggests that in the first stage innovations are produced in the home developed country; in the second stage they are exported to other similarly developed countries; in the third stage,they start being produced in these developed countries; in the fourth stage they start being produced in low-wage developing countries.

Accepted Answer

A)  Vernon's product cycle theory 
B)  Johanson and Vahlne's stages theory 
C)  Dunning's eclectic theory 
D)  Levitt's globalization theory 
A)  Vernon's product cycle theory 
B)  Johanson and Vahlne's stages theory 
C)  Dunning's eclectic theory 
D)  Levitt's globalization theory

Question 6

Roy is the CEO of a multinational apparel company.How would he conceptualize the strategic role of his firm's foreign operations if he embraced a 'global mentality'? If he embraced a 'multinational mentality'?

Accepted Answer

If Roy embraced a global mentality,he wo

Question 7

If you had been the founder of Dunkin Donuts,would you have chosen to heavily rely on franchising,the strategy used by Rosenberg,as your entry mode to foreign countries? Or would you have chosen to rely on wholly owned subsidiaries as your foreign entry mode? Why?

Accepted Answer

Franchising.Franchising can help a compa

Question 8

The 100 largest TNCs from developing and transition economies shows:

Accepted Answer

A)  The importance of developing and transition economies is declining. 
B)  The status quo of developing and transition economies. 
C)  The importance of developing and transition economies is increasing. 
D)  None of the above 
A)  The importance of developing and transition economies is declining. 
B)  The status quo of developing and transition economies. 
C)  The importance of developing and transition economies is increasing. 
D)  None of the above

Question 9

Which of the following correctly describes the sequential evolution in management thinking with respect to the strategic role of foreign operations in emerging MNEs?

Accepted Answer

A)  global mentality, multinational mentality, international mentality, transnational mentality. 
B)  international mentality, global mentality, transnational mentality, multinational mentality. 
C)  multinational mentality, global mentality, international mentality, transnational mentality. 
D)  international mentality, multinational mentality, global mentality, transnational mentality. 
A)  global mentality, multinational mentality, international mentality, transnational mentality. 
B)  international mentality, global mentality, transnational mentality, multinational mentality. 
C)  multinational mentality, global mentality, international mentality, transnational mentality. 
D)  international mentality, multinational mentality, global mentality, transnational mentality.

Question 10

Briefly compare and contrast the four mentalities toward internationalization.

Accepted Answer

Companies that have an international men

Question 11

An MNE with a 'multinational mentality' will typically be managed as a coordinated federation.

Accepted Answer

A) True 
 B)False

Question 12

The demand for the Italy-based Sparkly Fashion Manufacturing's unisex pants has been continually increasing.Sparkos,the CEO of the company,intends to take his company international by producing these unisex pants mainly in Italy and selling them in the same way all over the world.Sparkos is operating with a(n):

Accepted Answer

A)  multinational mentality 
B)  global mentality 
C)  international mentality 
D)  transnational mentality 
A)  multinational mentality 
B)  global mentality 
C)  international mentality 
D)  transnational mentality

Question 13

The process of internationalization followed by most firms is usually well-thought out in advance and typically builds on a combination of rational analysis,planning and implementation.

Accepted Answer

A) True 
 B)False

Question 14

A joint venture is a contractual mode of foreign entry involving a high level of resource commitment by all partners.

Accepted Answer

A) True 
 B)False

Question 15

Briefly explain the product cycle of smart phones using Raymond Vernon's product cycle theory.

Accepted Answer

This theory suggests that early in a pro

Question 16

Briefly compare and contrast the Uppsala Internationalization Model and the Born Global Model. Under what circumstances is each model most applicable? Give examples to support your arguments.

Accepted Answer

According to the Uppsala Model, companie

Question 17

Which of the following constitutes a list of foreign entry modes that involve the MNE to make a foreign investment

Accepted Answer

A)  Wholly owned, joint venture 
B)  Wholly owned, license 
C)  Franchising, joint venture 
D)  Franchising, license 
A)  Wholly owned, joint venture 
B)  Wholly owned, license 
C)  Franchising, joint venture 
D)  Franchising, license

Question 18

HomeAppliances Co.is a new manufacturer of home appliances.HomeAppliances wants to go international.Some of its traditional motivations for pursuing internationalization include:

Accepted Answer

A)  securing key supplies, seeking new markets, and raising global scanning and learning capabilities 
B)  securing key supplies, seeking new markets, and improving competitive positioning 
C)  securing key supplies, seeking new markets and accessing low-cost factors of production 
D)  securing key supplies, improving competitive positioning, and accessing low-cost factors of production 
A)  securing key supplies, seeking new markets, and raising global scanning and learning capabilities 
B)  securing key supplies, seeking new markets, and improving competitive positioning 
C)  securing key supplies, seeking new markets and accessing low-cost factors of production 
D)  securing key supplies, improving competitive positioning, and accessing low-cost factors of production

Question 19

All companies internationalize in an incremental manner.First,they make an initial commitment of resources to the foreign market in order to secure local market knowledge.Building on this knowledge,they make subsequent resource commitments,eventually leading to higher levels of investment in the foreign market.

Accepted Answer

A) True 
 B)False

Question 20

The CEO of Paragon Ltd.wants to take his company international.What are the three big questions he must answer before expanding abroad?

Accepted Answer

The three questions this CEO must answer

In 2015,MNEs' foreign affiliates generated value added of more than _ of global GDP and of world exports.

Only one article further develops the idea that "the process of developing these strategic and organizational attributes lies at the heart of the internationalization process through which a company builds its position in world markets.

Raymond Vernon's article "Gone are the cash cows of yesteryear" highlights a company's global scanning and learning capability.

Roy is the CEO of a multinational apparel company.How would he conceptualize the strategic role of his firm's foreign operations if he embraced a 'global mentality'? If he embraced a 'multinational mentality'?

If you had been the founder of Dunkin Donuts,would you have chosen to heavily rely on franchising,the strategy used by Rosenberg,as your entry mode to foreign countries? Or would you have chosen to rely on wholly owned subsidiaries as your foreign entry mode? Why?

The 100 largest TNCs from developing and transition economies shows:

Which of the following correctly describes the sequential evolution in management thinking with respect to the strategic role of foreign operations in emerging MNEs?

Briefly compare and contrast the four mentalities toward internationalization.

An MNE with a 'multinational mentality' will typically be managed as a coordinated federation.

The process of internationalization followed by most firms is usually well-thought out in advance and typically builds on a combination of rational analysis,planning and implementation.

A joint venture is a contractual mode of foreign entry involving a high level of resource commitment by all partners.

Briefly explain the product cycle of smart phones using Raymond Vernon's product cycle theory.

Briefly compare and contrast the Uppsala Internationalization Model and the Born Global Model. Under what circumstances is each model most applicable? Give examples to support your arguments.

Which of the following constitutes a list of foreign entry modes that involve the MNE to make a foreign investment

HomeAppliances Co.is a new manufacturer of home appliances.HomeAppliances wants to go international.Some of its traditional motivations for pursuing internationalization include:

The CEO of Paragon Ltd.wants to take his company international.What are the three big questions he must answer before expanding abroad?

Understanding the international context: Responding to conflicting environmental forces

Developing Transnational Strategies: Building Layers of Competitive Advantage

Developing a Transnational Organization: Managing Integration, Responsiveness, and Flexibility

Creating Worldwide Innovation and Learning: Exploiting Cross-Border Knowledge Management

Engaging in Cross-Border Collaboration: Managing across Corporate Boundaries

Implementing the Strategy: Building Multidimensional Capabilities

The Future of the Transnational: An Evolving Global Role

Filters

Exam 1: Expanding abroad: Motivations, means, and mentalities

In 2015,MNEs' foreign affiliates generated value added of more than _____ of global GDP and ____ of world exports.

Only one article further develops the idea that "the process of developing these strategic and organizational attributes lies at the heart of the internationalization process through which a company builds its position in world markets.

Raymond Vernon's article "Gone are the cash cows of yesteryear" highlights a company's global scanning and learning capability.

Roy is the CEO of a multinational apparel company.How would he conceptualize the strategic role of his firm's foreign operations if he embraced a 'global mentality'? If he embraced a 'multinational mentality'?

If you had been the founder of Dunkin Donuts,would you have chosen to heavily rely on franchising,the strategy used by Rosenberg,as your entry mode to foreign countries? Or would you have chosen to rely on wholly owned subsidiaries as your foreign entry mode? Why?

The 100 largest TNCs from developing and transition economies shows:

Which of the following correctly describes the sequential evolution in management thinking with respect to the strategic role of foreign operations in emerging MNEs?

Briefly compare and contrast the four mentalities toward internationalization.

An MNE with a 'multinational mentality' will typically be managed as a coordinated federation.

The process of internationalization followed by most firms is usually well-thought out in advance and typically builds on a combination of rational analysis,planning and implementation.

A joint venture is a contractual mode of foreign entry involving a high level of resource commitment by all partners.

Briefly explain the product cycle of smart phones using Raymond Vernon's product cycle theory.

Briefly compare and contrast the Uppsala Internationalization Model and the Born Global Model. Under what circumstances is each model most applicable? Give examples to support your arguments.

Which of the following constitutes a list of foreign entry modes that involve the MNE to make a foreign investment

HomeAppliances Co.is a new manufacturer of home appliances.HomeAppliances wants to go international.Some of its traditional motivations for pursuing internationalization include:

The CEO of Paragon Ltd.wants to take his company international.What are the three big questions he must answer before expanding abroad?

Understanding the international context: Responding to conflicting environmental forces

Developing Transnational Strategies: Building Layers of Competitive Advantage

Developing a Transnational Organization: Managing Integration, Responsiveness, and Flexibility

Creating Worldwide Innovation and Learning: Exploiting Cross-Border Knowledge Management

Engaging in Cross-Border Collaboration: Managing across Corporate Boundaries

Implementing the Strategy: Building Multidimensional Capabilities

The Future of the Transnational: An Evolving Global Role

Filters

In 2015,MNEs' foreign affiliates generated value added of more than _ of global GDP and of world exports.