Question 1

Parent companies use the IJV control process in order to ensure that the management of the joint venture conforms to ________.

Accepted Answer

A) international accounting standards 
B) qualitative standards 
C) its own interests 
D) industry standards 
A) international accounting standards 
B) qualitative standards 
C) its own interests 
D) industry standards

Question 2

Which of the following is a pitfall of cross-border alliances?

Accepted Answer

A) increase in the number of existing competitors 
B) disputes over management 
C) convincing expatriates 
D) finding local skilled employees 
A) increase in the number of existing competitors 
B) disputes over management 
C) convincing expatriates 
D) finding local skilled employees

Question 3

________ is the conscious and active management of creating, disseminating, evolving, and applying facts, information, or skills acquired through experience or education, to strategic ends.

Accepted Answer

A) Business continuity management 
B) Employee value proposition 
C) Knowledge management 
D) Employee retention 
A) Business continuity management 
B) Employee value proposition 
C) Knowledge management 
D) Employee retention

Question 4

A major advantage of global and cross-border alliances is that they share the cost and risk of research and development of new products.

Accepted Answer

A) True 
 B)False

Question 5

Describe the process of knowledge management in international joint ventures.

Accepted Answer

Knowledge management is the conscious an

Question 6

What is an equity alliance?

Accepted Answer

A) a collaborative arrangement in which at least one collaborating company takes an ownership position in the other 
B) a collaboration in which each contributor receives an equitable return based on relative contribution 
C) a collaboration in which partners agree to share technology with each other 
D) a wholly owned acquisition to prevent appropriation of intellectual property 
A) a collaborative arrangement in which at least one collaborating company takes an ownership position in the other 
B) a collaboration in which each contributor receives an equitable return based on relative contribution 
C) a collaboration in which partners agree to share technology with each other 
D) a wholly owned acquisition to prevent appropriation of intellectual property

Question 7

Which of the following is a strategic implementation used by McDonald's?

Accepted Answer

A) keeping prices low to build market share 
B) altering menu items significantly to match cultural norms 
C) using American managers to run international franchises 
D) forming joint ventures with foreign restaurants to enter new markets 
A) keeping prices low to build market share 
B) altering menu items significantly to match cultural norms 
C) using American managers to run international franchises 
D) forming joint ventures with foreign restaurants to enter new markets

Question 8

According to David Lei, the single greatest impediment managers face when seeking to learn or renew sources of competitive advantage is that ________.

Accepted Answer

A) good venture partners are hard to find 
B) technologies change very rapidly 
C) partners can become competitors 
D) governments can be fickle 
A) good venture partners are hard to find 
B) technologies change very rapidly 
C) partners can become competitors 
D) governments can be fickle

Question 9

How can firms increase the likelihood of forming a successful global alliance?

Accepted Answer

(1)Choose a partner with compatible stra

Question 10

Which of the following terms suggests that global sourcing can produce gains in efficiency, productivity, quality, and profitability by fully leveraging talent around the world?

Accepted Answer

A) transformational outsourcing 
B) business process reengineering 
C) inverted sourcing 
D) lean integration 
A) transformational outsourcing 
B) business process reengineering 
C) inverted sourcing 
D) lean integration

Question 11

Where ownership is divided among several partners, the parent organizations are more likely to delegate the operational running of the IJV to ________.

Accepted Answer

A) local IJV management 
B) parent company management 
C) middle managers at the parent company level 
D) management teams from the largest company in the joint venture 
A) local IJV management 
B) parent company management 
C) middle managers at the parent company level 
D) management teams from the largest company in the joint venture

Question 12

What are the benefits of outsourcing abroad? What should firms do when implementing a global sourcing strategy?

Accepted Answer

Outsourcing abroad can produce gains in

Question 13

With regard to less-developed countries, most problems with international joint ventures involve ________.

Accepted Answer

A) the parent corporation 
B) the local partner 
C) differences in accounting standards between nations 
D) differences in control system information management between nations 
A) the parent corporation 
B) the local partner 
C) differences in accounting standards between nations 
D) differences in control system information management between nations

Question 14

What motivates a company to develop a cross-border alliance?

Accepted Answer

The commonly noted motivations for devel

Question 15

The initial challenge in implementing strategies in emerging markets is likely to be the navigation of poor infrastructures, supply chains, and distribution networks.

Accepted Answer

A) True 
 B)False

Question 16

What are some of the challenges in implementing global alliances?

Accepted Answer

Problems relate to shared ownership, dif

Question 17

________ are transition mechanisms that propel the partners' strategies forward in a turbulent environment faster than would be possible for each company alone.

Accepted Answer

A) Cooperative strategies 
B) Entry strategies 
C) Options strategies 
D) Competitive strategies 
A) Cooperative strategies 
B) Entry strategies 
C) Options strategies 
D) Competitive strategies

Question 18

Barton & Green is an MNC based in the U.S.that makes a wide range of software development products.Executives at the firm are considering the idea of outsourcing the company's IT infrastructure.Which of the following questions is the most relevant to Barton & Green's decision to outsource its IT infrastructure to TMC Enterprises, a firm in India?

Accepted Answer

A) Which type of operating system is primarily used by TMC Enterprises? 
B) What is the attitude of U.S. consumers about TMC Enterprises? 
C) What is the financial health of TMC Enterprises? 
D) Which other firms have outsourced their processes to TMC Enterprises? 
A) Which type of operating system is primarily used by TMC Enterprises? 
B) What is the attitude of U.S. consumers about TMC Enterprises? 
C) What is the financial health of TMC Enterprises? 
D) Which other firms have outsourced their processes to TMC Enterprises?

Question 19

A(n)________ refers to a JV among companies in different countries.

Accepted Answer

A) international joint venture 
B) equity joint venture 
C) global joint venture 
D) transnational joint venture 
A) international joint venture 
B) equity joint venture 
C) global joint venture 
D) transnational joint venture

Question 20

Which of the following motivates a company to form cross-border alliances?

Accepted Answer

A) to regulate and favor domestic companies 
B) to gain rapid entry into a new and consolidating market 
C) to remove exporting barriers for domestic companies 
D) to allow local companies to gain access to international products and services 
A) to regulate and favor domestic companies 
B) to gain rapid entry into a new and consolidating market 
C) to remove exporting barriers for domestic companies 
D) to allow local companies to gain access to international products and services

Parent companies use the IJV control process in order to ensure that the management of the joint venture conforms to ________.

Which of the following is a pitfall of cross-border alliances?

________ is the conscious and active management of creating, disseminating, evolving, and applying facts, information, or skills acquired through experience or education, to strategic ends.

A major advantage of global and cross-border alliances is that they share the cost and risk of research and development of new products.

Describe the process of knowledge management in international joint ventures.

What is an equity alliance?

Which of the following is a strategic implementation used by McDonald's?

According to David Lei, the single greatest impediment managers face when seeking to learn or renew sources of competitive advantage is that ________.

How can firms increase the likelihood of forming a successful global alliance?

Which of the following terms suggests that global sourcing can produce gains in efficiency, productivity, quality, and profitability by fully leveraging talent around the world?

Where ownership is divided among several partners, the parent organizations are more likely to delegate the operational running of the IJV to ________.

What are the benefits of outsourcing abroad? What should firms do when implementing a global sourcing strategy?

With regard to less-developed countries, most problems with international joint ventures involve ________.

What motivates a company to develop a cross-border alliance?

The initial challenge in implementing strategies in emerging markets is likely to be the navigation of poor infrastructures, supply chains, and distribution networks.

What are some of the challenges in implementing global alliances?

________ are transition mechanisms that propel the partners' strategies forward in a turbulent environment faster than would be possible for each company alone.

A(n)________ refers to a JV among companies in different countries.

Which of the following motivates a company to form cross-border alliances?

Assessing the Environment: Political, Economic, Legal, Technological

Managing Interdependence, Social Responsibility, and Ethics

Understanding the Role of Culture

Communicating Across Cultures

Cross-Cultural Negotiation and Decision Making

Formulating Strategy

Developing a Global Management Cadre

Staffing, Training, and Compensation for Global Operations

Developing a Global Management Cadre

Motivating and Leading

Filters

Exam 7: Global Alliances and Strategy Implementation

Parent companies use the IJV control process in order to ensure that the management of the joint venture conforms to ________.

Which of the following is a pitfall of cross-border alliances?

________ is the conscious and active management of creating, disseminating, evolving, and applying facts, information, or skills acquired through experience or education, to strategic ends.

A major advantage of global and cross-border alliances is that they share the cost and risk of research and development of new products.

Describe the process of knowledge management in international joint ventures.

What is an equity alliance?

Which of the following is a strategic implementation used by McDonald's?

According to David Lei, the single greatest impediment managers face when seeking to learn or renew sources of competitive advantage is that ________.

How can firms increase the likelihood of forming a successful global alliance?

Which of the following terms suggests that global sourcing can produce gains in efficiency, productivity, quality, and profitability by fully leveraging talent around the world?

Where ownership is divided among several partners, the parent organizations are more likely to delegate the operational running of the IJV to ________.

What are the benefits of outsourcing abroad? What should firms do when implementing a global sourcing strategy?

With regard to less-developed countries, most problems with international joint ventures involve ________.

What motivates a company to develop a cross-border alliance?

The initial challenge in implementing strategies in emerging markets is likely to be the navigation of poor infrastructures, supply chains, and distribution networks.

What are some of the challenges in implementing global alliances?

________ are transition mechanisms that propel the partners' strategies forward in a turbulent environment faster than would be possible for each company alone.

A(n)________ refers to a JV among companies in different countries.

Which of the following motivates a company to form cross-border alliances?

Assessing the Environment: Political, Economic, Legal, Technological

Managing Interdependence, Social Responsibility, and Ethics

Understanding the Role of Culture

Communicating Across Cultures

Cross-Cultural Negotiation and Decision Making

Formulating Strategy

Developing a Global Management Cadre

Staffing, Training, and Compensation for Global Operations

Developing a Global Management Cadre

Motivating and Leading

Filters