Question 1

A ________ is a new independent entity that is collectively created and owned by two or more parent companies.

Accepted Answer

A) subsidiary 
B) joint venture 
C) greenfield investment 
D) turnkey operation 
A) subsidiary 
B) joint venture 
C) greenfield investment 
D) turnkey operation

Question 2

According to Berdrow and Lane, the process of harvest can be defined as ________.

Accepted Answer

A) managing the flow of existing knowledge between parents and from the parents to the IJV 
B) managing the flow of transformed and newly created knowledge from the IJV back to the parents 
C) capturing knowledge of local partners and keeping it confidential 
D) managing the transformation and creation of knowledge within the IJV through its independent activities 
A) managing the flow of existing knowledge between parents and from the parents to the IJV 
B) managing the flow of transformed and newly created knowledge from the IJV back to the parents 
C) capturing knowledge of local partners and keeping it confidential 
D) managing the transformation and creation of knowledge within the IJV through its independent activities

Question 3

Wholly owned operations abroad inhibit a company's ability to pursue a global strategy.

Accepted Answer

A) True 
 B)False

Question 4

Which of the following is the most beneficial aspect of an international joint venture?

Accepted Answer

A) the international partner receives the entire profit 
B) the responsibility of risks is solely taken by the international partner 
C) the partner's local contacts and markets will be utilized 
D) the entire cost of production will be borne by the local partner 
A) the international partner receives the entire profit 
B) the responsibility of risks is solely taken by the international partner 
C) the partner's local contacts and markets will be utilized 
D) the entire cost of production will be borne by the local partner

Question 5

Organizational design as a mechanism for factoring international joint venture control refers to the ________.

Accepted Answer

A) human resource plans and policies of the joint venture 
B) market share and profitability ratios of the organization 
C) geographic location of the joint venture's facilities 
D) amount of decision-making power that the joint venture holds 
A) human resource plans and policies of the joint venture 
B) market share and profitability ratios of the organization 
C) geographic location of the joint venture's facilities 
D) amount of decision-making power that the joint venture holds

Question 6

MNCs often partner with local SMEs in order to ________.

Accepted Answer

A) capture new innovations and ideas 
B) reduce the potential risks of the company 
C) ensure international expansion 
D) maximize the autonomy of the partners 
A) capture new innovations and ideas 
B) reduce the potential risks of the company 
C) ensure international expansion 
D) maximize the autonomy of the partners

Question 7

What is the "dual nature" of strategic alliances?

Accepted Answer

Alliances serve both a cooperative and a

Question 8

Which of the following best describes the role of e-commerce enablers?

Accepted Answer

A) They facilitate multinational companies to collaborate with medium-sized organizations. 
B) They allow innovative transnational companies to gain entry into foreign markets. 
C) They help small- and medium-sized companies to go global without the internal capabilities to carry out global activities. 
D) They reduce the risks involved in joint venture and other forms of alliances. 
A) They facilitate multinational companies to collaborate with medium-sized organizations. 
B) They allow innovative transnational companies to gain entry into foreign markets. 
C) They help small- and medium-sized companies to go global without the internal capabilities to carry out global activities. 
D) They reduce the risks involved in joint venture and other forms of alliances.

Question 9

All of the following would be examples of international joint ventures EXCEPT ________.

Accepted Answer

A) two Japanese companies sharing ownership of a company in Canada 
B) a Danish company sharing ownership with a South African company in South Africa 
C) a government-owned company from China sharing ownership with an Australian company in Panama 
D) two Venezuelan companies sharing ownership of a company in Venezuela 
A) two Japanese companies sharing ownership of a company in Canada 
B) a Danish company sharing ownership with a South African company in South Africa 
C) a government-owned company from China sharing ownership with an Australian company in Panama 
D) two Venezuelan companies sharing ownership of a company in Venezuela

Question 10

Why is an international joint venture referred to as a marriage between venture partners?

Accepted Answer

International Joint Ventures are like a

Question 11

All of the following are cooperative aspects of strategic alliances, EXCEPT ________.

Accepted Answer

A) creating economies of scale in tangible assets 
B) forming upstream-downstream divisions of labor 
C) limiting investment risks through shared resources 
D) learning new intangible skills from alliance partners 
A) creating economies of scale in tangible assets 
B) forming upstream-downstream divisions of labor 
C) limiting investment risks through shared resources 
D) learning new intangible skills from alliance partners

Question 12

Which of the following variables is frequently overlooked when deciding on entry strategies and alliances, particularly when the target country is perceived to be similar to the home country?

Accepted Answer

A) political stability 
B) culture 
C) currency stability 
D) competition 
A) political stability 
B) culture 
C) currency stability 
D) competition

Question 13

Which of the following terms refers to the process by which the firm integrates and benefits from the experiences and skills learned by its employees?

Accepted Answer

A) knowledge management 
B) employee value proposition 
C) employee retention 
D) business process outsourcing 
A) knowledge management 
B) employee value proposition 
C) employee retention 
D) business process outsourcing

Question 14

The need for knowledge management in IJVs primarily stems from ________.

Accepted Answer

A) employee concerns regarding job security and benefits 
B) cultural and system differences between partners 
C) local government regulations and restrictions 
D) proprietary information legalities 
A) employee concerns regarding job security and benefits 
B) cultural and system differences between partners 
C) local government regulations and restrictions 
D) proprietary information legalities

Question 15

According to Berdrow and Lane, the process of transformation can be defined as ________.

Accepted Answer

A) transforming the existing knowledge of parents and managing the flow of this transformed knowledge between parents 
B) managing the transformation and creation of knowledge within the IJV through its independent activities 
C) capturing and keeping knowledge that exists within the local partners confidential 
D) managing the flow of transformed and newly created knowledge from the IJV back to the parents 
A) transforming the existing knowledge of parents and managing the flow of this transformed knowledge between parents 
B) managing the transformation and creation of knowledge within the IJV through its independent activities 
C) capturing and keeping knowledge that exists within the local partners confidential 
D) managing the flow of transformed and newly created knowledge from the IJV back to the parents

Question 16

Which of the following is NOT a knowledge management process?

Accepted Answer

A) transferring existing knowledge 
B) transforming and creating of knowledge 
C) harvesting knowledge from the IJV to the parents 
D) distributing knowledge to clients and media outlets 
A) transferring existing knowledge 
B) transforming and creating of knowledge 
C) harvesting knowledge from the IJV to the parents 
D) distributing knowledge to clients and media outlets

Question 17

E-commerce enablers help small and medium-sized companies to go global without the internal capabilities to carry out global e-commerce functions.

Accepted Answer

A) True 
 B)False

Question 18

What is international joint venture control? Why is it important?

Accepted Answer

International joint venture control refe

Question 19

MNCs often partner with local small enterprises to capture new ideas and innovations.

Accepted Answer

A) True 
 B)False

Question 20

A major benefit of cross-border alliances is that they facilitate the access to specific markets where regulations favor domestic companies.

Accepted Answer

A) True 
 B)False

A ________ is a new independent entity that is collectively created and owned by two or more parent companies.

According to Berdrow and Lane, the process of harvest can be defined as ________.

Wholly owned operations abroad inhibit a company's ability to pursue a global strategy.

Which of the following is the most beneficial aspect of an international joint venture?

Organizational design as a mechanism for factoring international joint venture control refers to the ________.

MNCs often partner with local SMEs in order to ________.

What is the "dual nature" of strategic alliances?

Which of the following best describes the role of e-commerce enablers?

All of the following would be examples of international joint ventures EXCEPT ________.

Why is an international joint venture referred to as a marriage between venture partners?

All of the following are cooperative aspects of strategic alliances, EXCEPT ________.

Which of the following variables is frequently overlooked when deciding on entry strategies and alliances, particularly when the target country is perceived to be similar to the home country?

Which of the following terms refers to the process by which the firm integrates and benefits from the experiences and skills learned by its employees?

The need for knowledge management in IJVs primarily stems from ________.

According to Berdrow and Lane, the process of transformation can be defined as ________.

Which of the following is NOT a knowledge management process?

E-commerce enablers help small and medium-sized companies to go global without the internal capabilities to carry out global e-commerce functions.

What is international joint venture control? Why is it important?

MNCs often partner with local small enterprises to capture new ideas and innovations.

A major benefit of cross-border alliances is that they facilitate the access to specific markets where regulations favor domestic companies.

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

A ________ is a new independent entity that is collectively created and owned by two or more parent companies.

According to Berdrow and Lane, the process of harvest can be defined as ________.

Wholly owned operations abroad inhibit a company's ability to pursue a global strategy.

Which of the following is the most beneficial aspect of an international joint venture?

Organizational design as a mechanism for factoring international joint venture control refers to the ________.

MNCs often partner with local SMEs in order to ________.

What is the "dual nature" of strategic alliances?

Which of the following best describes the role of e-commerce enablers?

All of the following would be examples of international joint ventures EXCEPT ________.

Why is an international joint venture referred to as a marriage between venture partners?

All of the following are cooperative aspects of strategic alliances, EXCEPT ________.

Which of the following variables is frequently overlooked when deciding on entry strategies and alliances, particularly when the target country is perceived to be similar to the home country?

Which of the following terms refers to the process by which the firm integrates and benefits from the experiences and skills learned by its employees?

The need for knowledge management in IJVs primarily stems from ________.

According to Berdrow and Lane, the process of transformation can be defined as ________.

Which of the following is NOT a knowledge management process?

E-commerce enablers help small and medium-sized companies to go global without the internal capabilities to carry out global e-commerce functions.

What is international joint venture control? Why is it important?

MNCs often partner with local small enterprises to capture new ideas and innovations.

A major benefit of cross-border alliances is that they facilitate the access to specific markets where regulations favor domestic companies.

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